Cooperatives Working Together accepted two export assistance bids last week for the sale of cheese. Both bids were from Land O’Lakes, Arden Hills, Minn. Bid details are as follows:

  • 7,480 pounds (3.4 metric tons) of retail-packaged cheese to Qatar.
  • 7,480 pounds (3.4 metric tons) of retail-packaged cheese to Saudi Arabia.

CWT will pay an export bonus to the bidder, once completion of the cheese shipments is verified.

These bids bring CWT’s total 2007 export obligations for cheese up to 11.3 million pounds (5,135 metric tons). YTD total exports for other products include: anhydrous milkfat, 3.6 million pounds (1,643 tons); butter, 10.1 million pounds (4,572 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.

Cooperatives Working Together is being funded by dairy cooperatives and individual dairy farmers, who are contributing 10 cents per hundredweight assessment on their milk production through December 2007. 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 www.cwt.coop.

Cooperatives Working Together