CWT-Assisted Sales Help U.S. Dairy Farmers Maintain World Market Share
May 11, 2015
In April, Cooperatives Working Together helped its member cooperatives contract to sell 6.047 million pounds of American-type cheese, 55,116 pounds of butter, and 9.841 million pounds of whole milk powder.
When added to sales placed under contract from January through March, the April sales bring the 2015 year to date totals to 29.5 million pounds of cheese, 24.4 million pounds of butter, and 9.9 million pounds of whole milk powder. Together, these sales will send the equivalent of 893 million pounds of milk, on a milkfat basis, to customers in 28 countries on five continents, now through October 2015.
Developed by NMPF, CWT is a voluntary export assistance program supported by the majority of the nation’s dairy farmers. By helping to move U.S. dairy products into world markets, CWT grows the U.S dairy farmers’ share of these expanding markets which, in turn, benefits farm milk prices.