Source: Cooperatives Working Together
Cooperatives Working Together (CWT) has accepted 18 requests for export assistance from Dairy Farmers of America, Northwest Dairy Association (Darigold), Michigan Milk Producers Association and Tillamook County Creamery Association to sell 4.985 million pounds (2,261 metric tons) of Cheddar and Gouda cheese, 2.866 million pounds (1,300 metric tons) of butter (82% milkfat) and 17.730 million pounds (8,042 metric tons) of whole milk powder to customers in Asia, the Middle East, North Africa and South America. The product will be delivered November 2014 through May 2015.
Year-to-date, CWT has assisted member cooperatives in selling 97.616 million pounds of cheese, 56.287 million pounds of butter and 55.623 million pounds of whole milk powder to 45 countries on six continents. These sales are the equivalent of 2.573 billion pounds of milk on a milkfat basis.
Assisting CWT members through the Export Assistance program, in the long-term, helps member cooperatives gain and maintain market share, thus expanding the demand for U.S. dairy products and the U.S. farm milk that produces them in the rapidly growing world dairy markets. This, in turn, positively impacts U.S. dairy farmers by strengthening and maintaining the value of dairy products that directly impact their milk price.
CWT will pay export assistance 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.