CWT-assisted sales top 600 million pounds milk equivalent
June 11, 2019
The 38 contracts Cooperatives Working Together member cooperatives secured in May added 1.9 million pounds of American-type cheeses, 654,773 pounds of butter, 632,727 pounds of cream cheese, and 6.8 million pounds of whole milk powder to CWT-assisted sales in 2018 bringing total milk equivalent for the year to 604 million pounds on a milkfat basis.
These products will go customers in Asia, Central and South America, the Middle East, and North Africa. The product will be shipped May through September.
CWT-assisted 2019 dairy product sales contracts total 26.1 million pounds of cheese, 4.6 million pounds of butter, 2.6 million pounds of cream cheese and 30.2 million pounds of whole milk powder. All this product is scheduled to ship in the first nine month of 2019.
A thriving dairy export sector is critical to the growth and viability of dairy farmers and their cooperatives across the country. Whether or not a cooperative is actively engaged in exporting cheese, butter, anhydrous milkfat, cream cheese, pasteurized process cheese, or whole milk powder, the growth potential in world markets is greater that domestic sales. CWT provides a means to move domestic dairy products to overseas markets by helping to overcome U.S. dairy’s trade disadvantages.
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.