Source: Cooperatives Working Together
Cooperatives Working Together (CWT) has accepted 9 requests for export assistance from Dairy Farmers of America (DFA), and Tillamook County Creamery Association to sell 3.252 million pounds (1,450 metric tons) of butter (82% milkfat) and 55,116 pounds (25 metric tons) of Cheddar cheese to customers in Europe, the Middle East and North Africa. The product will be delivered December 2014 through April 2015.
Year-to-date, CWT has assisted member cooperatives in selling 86.677 million pounds of cheese, 51.426 million pounds of butter and 37.847 million pounds of whole milk powder to 43 countries on six continents. These sales are the equivalent of 2.234 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.