CWT helps sell another 2.7 million pounds of cheese for export
May 14, 2010 - - Cooperatives Working Together (CWT) has accepted four bids
from Dairy Farmers of America for export assistance for a total of 1,219 metric
tons (2.7 million pounds) of cheddar cheese and Monterey Jack to the Middle East
and Asia. The product will be delivered in June and July 2010. Since CWT
reactivated the Export Assistance program on March 18, 2010, it has assisted
members in making export sales of cheddar cheese totaling 9,219 metric tons
(21.7 million pounds) to 15 countries on four continents. The Export Assistance
program was reactivated when economic analysis indicated that sizeable cheddar
cheese inventories overhanging the market are hampering a recovery in producer
milk prices. Assisting CWT members in exporting cheddar cheese will provide the
most immediate way to positively improve producer milk prices.