ARLINGTON, VA - Cooperatives Working Together (CWT) accepted eight requests for export assistance from Dairy Farmers of America to sell a total of 294 metric tons (648,371 pounds) of Cheddar cheese to customers in the Middle East, North Africa, Asia and Central America. The product will be delivered July through November.
In 2011, CWT has assisted members in making export sales of Cheddar, Monterey Jack and Gouda cheese totaling 22,318 metric tons (49.2 million pounds) to 20 countries on four continents.
Assisting CWT members through the Export Assistance program positively impacts producer milk prices in the short-term by reducing inventories that overhang the market and depress cheese prices. In the long-term, CWT’s Export Assistance program helps 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.
CWT assists with 294 metric tons of cheese export sales
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In 2010 the US exported 382.6 million lbs of cheese (173,593 metric tonnes) and CWT will help from July to November to export 294 metric tonnes of it, or for each 6000 lbs. exported, 10 lbs. was assisted by CWT. Are we supposed to be impressed? Is news in the dairy industry so deficient that THIS is called newsworthy? CWT takes from the dairy farmer's pocket to subsidize cheese to our customers, sending a signal to produce more to take its place; really brilliant economics!! Is this the best NMPF can do? No, if FftF was in place right now, with mandatory quotas that would be robbing us of about $1.20/cwt. or more, and sending the signal to other countries that the US is cutting production 6%, so they should ramp up, that is even MORE brilliant. It is time to wake up and jump the NMPF ship right now, it is sinking fast!
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