|ARLINGTON, VA – Cooperatives Working Together (CWT) member cooperatives accepted 26 offers of export assistance from CWT that helped them capture sales contracts for 3.3 million pounds (1,486 MT) of American-type cheese and 291,000 pounds (132 MT) of cream cheese. The product is going to customers in Asia, Middle East-North Africa, and Oceania, and will be delivered from March through September 2022. |
CWT-assisted member cooperative year-to-date export sales total 36 million pounds of American-type cheeses, 14.5 million pounds of whole milk powder, and 3.4 million pounds of cream cheese. The products are going to 17 countries in five regions. These sales are the equivalent of 464 million pounds of milk on a milkfat basis. Over the last 12 months, CWT-assisted sales are the equivalent of 1.396 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 are verified by 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.|