News & Resources

CWT-Assisted Export Sales Well Ahead of 2011

October 6, 2012

CWT-Assisted Export Sales Well Ahead of 2011

For the first six months of 2012, Cooperatives Working Together (CWT) has assisted 10 member cooperatives in making 406 sales to overseas buyers in 32 countries in the Asia/Pacific region, the Middle East, North Africa, and Central and South America. Cheese export sales through the end of June totaled 66.3 million pounds. Butter and anhydrous milk fat sales totaled 45.2 million pounds.

All products are scheduled to be delivered in 2012 and are the equivalent of 1.597 billion pounds of milk on a butterfat basis, or the same as the annual production of 76,100 cows. With U.S. milk production up 3.3 billion pounds in the first five months of 2012, CWT is not only expanding and maintaining markets for U.S. dairy products, but it is also moving milk out of the U.S. market. This strengthens and stabilizes dairy farmer milk prices. CWT members have sold the equivalent of 1.6 billion pounds of milk overseas so far this year.

Thirty-seven dairy cooperatives and 117 individual producers, representing 70% of the milk produced in the U.S., are investing in CWT. If more cooperatives and individual producers invest just two cents per hundredweight in CWT, the program will be more effective. For membership information, please visit www.cwt.coop.