It looks like members of Cooperatives Working Together are happy with the organization’s work. So much so that they’ve decided to double their investment.
Members of Cooperatives Working Together (CWT) have committed to doubling the investment they are making as the fourth year of the historic self-help economic program begins on July 1st. Starting with July’s milk production, CWT member cooperatives and individual farmers will begin contributing ten cents per hundredweight, an increase of five cents per hundredweight from the current level of commitment. The additional revenue will be used to continue CWT’s two-pronged approach to reducing milk supplies in an effort to improve the economic climate for America’s dairy farmers. The higher assessment will run through 2007, and ensures that CWT will be able to fund additional herd retirement efforts, as well as its ongoing export assistance program.
We’ll continue to post weekly summaries of CWT export activity for you.