Here’s the latest announcement from Cooperatives Working Together:
Cooperatives Working Together announced today that it accepted five export assistance bids last week for the sale of butter.
Two of the bids were from Foremost Farms of Baraboo, WI: 1,370 metric tons (3,014,000 pounds) of butter to Iran, and 38 metric tons of butter (83,600 lbs.) to Japan.
The other three bids were from United Dairymen of Arizona of Tempe, AZ: two separate bids were accepted for butter exports to Morocco, one in the amount of 140 metric tons (308,000 lbs.), and another for 120 metric tons (264,000 lbs.). The last bid was for 70 metric tons (154,000 lbs.) of butter to Egypt.
CWT will pay an export bonus to the bidders, only when delivery of the product is verified by the submission of the required documentation.
With these accepted bids, CWT’s total 2008 export obligations are: whole milk powder, 170 metric tons (374,000 lbs.); butter, 2,029 metric tons (4,464,240 lbs.); cheese, 209 metric tons (459,800 pounds); and anhydrous milkfat, 210 metric tons (462,000).