CWT Starts Year Strong with 14.7 Million Pounds of Assisted Sales in January
February 7, 2019
Cooperatives Working Together (CWT) helped member cooperatives secure 60 contracts, resulting in sales of 11.7 million pounds of American-type cheeses, 707,684 pounds of butter and 2.2 million pounds of whole milk powder. The product is going to 38 customers in Asia, Central America, the Middle East, North Africa, Oceania and South America. The product will be shipped during the months of January through July 2019. These transactions will move overseas the equivalent of 140.6 million pounds of milk on a milkfat basis.
Assisting CWT member cooperatives to 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 required documentation.
All cooperatives and dairy farmers are encouraged to add their support to this important program. Membership forms are available online.