Source: Cooperatives Working Together
Cooperatives Working Together (CWT) has accepted 6 requests for export assistance from Dairy Farmers of America (DFA), and Northwest Dairy Association (Darigold) to sell 546,747 pounds (248 metric tons) of Cheddar and Gouda cheese, 49,604 pounds of butter (82% milkfat) and 4.676 million pounds (2,121 metric tons) of whole milk powder to customers in Asia, Central America and the Middle East. The product will be delivered October 2014 through March 2015.
Year-to-date, CWT has assisted member cooperatives in selling 86.190 million pounds of cheese, 48.240 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 2.157 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.