Cooperatives Working Together announced that it accepted six export assistance bids last week for the sale of cheese, butter, and anhydrous milkfat. Bid details are as follows:

  • Dairy Farmers of America, Kansas City, Mo., for the export of 1.1 million pounds (500 metric tons) of anhydrous milkfat to Algeria.
  • Darigold, Seattle, Wash., for the export of 440,000 pounds (200 metric tons) of butter to the Netherlands.

The other four bids were from Land O’Lakes, Arden Hills, Minn. Those bids are as follows:

  • 14,080 pounds (6.4 metric tons) of retail-packaged cheese and 660 pounds (0.3 netric tons) of retail-packaged butter to China.
  • 7,700 pounds (3.5 metric tons) of retail-packaged cheese, and 880 pounds (0.4 metric tons) of retail-packaged butter to South Korea.

CWT will pay an export bonus to the bidders, once completion of the cheese, butter and milkfat shipments is verified.

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 funded by dairy cooperatives and individual dairy farmers, who contribute a 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

Cooperative Working Together