CWT Export Assistance Bids

Chuck ZimmermanDairy Group, Export, International

Cooperatives Working TogetherHere’s the latest announcement from Cooperatives Working Together:

Cooperatives Working Together announced today that it accepted two export assistance bids last week for the sale of whole milk power.

The bids were from Humboldt Creamery of Fortuna, CA, for the export of 250 metric tons (550,000 pounds) of whole milk powder to the Bangladesh, and another 60 tons (132,000 lbs.) to Mexico. This is the first CWT-facilitated export of to Bangladesh.

CWT will pay an export bonus to the bidder, only when delivery of the product is verified by the submission of the required documentation.

This accepted bid increases CWT’s total 2007 export obligations for cheese to 5,595 metric tons (12.3 million lbs.), its YTD anhydrous milkfat export obligations to 4,385 tons (9.6 million lbs.), its YTD export obligations for butter to 10,975 metric tons (24.1 million lbs.), and its YTD export obligations for whole milk powder to 560 metric tons (1.23 million lbs.).