Cooperatives Working Together (CWT) accepted bids from four member organizations this week totaling 22.4 million pounds of cheese, butter, and anhydrous milk fat (AMF). Delivery will run from August through January.
CWT accepted one bid from Foremost Farms and three bids from Dairy Farmers of America for a total of 1,288 metric tons (2.84 million pounds) of Cheddar cheese to Europe, Africa, and South America. This product will be delivered in August through December 2010.
CWT also accepted one bid from Land O’Lakes, three bids from the Challenge Dairy Products subsidiary of California Dairies Inc., and six bids from Dairy Farmers of America for a total of 8,879 metric tons (19.6 million pounds) of butter and AMF to Europe, Central America, and the Middle East. Delivery will take place from August through January.
Since CWT reactivated the Export Assistance program in March 18, 2010, it has assisted members in making export sales of Cheddar, Monterey Jack, and Gouda cheese totaling 18,616 metric tons (41.0 million pounds) to 23 countries on four continents. In addition, sales of butter and AMF totaling 10,593 metric tons (23.4 million pounds) have been made to seven countries on three continents.
Assisting CWT members through the Export Assistance program positively impacts producer milk prices in the long-term by helping member cooperatives to gain and maintain market share thus expanding the demand for U.S. dairy products.
CWT will pay export bonuses to the bidders only when delivery of the product is verified by the submission of the required documentation.
Source: Cooperatives Working Together (CWT)