CWT assists member export sales of 12.7 million pounds in January
February 2, 2021
CWT assisted member cooperatives in securing 79 contracts resulting in sales of 3 million pounds of American-type cheeses, 3.3 million pounds of butter, 985,466 pounds of anhydrous milkfat (AMF), 3 million pounds of whole milk powder, and 2.4 pounds of cream cheese. The product is going to 56 customers in 15 countries in Asia, Central America, the Middle East, North Africa, Oceania and South America. The product will be shipped during the months of January through June 2021.
These transactions will move the equivalent of 170.2 million pounds of milk on a milkfat basis overseas.
Assisting CWT member cooperatives to 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.
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