Cooperatives Working Together (cwt) has announced its updated export bids.
The sole bid was from Dairy Farmers of America of Kansas City, MO, for the export of 18 metric tons (39,683 lbs.) of anhydrous milkfat to Panama.
CWT will pay an export bonus to the bidder, only when delivery of the product is verified by the submission of the required documentation.
With this accepted bid, CWT’s total 2008 export obligations are: butter, 16,400 metric tons (36 million lbs.); cheese, 1,315 metric tons (2.9 million lbs.); whole milk powder, 170 metric tons (374,000 lbs.); and anhydrous milkfat, 4,674 metric tons (10.3 million lbs.). The milk equivalent total of these products is 1.11 billion pounds.