Cooperatives Working Together (CWT) accepted a request from Darigold for assistance in selling 115 MT (253,532 pounds) of American cheese to a customer in Asia. The product will be delivered in September and October 2010.
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 19,962 metric tons (44.0 million pounds) to 23 countries on four continents. In addition, sales of butter and anhydrous milkfat totaling 15,018 metric tons (33.1 million pounds) 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