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October CWT-Assisted Member Export Sales Contracts Total 7.8 Million Pounds of Dairy Products

November 16, 2016

Cooperatives Working Together assisted member cooperatives in October in winning 48 contracts to export 5.44 million pounds of American-type cheeses and 2.39 million pounds of butter. The products will go to customers in Asia, the Middle East, North Africa and Oceania, and will be shipped from October 2016 through January 2017.

CWT assisted members in getting exports sales contracts totaling 44.19 million pounds of American-type cheese, 10.98 million pounds of butter (82% milkfat) and 19.1 million pounds of whole milk powder going to customers in 24 countries on five continents. The sales are the equivalent of 794.32 million pounds of milk on a milkfat basis. Totals are adjusted for cancellations received during the month.

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 increases demand, which positively affects all U.S. dairy farmers by strengthening and maintaining the value of dairy products that directly impact their milk prices.

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.