CWT Export Assistance Uses 75% of Milk Production Increase
December 4, 2012
November was another very active month for the Cooperatives Working Together (CWT) Export Assistance program. Of the 79 requests received, CWT provided members with competitive assistance on 18 cheese bids totaling 7.315 million pounds, 14 butter bids totaling 9.306 million pounds, and one whole milk powder bid for 85,980 pounds.
When combined with assisted sales from the previous ten months, this activity brings the total pounds of cheese sold with the help of CWT to 113.6 million pounds for the year. The total butter CWT has helped members to sell is 70.5 million pounds. Total anhydrous milkfat and whole milk powder sales assisted by CWT are 127,868 pounds and 171,961 pounds, respectively.
These sales are the equivalent of 2.590 billion pounds of milk on a milkfat basis. That means that CWT-assisted export sales will utilize 75% of the 3.4 billion pounds of additional milk produced so far in 2012.
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