CWT assists members in getting 10.1 million pounds of export sales contracts
December 7, 2015
Cooperatives Working Together assisted member cooperatives in November in getting 18 contracts to sell 4.786 million pounds of cheese and 5.331 million pounds of whole milk powder to customers in Asia and South America. The product will be shipped from November 2015 through May 2016.
These sales contracts bring CWT’s totals through October 2015 to 53.7 million pounds of cheese, 25.7 million pounds of butter and 40.4 million pounds of whole milk powder. In total, CWT-assisted transactions will move the equivalent of 1.368 billion pounds of milk on a milkfat basis to customers in 35 countries on five continents. These totals are adjusted for contract cancellations.
Developed by NMPF, CWT’s export assistance program is supported on a voluntary basis by dairy farmers across the nation. By helping to move U.S. dairy products into world markets, CWT helps maintain and grow U.S. dairy farmers’ share of these expanding markets which, in turn, works to keep dairy farmer milk prices at reasonable levels.
Renewal of the CWT program for the period 2016-2018 is underway. All cooperatives and dairy farmers are encouraged to add their support to this important program. Membership forms are available on the CWT website.