Farms.com Home   News

November Cwt-Assisted Dairy Export Sales Totaled 18.6 Million Pounds

CWT member cooperatives secured 52 contracts in November, adding 6.2 million pounds of American-type cheeses, 348,000 pounds of whole milk powder and 1.2 million pounds of cream cheese to CWT-assisted sales in 2022. In milk equivalent, this is equal to 69 million pounds of milk on a milkfat basis. These products will go to customers in Asia, Central America, the Caribbean, Middle East-North Africa, Oceania and South America, and will be shipped from November through May 2023.

CWT-assisted 2022 dairy product sales contracts year-to-date total 92.1 million pounds of American-type cheese, 657,000 pounds of butter, 8.8 million pounds of cream cheese and 30.7 million pounds of whole milk powder. This brings the total milk equivalent for the year to 1.157 billion pounds on a milkfat basis.

Exporting dairy products is critical to the viability of dairy farmers and their cooperatives across the country. Whether or not a cooperative is actively engaged in exporting cheese, butter, anhydrous milkfat, cream cheese, or whole milk powder, moving products into world markets is essential. CWT provides a means to move domestic dairy products to overseas markets by helping to overcome U.S. dairy’s trade disadvantages.

Click here to see more...

Trending Video

14 Days until The TrumpXi Meeting! Phase 2 Trade deal Bullish AG

Video: 14 Days until The TrumpXi Meeting! Phase 2 Trade deal Bullish AG

The countdown to the Trump/Xi meeting in Beijing is on- it happens in mid-May & Trump says trip to China will be “great”!

New technical breakout in KC wheat and canola futures.

May weather forecast remains cool/wet for U.S. east but dry out west.

S&P 500 surged +14% in April to new record highs!

Funds now worried about a prolonged war with Iran and higher fertilizer/diesel prices for longer impacting global grain production.

UAE leaving OPEC on May 1 while OPEC + looking to increase output again.

U.S. farm bill passes after 5 long years! E15 + top winners and losers in April CFTC and more.