Cooperatives Working Together (CWT) has accepted 19 requests for export assistance from Dairy Farmers of America, Darigold and United Dairymen of Arizona to sell 3.320 million pounds (1,506 metric tons) of Cheddar and Monterey Jack cheese, and 357,149 pounds (162 metric tons) of butter, to customers in Asia, Central America and the Middle East. The product will be delivered September 2012 through February 2013.
In 2012, CWT has assisted member cooperatives in making export sales of Cheddar, Monterey Jack and Gouda cheese totaling 85.7 million pounds, butter totaling 57.4 million pounds and anhydrous milk fat totaling 123,459 pounds. The product will go to 34 countries on four continents. On a butterfat basis, the milk equivalent of these exports is 2.046 billion pounds, or the same as the annual milk production of 97,400 cows.
Assisting CWT members through the Export Assistance program positively impacts producer milk prices in the short-term by reducing inventories that overhang the market and depress cheese and butter prices. In the long-term, CWT’s Export Assistance program helps member cooperatives gain and maintain market share, thus expanding the demand for U.S. dairy products and the farm milk that produces them.
CWT will pay export bonuses to the bidders only when delivery of the product is verified by the submission of the required documentation.
Source: Cooperatives Working Together (CWT)
3 Comments on “CWT Export Update”
what a short sighted disaster this would be , all this acheives is to dump cheap subsidised product on the world which in turn lowers the world dairy price and causes farmer suicides and poverty in the rest of the world , no wonder there is so much hatred for the most stupid stupid country in the world “the USA”.
Think outside the square and work out ways to help lift world dairy industry price and help all farmers rather than destroying the world dairy market.
Maybe buy up the extra product and dump it in the sea , anything would be better than this lunatic path.
Andrew T dairyfarmer Australia
what a short sighted disaster this would be , all this acheives is to dump cheap subsidised product on the world which in turn lowers the world dairy price and causes farmer suicides and poverty in the rest of the world , no wonder there is so much hatred for the most stupid stupid country in the world “the USA”.
Think outside the square and work out ways to help lift world dairy industry price and help all farmers rather than destroying the world dairy market.
Maybe buy up the extra product and dump it in the sea , anything would be better than this lunatic path.
Andrew T dairyfarmer Australia
what a short sighted disaster this would be , all this acheives is to dump cheap subsidised product on the world which in turn lowers the world dairy price and causes farmer suicides and poverty in the rest of the world , no wonder there is so much hatred for the most stupid stupid country in the world “the USA”.
Think outside the square and work out ways to help lift world dairy industry price and help all farmers rather than destroying the world dairy market.
Maybe buy up the extra product and dump it in the sea , anything would be better than this lunatic path.
Andrew T dairyfarmer Australia