CWT-Assisted Export Dairy Sales Through August Reach Nearly 950 Million Pounds
September 2, 2021
CWT member cooperatives secured 49 contracts in August adding 3.0 million pounds of American-type cheeses, 882,000 pounds of butter, 344,000 pounds of whole milk powder and 344,000 pounds of cream cheese to CWT-assisted sales in 2021. These products will go customers in Asia, the Middle East, Oceania, Central America and South America, and will be shipped August 2021 through February 2022.
CWT-assisted 2021 dairy product sales contracts year-to-date total 34.1 million pounds of cheese, 12.7 million pounds of butter, 5.1 million pounds of anhydrous milkfat (AMF), 9.1 million pounds of cream cheese and 18.5 million pounds of whole milk powder. This brings the total milk equivalent for the year to roughly 945.1 million pounds on a milkfat basis.
Exporting dairy products is critical to the viability of dairy farmers and their cooperatives across the country. Whether or not a cooperative is actively engaged in exporting cheese, butter, anhydrous milkfat, cream cheese, or whole milk powder, moving products into world markets is essential. CWT provides a means to move domestic dairy products to overseas markets by helping to overcome U.S. dairy’s trade disadvantages.
The amounts of dairy products and related milk volumes reflect current contracts for delivery, not completed export volumes. CWT will pay export assistance to the bidders only when export and delivery of the product is verified by the submission of the required documentation.
All cooperatives and dairy farmers are encouraged to add their support to this important program. Membership forms are available at http://www.cwt.coop/membership.