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CWT Assists with 7.9 Million Pounds of Cheese Export Sales

August 2, 2011
 
 

Source: Cooperatives Working Together

 
Cooperatives Working Together (CWT) accepted eight requests for export assistance in the last two weeks from Bongards Creamery and Dairy Farmers of America to sell a total of 3,580 metric tons (7.893 million pounds) of Cheddar cheese to customers in the Asia, the Middle East, Central America, Europe and the South Pacific. The product will be delivered August through December.
 
In 2011, CWT has assisted members in making export sales of Cheddar, Monterey Jack and Gouda cheese totaling 26,136 metric tons (57.6 million pounds) to 20 countries on four continents. An earlier accepted bid for 500 metric tons was cancelled.
 
Assisting CWT members through the Export Assistance program positively impacts producer milk prices in the short-term by reducing inventories that overhang the market and depress cheese prices. 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.
 
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.
 

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COMMENTS (2 Comments)

Calvin D. Paulson - Harrisonburg, VA
Hope the CWT bashers ( the 30% who refuse to contribute) realize the extra income in every milk check, as a result of the cheese sales just approved! The best time to make these sales has arrived, ahead of supply issues. For those who have contributed, you have knowledge that the program is doing the right thing at the right time! Those who don't, do the math in shame. Kudos Rick!
9:07 AM Aug 6th
 
Calvin D. Paulson - Harrisonburg, VA
Hope the CWT bashers ( the 30% who refuse to contribute) realize the extra income in every milk check, as a result of the cheese sales just approved! The best time to make these sales has arrived, ahead of supply issues. For those who have contributed, you have knowledge that the program is doing the right thing at the right time! Those who don't, do the math in shame. Kudos Rick!
9:07 AM Aug 6th
 



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