Cooperatives Working Together announced Monday that it has accepted four bids to facilitate the export of 1.375 million pounds (625 metric tons) of butter.

Those bids are as follows:

  • California Dairies of Artesia, Calif., to export 220,000 pounds (100 metric tons) to Russia.
  • California Dairies of Artesia, Calif., to export 165,000 pounds (75 metric tons) to Kuwait.
  • California Dairies of Artesia, Calif., to export 440,000 pounds (200 metric tons) to Turkey.
  • WestFarm Foods of Seattle, Wash., to export 550,000 pounds (250 metric tons) to Europe and Jordan.

CWT will pay export bonuses to the bidders, once completion of the butter shipments is verified. These are the first CWT-assisted exports destined for Russia and Kuwait.

These approved bids increase CWT’s total exports of butter in 2006 to 4.27 million pounds (1,941 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 and whole milk powder to those importers.

Cooperatives Working Together is being funded by dairy cooperatives and individual dairy farmers, who are contributing 5 cents per hundredweight assessment on their milk production through December 2006.  The money raised by CWT’s investment is being apportioned among several supply reduction programs to improve the national all milk price. For more on CWT’s activities, visit http://www.cwt.coop/.

Cooperatives Working Together