CWT’s 2010 Herd Retirement Expected to Make Positive Impact on Price Recovery
July 2, 2010
CWT’s 2010 Herd Retirement Expected to Make Positive Impact on Price Recovery
CWT announced on May 27th that it would carry out its tenth herd retirement since the CWT program was initiated in 2003. The action was taken because a review of a number of economic factors indicated that a herd retirement at this time should result in adding positive momentum to the milk price recovery that is underway.
Bids had to be postmarked no later than June 25th to be considered during the bid selection on July 7th. CWT farm auditors will begin visiting selected dairies on July 12th, and all bidders will be notified no later than July 30th if their bid was selected.
An audited financial statement of CWT’s 2009 activities, along with a 2010 financial statement through April 30th, is now available on the CWT website. Visit www.cwt.coop for more information.
