ARLINGTON, VA – Cooperatives Working Together (CWT) has accepted 13 requests for export assistance from Dairy Farmers of America, Darigold, Land O’Lakes and United Dairymen of Arizona to sell 1.795 million pounds (813 metric tons) of Cheddar, Gouda and Monterey Jack cheese and 396,832 pounds (180 metric tons) of butter to customers in Asia and North Africa. The product will be delivered December 2012 through April 2013.
In 2012, CWT has assisted member cooperatives in making export sales of Cheddar, Monterey Jack and Gouda cheese totaling 124.953 million pounds, butter totaling 72.779 million pounds, AMF totaling 127,868 pounds and WMP totaling 171,961 pounds. The product is going to 36 countries on four continents. On a butterfat basis, the milk equivalent of these exports is 2.743 billion pounds, equal to 73 percent of the increased annual milk production through November 2012.
Assisting CWT members through the Export Assistance program positively impacts producer milk prices in the short-term by helping to maintain inventories of cheese and butter at desirable levels. 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.
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.