What happens when CWT decides to initiate a Herd Retirement?
When analysis of the benchmarks indicates that CWT should act, CWT management announces broadly in the media that a Herd Retirement will take place. The announcement, along with bid forms and program rules are made available on the CWT website, www.cwt.coop; are e-mailed or directly mailed to participating cooperatives and to individual producer members. CWT announces the deadline by which producers must submit their bids. Bids are only accepted from producers who are members of a cooperative fully participating in CWT, or who enrolled individually as CWT members effective January 2009.
When analysis of the benchmarks indicates that CWT should act, CWT management announces broadly in the media that a Herd Retirement will take place. The announcement, along with bid forms and program rules, are made available on the CWT website and are also e-mailed or directly mailed to participating cooperatives and to individual producer members. CWT announces the deadline by which producers must submit their bids. Bids are only accepted from producers who are members of a cooperative fully participating in CWT, or who enrolled individually as CWT members effective January 2009.
Related Questions
- What happens if a bred heifer calves before the CWT farm auditor gets to the dairy whose Herd Retirement Bid including the bred heifer option was accepted?
- What if a producer decides to withdraw his Bred Heifer offer after his Herd Retirement bid and Bred Heifer offer are accepted by CWT?
- What happens when CWT decides to initiate a Herd Retirement?
