Cooperatives Working Together announced on Monday that it accepted ten export assistance bids last week for the sale of cheese, butter and anhydrous milkfat. Bid details are listed below.

The first six bids were from Dairy Farmers of America, Kansas City, Mo.  Those bids are as follows:

  • 569,800 pounds (259 metric tons) of Cheddar cheese to the Netherlands.
  • Three bids each for 41,800 pounds (19 metric tons) of Cheddar cheese to South Korea.
  • Two bids each for 237,600 pounds (108 metric tons) of anhydrous milkfat, one destined for the Netherlands, the other for Panama.

The rest of the bids are as follows:

  • Darigold, Seattle, Wash., for 550,000 pounds (250 metric tons) of Cheddar cheese to the Netherlands.
  • Darigold, Seattle, Wash., for 550,000 pounds (250 metric tons) of butter to Belgium. This is the first ever CWT export to that country.
  • Land O’Lakes, Arden Hills, Minn., for 367,400 pounds (167 metric) tons of butter to Kyrgyzstan.
  • Foremost Farms, Baraboo, Wisc., for 79,200 pounds (36 metric tons) of butter to the Netherlands.

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

These accepted bids increase CWT’s total 2007 export obligations for cheese to 7.9 million pounds (3,593 metric tons), its YTD anhydrous milkfat exports to 1.9 million pounds (873 tons), and its YTD export obligations for butter to 5.6 million pounds (2,539 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