CWT Weekly Update

News Editorcwt

Cooperatives Working Together (CWT) weekly export update.

CWT announced that it accepted eight export assistance bids last week for the sale of butter, cheese and anhydrous milkfat.

Three of the bids were from Dairy Farmers of America of Kansas City, MO, for the export of anhydrous milkfat to Mexico in the following amounts: 436 metric tons (959,200 pounds), 200 metric tons (440,000 lbs.), and 36 metric tons (79,200 lbs.).

Two of the bids were from United Dairymen of Arizona of Tempe, AZ, for the following butter exports: 54 metric tons (118,800 lbs.) to Singapore, and 24 metric tons (52,800 lbs.) to Morocco.

One bid was accepted from Darigold of Seattle, WA, for the export of 500 metric tons (1.1 million lbs.) of butter to Egypt.

One bid was accepted from Land O’Lakes of Arden Hills, MN, for the export of 110 metric tons (242,000 lbs.) of butter to Hong Kong.

And finally, a bid was accepted from Foremost Farms of Baraboo, WI, for the export of 185 metric tons (407,000 lbs.) of Mozzarella cheese to South Korea. 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: butter, 14,480 metric tons (31.9 million lbs.); cheese, 926 metric tons (2 million lbs.); whole milk powder, 170 metric tons (374,000 lbs.); and anhydrous milkfat, 1,266 metric tons (2.8 million lbs.).