Here’s the latest announcement from Cooperatives Working Together:
CWT announced today that it accepted nine export assistance bids last week for the sale of butter and cheese. One bid was from Dairy Farmers of America to export 57 MT (125,400 lbs) of cheddar cheese to South Korea.
The other eight bids were from Land O’Lakes: 7 MT (15,400 lbs) of retail-packaged cheese to the United Arab Emirates; 3 tons (2,200 lbs) of retail cheese to Bahrain; 6 tons (13,200 lbs) of retail cheese, and 0.16 tons (352 lbs) of retail butter to the Philippines; 6 tons (13,200 lbs) of retail-packaged cheese, and 0.12 tons (264 lbs) of retail butter to China; and 4 tons (8,800 lbs) of retail-packaged cheese and 0.4 tons (880 lbs) of retail butter to South Korea.
These accepted bids increase CWT’s total 2007 export obligations for cheese to 5,128 Mt (11.3 million lbs); its YTD export obligations for butter to 4,572 Mt (10.1 million lbs) and its YTD anhydrous milkfat exports to 1,642 tons (3.6 million lbs).