September’s CWT Export Sales Contracts Top 13 Million Pounds of Dairy Products
October 7, 2015
Cooperatives Working Together member cooperatives last month captured 52 contracts to sell 13.104 million pounds of dairy products to customers in 19 countries. The 3.4 million pounds of American-type cheeses, 6.5 million pounds of butter and 3.2 pounds of whole milk powder will be shipped from September 2015 through March 2016.
These sales contracts bring the 2015 CWT totals through August to 47.1 million pounds of cheese, 25.7 million pounds of butter, and 35.6 million pounds of whole milk powder. In total, CWT assisted transactions will move the equivalent of 1.272 billion pounds of milk, on a milkfat basis, to customers in 35 countries on five continents. These totals are adjusted for contract cancellations.
Developed by NMPF, CWT is a voluntary export assistance program supported by dairy farmers producing 70 percent of the nation’s milk. By helping to move U.S. dairy products into world markets, CWT helps keep maintain and grow U.S. dairy farmers share of these expanding markets which, in turn, keeps dairy farmer milk prices at reasonable levels.