Cooperatives Working Together (CWT) has accepted 2 requests for export assistance to sell 220,462 pounds (100 metric tons) of Cheddar cheese and 1.102 million pounds (500 metric tons) of 82% butter to customers in the Middle East and Central America. The product will be delivered in February through August 2015.

Year-to-date, CWT has assisted member cooperatives in selling 4.641 million pounds of cheese and 15.510 million pounds of butter to fourteen countries on four continents. The sales are the equivalent of 391.798 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.

Cooperatives Working TogetherThe 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.
Return to Industry Buzz.


2.9.2015