News and Press

CWT Assists with 8.9 Million Pounds of Dairy Product Export Sales

ARLINGTON, VA – Cooperatives Working Together (CWT) member cooperatives accepted ten offers of export assistance from CWT that helped them capture sales contracts for 152,119 pounds (69 metric tons) of Cheddar and Gouda cheese, and 956,806 pounds (434 metric tons) of butter, 7.804 million pounds (3,540 metric tons) of whole milk powder and 37,479 pounds (17 metric tons) of cream cheese. The product is going to customers in Asia, the Middle East, North Africa, Oceania, and South America. It will be delivered from October 2020 through March 2021.

CWT-assisted member cooperative export sales contracts for 2020 total 26.458 million pounds of American-type cheeses, 9.401 million pounds of butter (82% milkfat), 1.982 million pounds of anhydrous milkfat, 5.898 million pounds of cream cheese, and 42.840 million pounds of whole milk powder. The product is going to 29 countries in seven regions. These sales are the equivalent of 868.7 million pounds of milk on a milkfat basis.

Assisting CWT members in moving dairy products overseas through the Export Assistance program is critical during the challenging times U.S. dairy farmers and cooperatives are facing. The Export Assistance program helps to strengthen and maintain the value of dairy products that directly impact producers’ milk price. The program is helping member cooperatives grow and maintain world market share for U.S dairy products and is a significant factor in maintaining the total demand for U.S. dairy products and the demand for U.S. farm milk.

Dairy product and related milk volume amounts reflect current contracts for delivery, not completed export volumes. CWT pays export assistance to 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.

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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.