Cheese & Butter Export Sales Aid From CWT

Jamie Johansen

CWT-logo6Cooperatives Working Together (CWT) has accepted six requests for export assistance from Maryland & Virginia Milk Producers, Northwest Dairy Association (Darigold) and Upstate Niagara/O-AT-KA who have contracts to sell 3.702 million pounds of Cheddar, and Monterey Jack cheese, and 110,231 pounds of butter to customers in Asia and the Middle East.

Year-to-date, CWT has assisted member cooperatives who have contracts to sell 35.177 million pounds of cheese, 26.592 million pounds of butter, and 20.071 million pounds of whole milk powder to twenty eight countries on five continents. The amounts of Cheese, Butter and Whole Milk Powder in these sales contracts represent the equivalent of 1.070 billion pounds of milk on a milkfat basis.

Assisting CWT members through the Export Assistance program, in the long-term, helps member cooperatives gain and maintain market share, thus expanding 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 cheese 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.

Agribusiness, Butter, Cheese, cooperatives, cwt