Weekly CWT Export Update

News Editorcwt, Export, Industry News

Cooperatives Working Together (CWT) has announced their updated export bids for the past week.

Two bids were accepted from California Dairies Inc. of Artesia, Calif., for the following butter exports: 100 metric tons (220,462 pounds) to Mexico, and 10 metric tons (22,046 lbs.) to China.

One bid was accepted from Darigold of Seattle, Wash., for a butter export of 100 metric tons (220,462 lbs.) 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 lbs.) 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 lbs.) of Parmesan 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, 18,386 metric tons (40.5 million lbs.); cheese, 1,434 metric tons (3.2 million lbs.); whole milk powder, 1,148 metric tons (2.5 million lbs.); and anhydrous milkfat, 5,603 metric tons (12.3 million lbs.). 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.