CWT Members Make 3.3 Million Pounds of Cheese Sales in August
September 11, 2017
Cooperatives Working Together’s export assistance program helped members secure 32 contracts in August to sell 3.27 million pounds of American-type cheeses to customers in Asia, Central America, the Middle East, North Africa and Oceania. The product will be shipped during the months of August through November 2017.
These transactions raise the total of CWT-assisted year-to-date net product sales to 48.31 million pounds of cheese and 3.01 million pounds of butter. These sales are going to customers in 17 countries in five regions, and will move the equivalent of 513.65 million pounds of milk on a milkfat basis overseas through November 2017.
Helping 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 affects 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 available on the CWT website.
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