News and Press

CWT Assists with 8.5 Million Pounds of Dairy Product Export Sales

ARLINGTON, VA – ARLINGTON, VA – Cooperatives Working Together (CWT) member cooperatives accepted 43 offers of export assistance from CWT that helped them capture sales contracts for 5.4 million pounds (2,437 MT) of American-type cheese, 2.0 million pounds (903 MT) of butter and 1.1 million pounds (499 MT) of whole milk powder. The product is going to customers in Africa, Asia, Middle East-North Africa and South America, and will be delivered from December through May 2021.
 
CWT-assisted member cooperative year-to-date export sales total 49.9 million pounds of American-type cheeses, 15.9 million pounds of butter (82% milkfat), 6.1 million pounds of anhydrous milkfat, 45.1 million pounds of whole milk powder, and 11.5 million pounds of cream cheese. The products are going to 28 countries in seven regions. These sales are the equivalent of 1.404 billion 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 their 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 the total demand for U.S. dairy products and the demand for U.S. farm milk that produces those products.
 
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 the export and delivery of the product is verified by 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.