CWT Helps Member Co-ops Secure 9.6 Million Pounds of Export Sales
June 6, 2017
Cooperatives Working Together assisted member cooperatives last month in winning 54 contracts to sell 8.1 million pounds of cheese and 1.6 million pounds of butter to customers in Asia, Europe, the Middle East, North Africa and Oceania in May 2017. The U.S.-made dairy products will be shipped from May through August 2017.
These transactions raise the total CWT-assisted product sales so far in 2017 to 37.7 million pounds of cheese and 3 million pounds of butter. These sales are going customers in 17 countries in five regions, and will move the equivalent of 415.8 million pounds of milk on a milkfat basis overseas through August 2017.
Assisting CWT member cooperatives 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 also available on the CWT website.