Cooperatives Working Together (CWT) has announced their updated export bids for the past week.
All four bids were accepted from Dairy Farmers of America of Kansas City, Mo. One was for
the export of 72 metric tons (158,733 lbs.) of butter to Mexico. Another was for 60 metric tons
(132,277 lbs.) of whole milk powder to Mexico. And two bids were accepted for exports of
anhydrous milkfat: 126 metric tons (277,782 lbs.) to Panama and 108 metric tons (238,099 lbs.)
to Mexico.
CWT will pay an export bonus to the bidders, only when delivery of the product is verified by
the submission of the required documentation. In addition, a previously-accepted bid for 900
metric tons (1.98 million lbs.) of whole milk powder was cancelled.
With these accepted bids, CWT’s total 2008 export obligations are: butter, 25,499 metric tons
(56.2 million lbs.); cheese, 1,285 metric tons (2.8 million lbs.); whole milk powder, 748 metric
tons (1.6 million lbs.); and anhydrous milkfat, 10,711 metric tons (23.6 million lbs.). The milk
equivalent total of these products is 1.96 billion pounds.