News and Press

CWT Assists with 1.2 Million Pounds of Cheese Export Sales

ARLINGTON, VA – Cooperatives Working Together (CWT) has accepted six requests for export assistance from members who have contracts to sell 1.195 million pounds (542 metric tons) of Cheddar, Gouda and Monterey Jack cheeses to customers in Asia, the Middle East and Oceania. The product has been contracted for delivery in the period from October 2016 through December 2017.

So far this year, CWT has assisted member cooperatives who have contracts to sell 40.393 million pounds of American-type cheeses, 7.491 million pounds of butter (82% milkfat) and 19.096 million pounds of whole milk powder to 21 countries on five continents. The sales are the equivalent of 680.787 million pounds of milk on a milkfat basis. Totals have been adjusted for cancellations.

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 affects all U.S. dairy farmers by strengthening and maintaining the value of dairy products that directly impact their milk price.

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.

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The Cooperatives Working Together (CWT) Export Assistance program is funded by voluntary contributions from dairy cooperatives and individual dairy farmers. The money raised by their investment is being used to strengthen and stabilize the dairy farmers’ milk prices and margins. For more information about CWT, visit www.cwt.coop.