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Export Assistance Watch: CWT facilitates sales of 16 million pounds of dairy product exports in third quarter

Published on 06 November 2017

Since January 1, CWT has assisted in selling the equivalent of 606.6 million pounds of milk on a milk-fat basis.
This is equivalent to the annual milk production from 26,634 dairy cows.

Product destinations

 

The growth of milk production worldwide during the past two years has increased competition for markets in Asia, the Middle East and North Africa, where U.S. dairy exporters are battling their counterparts from the European Union and New Zealand.

By moving significant quantities of cheese and butter to overseas customers, CWT is helping to maintain America’s share of growing world dairy markets, benefiting all dairy farmers in all regions of the country.

Product destinations

CWT export assistance focus maximizes its impact

CWT’s focus is on dairy products that most directly impact producers’ milk checks: American-type cheeses and butter containing 82 percent butterfat. In the third quarter of 2017, CWT member cooperatives secured contracts to sell 14.7 million pounds of cheddar, Gouda and Monterey Jack cheese, and 1.3 million pounds of butter.

Since Jan. 1, 2017, CWT export assistance has helped member cooperatives capture contracts to sell a total of 55.148 million pounds of American-type cheeses and 4.335 million pounds of butter to 21 countries on five continents. These sales are the equivalent of 606.558 million pounds of milk on a milkfat basis. All of this product is scheduled to be delivered in 2017.

 

Percentage of product sales assisted first nine months 2017

Percentage of product sales assisted first nine months 2017

Cooperatives Working Together (CWT) provided the content on this page. CWT was designed by America’s dairy farmers to benefit all U.S. dairy farmers. It is a voluntary, producer-funded program developed by National Milk Producers Federation (NMPF) to strengthen and stabilize producer prices. Participating producers contribute four cents per hundredweight of milk produced to fund the program. For membership information go to Cooperatives Working Together (CWT)

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