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Processors and traders moved 3.24 billion lbs. of total milk solids into export channels last year, 7% more than 2010, and 49% more than 2009.
2009 underscored the fact that a minimum Current Ratio is not sufficient for most businesses to continue to pay current obligations,
U.S. dairy exports are up 30% to $4.8 billion. Even December export values were up 23% over a year ago, and fourth-quarter sales were up 28%.
CWT has accepted 36 requests for export assistance from Bongards, Dairy Farmers of America, Darigold, Maryland & Virginia Milk Producers Cooperative, Michigan Milk Producers Association, Upstate-Niagara subsidiary O-AT-KA and United Dairymen of Arizona.
The needed level of cash flow depends on levels of income generated, expense incurred and whether or not the farm manager can sleep at night.