Cooperatives Working Together (CWT) accepted seven requests for export assistance from Darigold, Foremost Farms and Dairy Farmers of America to sell a total of 1.702 million pounds (772 metric tons) of Cheddar and Monterey Jack cheese to customers in North Africa, Europe, the Middle East and Asia. The product will be delivered January 2011 through March 2011.
Since CWT reactivated the Export Assistance program in March 18, 2010, it has assisted members in making export sales of Cheddar, Monterey Jack and Gouda cheese totaling 77.6 million pounds (35,183 metric tons) to 27 countries on four continents. In addition, sales of butter and anhydrous milkfat totaling 33 million pounds (14,968 metric tons) have been made to nine countries on three continents.
Assisting CWT members through the Export Assistance Program positively impacts producer milk prices in the short-term and in the long-term by helping member cooperatives to 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.
Source: Cooperatives Working Together