CWT-assisted September export sales contracts total 7.6 million pounds
October 6, 2016
Thanks to the assistance provided by Cooperatives Working Together, member cooperatives captured 42 contracts to sell more than 7.6 million pounds of American-type cheese in September. The products will go to customers in Asia, Central America, the Middle East, North Africa and Oceania. The product will be shipped from September through December 2016.
Through September of this year, CWT has assisted members in winning export sales contracts totaling 39.75 million pounds of American-type cheese, 7.5 million pounds of butter (82% milkfat) and 21.30 million pounds of whole milk powder going to customers in 22 countries on five continents. The sales are the equivalent of 690.94 million pounds of milk on a milkfat basis. Totals are adjusted for cancellations received during the month.
Assisting CWT member cooperatives gain and maintain world market share through the Export Assistance program expands the demand for U.S. dairy products. This, in turn, positively affects 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 on the CWT website.
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