ARLINGTON, VA – Cooperatives Working Together (CWT) member cooperatives accepted eight offers of export assistance from CWT that helped them capture sales contracts for 1.014 million pounds (460 metric tons) of Cheddar and Monterey Jack cheese. The product is going to customers in Asia and the Middle East. It will be delivered during the period from September 2019 through February 2020.
These contracts bring the year-to-date totals to 41.2 million pounds of American-type and Swiss cheeses, 277,782 pounds of anhydrous milkfat, 4.2 million pounds of butter (82% milkfat), 4.3 million pounds of cream cheese and 37.8 million pounds of whole milk powder. The products are going to 26 countries in six regions and are the equivalent of 792.8 million pounds of milk on a milkfat basis.
Assisting CWT members through the Export Assistance program positively affects all U.S. dairy farmers and dairy cooperatives by strengthening and maintaining the value of dairy products that directly impact the milk price. It does this by helping member cooperatives gain and maintain world market share for U.S dairy products. As a result, the program has significantly expanded total demand for U.S. dairy products and U.S. farm milk.
The amounts of dairy products and related milk volumes reflect current contracts for delivery, not completed export volumes. CWT pays export assistance to the bidders only when export and delivery of the product is verified by required documentation.
All dairy farmers and dairy cooperatives should invest in CWT. Membership information is available on the CWT website, www.cwt.coop.