CWT Reaches 2 Billion Lb. in Milk Equivalent Exports

December 8, 2008 07:38 AM
 
Cooperatives Working Together (CWT) announced today that it accepted five export assistance bids last week for the sale of cheese, butter, anhydrous milkfat and whole milk powder. The total of these bids, combined with those from the previous 11 months, now equal the milk equivalent of two billion pounds of exports facilitated by CWT in 2008.
           
Two of the bids accepted were from Dairy Farmers of America of Kansas City, Mo. One was for 300 metric tons (661,387 lb.) of anhydrous milkfat to South Korea. The second was 20 metric tons (44,092 lb.) of whole milk powder to Honduras.
           
Two bids were accepted from Land O'Lakes of Arden Hills, Minn. One was for the export of 216 metric tons (476,199 lb.) of Cheddar and Monterey Jack cheese to South Korea. Another was for 36 metric tons (79,366 lb.) of butter to China.
           
And finally, the fifth bid was accepted from Upstate Niagara Cooperative of Buffalo, N.Y., for the export of 19 metric tons (41,888 lb.) of butter to Syria. This is the first bid CWT has accepted from Upstate Niagara.
           
With these accepted bids, CWT's total 2008 export obligations are: butter, 25,554 metric tons (56 million pounds); cheese, 1,501 metric tons (3.3 million pounds); whole milk powder, 748 metric tons (1.6 million pounds); and anhydrous milkfat, 10,993 metric tons (24 million pounds). The milk equivalent total of these products is 2 billion pounds.
 
For more on CWT's activities, visit www.cwt.coop.

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