Cooperatives Working Together (CWT) has accepted 6 requests for export assistance from Dairy Farmers of America, and Northwest Dairy Association (Darigold) to sell 507,063 pounds (230 metric tons) of Cheddar, Gouda and Monterey Jack cheese and 44,092 pounds (20 metric tons) of 82% butter to customers in Asia. The product will be delivered in February through April 2015.
Year-to-date, CWT has assisted member cooperatives in selling 4.420 million pounds of cheese and 14.407 million pounds of butter to fourteen countries on four continents. The sales are the equivalent of 364.961 million pounds of milk on a milkfat basis.
Assisting CWT members through the Export Assistance program, in the long-term, helps member cooperatives gain and maintain market share, thus expanding the demand for U.S. dairy products and the U.S. farm milk that produces them. This, in turn, positively impacts U.S. dairy farmers by strengthening and maintaining the value of dairy products that directly impact their milk price.
CWT will pay export assistance to the bidders only when delivery of the product is verified by the submission of the required documentation.
The Cooperatives Working Together (CWT) Export Assistance program is funded by voluntary contributions from dairy cooperatives and individual dairy farmers. The money raised by their investment is being used to strengthen and stabilize the dairy farmers' milk prices and margins. For more information about CWT, visit www.cwt.coop. 2.2.2015