CWT-Assisted Member Sales Top 23 Million Pounds of Product in November
December 8, 2018
Cooperatives Working Together (CWT) assisted seven member cooperatives last month in securing 76 sales contracts to export 23 million pounds of American-type cheese, butter and whole milk powder. Sixty contracts will deliver 14.7 million pounds of American-type cheeses to nine countries, nine butter contracts account for 5.3 million pounds of butter headed to four countries, and seven contracts will move 3.3 million pounds of whole milk powder to five countries. The products will go to customers in Asia, the Middle East, North Africa, Central America, Oceania and South America, and will be shipped from November 2018 through May 2019.
Member cooperatives’ sales activities through November bring the year-to-date CWT-assisted export sales to 66.4 million pounds of America-type cheeses, 15.9 million pounds of butter and 38.7 million pounds of whole milk powder. The milk equivalent of these sales is 1.252 billion pounds on a milkfat basis.
Helping 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 raise milk prices. It does this by expanding the demand for U.S. dairy exports, 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 product export and delivery is verified by required documentation.
All cooperatives and all dairy farmers benefit from CWT’s activities and should add their support to this important program next year and beyond. Membership forms for 2019-2021 are available at the CWT website.