CWT Export Assistance Program Extended
December 2, 2011
Dairy cooperatives and individual farmers representing 70.1% of the nation’s milk have committed two cents per hundred pounds of milk to Cooperatives Working Together (CWT) for 2012 and 2013. As a result of reaching the minimum participation level that the CWT Committee established, the Export Assistance program will carry on with assisting member cooperatives in selling U.S. cheese to key markets around the world. The two-cent investment will begin with milk marketed in January 2012, and continue on member milk marketings through December 2013.
Meanwhile, CWT members continued to aggressively sell American cheeses to key markets in November. A total of 9.5 million pounds of cheddar and Monterey Jack cheese, scheduled for shipment through April 2012, will receive assistance from CWT. This brings the total export sales assisted so far in 2011 to 88.3 million pounds going to 25 countries on four continents.
CWT requires extensive documentation from cooperative members showing that the product was delivered in order for assistance payments to be made.