CWT Accepts Five More Export Assistance Bids

October 20, 2008 01:47 PM
 
Cooperatives Working Together (CWT) announced today that it accepted five export assistance bids last week for the sale of cheese, butter and whole milk powder.
           
Two bids were accepted from California Dairies Inc. of Artesia, Calif., for the following butter exports: 100 metric tons (220,462 lb.) to Mexico, and 10 metric tons (22,046 lb.) to China.
           
One bid was accepted from Darigold of Seattle, Wash., for a butter export of 100 metric tons (220,462 lb.) to Singapore.
           
A fourth bid was accepted from Dairy Farmers of America of Kansas City, Mo., for the export of 18 metric tons (39,683 lb.) of whole milk powder to the Dominican Republic.
           
And a fifth bid was accepted from Land O'Lakes of Arden Hills, Minn., for the export of 8.2 metric tons (18,078 lb.) of Parmesan cheese to South Korea.
           
With these accepted bids, CWT's total 2008 export obligations are: butter, 18,386 metric tons (40.5 million lb.); cheese, 1,434 metric tons (3.2 million lb.); whole milk powder, 1,148 metric tons (2.5 million lb.); and anhydrous milkfat, 5,603 metric tons (12.3 million lb.). The milk equivalent total of these products is 1.28 billion pounds. The total for butter has been adjusted due to adjustments in the amounts of previously-accepted bids.
           
CWT is funded by dairy cooperatives and individual dairy farmers, who are contributing 10¢/cwt. assessment on their milk production through December 2008. For more on CWT's activities, visit www.cwt.coop.
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