Combined with the 24.9 million pounds of cheese and butter sold with CWT export assistance in the first quarter of 2017, CWT members will be sending the milkfat equivalent of more than 450 million pounds of milk into key overseas markets.
This is equivalent to the annual milk production from more than 19,760 U.S. dairy cows.
Product destinations
90-plus percent of cheese exports in Q2 assisted
CWT export assistance’s focus maximizes its impact
CWT’s current export assistance focuses on dairy products that most directly impact producers’ milk checks: American-type cheeses and butter containing 82 percent butterfat.
In the second quarter of 2017, CWT member cooperatives secured contracts to sell 18.3 million pounds of Cheddar, Gouda and Monterey Jack cheese, and 1.6 million pounds of butter. All these products will be delivered in the first nine months of 2017.
“In what is continuing to be a financially challenging year, it is up to milk producers to help themselves by investing in CWT,” says CWT’s Chief Operating Officer Jim Tillison.
Product destinations
During the first six months of 2017, 3 million pounds of butter are contracted for sale in countries in four regions – Asia, Europe, the Middle East and North Africa.
The American-type cheese sales will go to customers on five continents. Asia is the destination for 80 percent of the contracted sales. Oceania will receive approximately 11 percent of the sales, followed by the Middle East, Central America and North Africa.
Percentage of product sales assisted first half 2017
Cheese 93%
18.3 million pounds
Butter 7%
1.6 million pounds
Sales as a percentage of total U.S. exports within each product category
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 Cooperative Working Together.
