Cooperatives Working Together announced this week that it accepted an export assistance bid last week for the sale of butter to Taiwan.

The bid was from Michigan Milk Producers Association of Novi, Mich., for the export of 11,905 pounds of consumer-size butter pats to Taiwan.    

CWT pays an export bonus to the successful bidders only when delivery of the product is verified by the submission of the required documentation.

This accepted bid increases CWT’s total 2007 export obligations for cheese to 12.6 million pounds (5,713 metric tons), its year-to-date anhydrous milkfat exports to 9.6 million pounds (4,386 metric tons), and its year-to-date export obligations for butter to 24.1 million pounds (10,975 metric tons).

Through CWT’s Export Assistance program, transactions occur as overseas buyers are found for the products, and as CWT’s members bid to be compensated for selling cheese, butter, anhydrous milk fat and whole milk powder to those importers. CWT’s export assistance program has helped export dairy products to 51 countries on four continents.

For more information, go to: www.cwt.coop

Source: Cooperatives Working Together