Source: Cooperatives Working Together
Cooperatives Working Together (CWT) accepted four requests for export assistance from Foremost Farms and Land O’Lakes to sell a total of 310 metric tons (0.683 million pounds) of Cheddar cheese to customers in Central America and the Middle East. The product will be delivered March through June.
In 2011, CWT has assisted members in making export sales of Cheddar, Monterey Jack, and Gouda cheese totaling 7,209 metric tons (15.9 million pounds) to 15 countries on three continents.
Assisting CWT members through the Export Assistance program positively impacts producer milk prices in the short-term and long-term by helping 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.