CWT-Assisted Member Sales 4.3 million Pounds of Product in November
December 9, 2019
Cooperatives Working Together assisted member cooperatives in securing sales contracts to send 2.8 million pounds of American-type cheese, 1.3 million pounds of whole milk powder, and 262,350 pounds of cream cheese to customers in Asia, the Middle East, Central and South America, and Oceania in November. The products will be shipped during the months of November 2019 through May 2020.
Member cooperatives’ sales activities through November bring the year-to-date CWT-assisted export sales to 46.7 million pounds of America-type cheeses, 4.6 million pounds of butter, and 45.1 million pounds of whole milk powder, 123,458 pounds of anhydrous milkfat, and 6.2 million pounds of cream cheese. The milk equivalent of these sales is 916.7 million pounds on a milkfat basis.
Assisting CWT member cooperatives gain and maintain world market share through the Export Assistance program positively impacts all U.S. dairy farmers by strengthening and maintaining the value of dairy products that directly impact their milk price. It does this by expanding the demand for U.S. dairy products beyond the domestic market thereby increasing the total demand for U.S. farm milk.
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 all dairy farmers benefit from CWT’s activities and should add their support to this important program in 2019 and beyond. Membership forms for 2019-2021 are available at http://www.cwt.coop/membership.
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