Weekly CWT Export Update

News Editorcwt, Industry News

Cooperatives Working Together (CWT) has announced their updated export bids for the past week.

Two of the bids accepted were from Land O’Lakes of Arden Hills, Minn.: 1800 metric tons
(3,968,321 lbs.) of butter to South Korea, and 36 metric tons (79,366 lbs.) of Cheddar cheese to
South Korea.

Three bids were accepted from California Dairies Inc., of Artesia, Calif.: 500 metric tons
(1,102,312 lbs.) of butter to Iran, 16.9 metric tons (37,258 lbs.) of butter to Honduras, and 400
metric tons (881,849 lbs.) of anhydrous milkfat to Mexico.

Four bids were accepted from Darigold of Seattle, WA, all for butter exports: 100 metric tons (220,462 lbs.) to Indonesia, 75 metric tons (165,347 lbs.) to Singapore, and two separate exports to Egypt in the amounts of 2000 (4,409,246 lbs.) and 1400 metric tons (3,086,472 lbs.).

Finally, eight bids were accepted from Dairy Farmers of America (DFA) of Kansas City, Mo. Five
bids were for the following exports of anhydrous milkfat: 3175 metric tons (6,999,678 lbs.) to
Mexico, another 900 metric tons (1,984,161 lbs.) to Mexico, and another 18 metric tons
(39,683 lbs.) to Mexico; 18 metric tons (39,683 lbs.) to Haiti; and 18 metric tons (39,683 lbs.)
to Jamaica.

Three bids from DFA were accepted for exports of whole milk powder, including 80 metric
tons (176,370 lbs.) to Haiti, 40 metric tons (88,185 lbs.) to Trinidad, and 20 metric tons (44,092
lbs.) to Panama.

With these accepted bids, CWT’s total 2008 export obligations are: butter, 24,335 metric tons
(53.6 million lbs.); cheese, 1,285 metric tons (2.8 million lbs.); whole milk powder, 1,788
metric tons (3.9 million lbs.); and anhydrous milkfat, 10,441 metric tons (23 million lbs.). The
milk equivalent total of these products is 1.9 billion pounds.