July Busy Month for CWT
August 2, 2010
July Busy Month for CWT
July was a busy month of the Cooperatives Working Together (CWT) program.
The month started with the 2010 Herd Retirement bid selection process. A total of 209 bids from 38 states were received, and 194 were accepted during the selection process. The bids represented over 34,000 cows that produced 653 million pounds of milk from April 2009 through March 2010. CWT farm auditors began visiting successful bidders the week of July 12, and it is anticipated that farm audits will be completed by mid-August.
During July, the CWT Export Assistance program approved ten requests from members for assistance in exporting 3.6 million pounds of cheese. In addition, butter, butter blends, and anhydrous milkfat were added to the products currently eligible for export assistance. In just two weeks, 17 requests for assistance were accepted that helped CWT members sell 23.3 million pounds of butter and anhydrous milkfat.