Here’s the latest announcement from Cooperatives Working Together:
CWT announced today (Monday) that it accepted six export assistance bids last week for the sale of cheese, butter and anhydrous milkfat.
The first bid was from Dairy Farmers of America for the export of 500 Mt (1.1 million lbs) of anhydrous milkfat to Algeria.
The second bid was from Darigold for the export of 200 Mt (440,000 lbs) of butter to the Netherlands.
The other four bids were from Land O’Lakes for the export of small amounts of retail-packaged dairy products. These include 6.4 Mt (14,080 lbs) of cheese and 0.3 Mt (660 lbs) of butter to China; and 3.5 Mt (7,700 lbs) of cheese, and 0.4 Mt (880 lbs) of butter to South Korea.
These accepted bids increase CWT’s total 2007 export obligations for cheese to 5,279 MT (11.6 million lbs); its YTD export obligations for butter to 5,314 MT (11.7 million lbs); and its YTD anhydrous milkfat exports to 2,180 MT (4.8 million lbs).