CWT Accepts Ten More Export Bids

News Editorcwt, Industry News

Here’s the latest announcement from Cooperatives Working Together:

Cooperatives Working Together announced today that it accepted ten export assistance bids last week for the sale of butter, anhydrous milkfat and cheese.

The bid for cheese was from Foremost Farms of Baraboo, WI, for 190 metric tons (418,000 pounds) of Cheddar cheese to the Netherlands.

A bid for butter from Darigold of Seattle, WA, was accepted in the amount of 48 metric tons (105,600 lbs.) for export to Japan.

The bid for anhydrous milkfat was from Dairy Farmers of America of Kansas City, MO, for 60 metric tons (132,000 lbs.) of AMF for export to Mexico.

Seven bids were accepted from United Dairymen of Arizona of Tempe, AZ, for butter: three separate bids for exports of 93.5 metric tons (205,700 lbs.) to Egypt; one bid for 93.5 metric tons (205,700 lbs.) for Morocco; 54 metric tons (118,800 lbs.) destined for Singapore; and two bids in identical quantities of 46.75 metric tons (102,850 lbs.) for export to Libya and Poland.

The sale to Libya is a new market for CWT-assisted bids. 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, 2,599 metric tons (5.7 million lbs.); cheese, 399 metric tons (877,800 pounds); and anhydrous milkfat, 270 metric tons (594,000).