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CWT boosts dairy exports globally

Nov 06, 2024
By Farms.com

89 contracts add 11.2 million pounds of U.S. dairy exports

In October 2024, Cooperatives Working Together (CWT) member cooperatives secured 89 export contracts, adding 11.2 million pounds of dairy products to international sales in 2024. This volume translates to 100.9 million pounds of milk on a milkfat basis.

The dairy products under these contracts will reach diverse destinations, including Asia, Oceania, the Middle East-North Africa, Europe, Central America, the Caribbean, and South America, with shipments scheduled from October 2024 through June 2025.

The U.S. dairy industry relies on exports to sustain the financial stability of farmers and cooperatives. Whether selling cheese, butter, anhydrous milkfat, cream cheese, or whole milk powder, export markets play an essential role in keeping the dairy sector viable.

CWT helps U.S. dairy cooperatives enter global markets, working to reduce trade disadvantages that the domestic dairy industry faces.

These export volumes reflect current contracts and projected deliveries rather than completed shipments. CWT provides financial support to bidders only when the export and delivery of the product is verified through documentation.

This assistance program allows U.S. dairy products to compete in international markets, enhancing the stability of dairy cooperatives across the country.

 


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