CWT Assists Exports, Moves Forward with Contribution Increase
July 10, 2013
In June, Cooperatives Working Together (CWT) received 95 requests from member cooperatives to assist with exports of cheese and butter. After careful analysis of each request, CWT accepted 37 of those requests, based on the level of assistance that was economically justified.
This resulted in members selling 7.72 million pounds of cheese, and 665,796 pounds of 82% milkfat content butter to countries in Asia, the Middle East, and North Africa.
For the first six month of 2013, CWT has assisted 10 member cooperatives in selling 66.9 million pounds of Cheddar, Gouda, and Monterey Jack cheese, as well as 52.4 million pounds of 82% butter, 44,092 pounds of anhydrous milk fat, and 218,258 pounds of whole milk powder. All of the product will be delivered in 2013.
Year-to-date, the milk equivalent on a milkfat basis of CWT-assisted exports was 1.76 billion pounds.
In other CWT news, the CWT Committee voted on June 11th to increase the dairy producer contribution to CWT from 2¢ to 4¢ per hundredweight, effective July 1, 2013. New membership agreements have been sent to CWT’s current members and are also available on the CWT website – www.cwt.coop – under the Membership tab.
