CWT-Assisted Sales Contracts Near 10 Million Pounds of Dairy-Product Exports in July
August 5, 2019
CWT assisted member cooperatives in securing 44 contracts to sell 5.3 million pounds of American-type cheeses, 3.8 million pounds of whole milk powder, 35,274 pounds of anhydrous milkfat (AMF), and 504,859 pounds of cream cheese to customers in Asia, Central and South America, the Middle East, North Africa, and Oceania. The product will be shipped to customers in 12 countries in those six regions of the world during the months of July through December 2019.
The contracts bring the 2018 total of the CWT-assisted product sales contracts to 35.8 million pounds of cheese, 4.2 million pounds of butter, 35.6 million pounds of whole milk powder, 189,598 pounds of AMF and 3.6 million pounds of cream cheese. These transactions will move the equivalent of 726.4 million pounds of milk on a milkfat basis overseas.
Assisting CWT member cooperatives gain and maintain world market share through the Export Assistance program, in the long-term expands the demand for U.S. dairy products and the U.S. farm milk that produces them. This, in turn, positively impacts all U.S. dairy farmers by strengthening and maintaining the value of dairy products that directly impact their milk price.
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.