CWT Helps Capture 10.4 Million Pounds of Cheese, Butter Exports in January
February 9, 2018
Cooperatives Working Together (CWT) helped member cooperatives in January secure 63 contracts to sell 9.71 million pounds of American-type cheeses and 729,730 pounds of butter to customers in Asia, the Middle East, North Africa and Oceania. The product will be shipped during the months of January through April 2018.
These transactions will send cheese and butter to 10 countries in four regions of the world, and will move overseas the equivalent of 106.08 million pounds of milk on a milkfat basis. 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.
Helping CWT members 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.
All cooperatives and dairy farmers are encouraged to add their support to this important program. Membership forms are available on the CWT website.
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