CWT Export Assistance Bids

Chuck ZimmermanDairy Group, Export

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 powder.

The first bid was from Humboldt Creamery of Fortuna, CA, for the export of 2,000 metric tons (4.4 million pounds) of whole milk powder to Venezuela. The second bid was from Dairy Farmers of America of Kansas City, MO, for the export of 20 metric tons (44,000 lbs.) to El Salvador.

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

These accepted bids increases CWT’s total 2007 export obligations for whole milk powder to 2,880 metric tons (6.34 million lbs.). In addition, CWT’s YTD export obligations for cheese are 5,595 metric tons (12.3 million lbs.), its YTD anhydrous milkfat export obligations to 4,385 tons (9.6 million lbs.), and its YTD export obligations for butter to 10,975 metric tons (24.1 million lbs.).