U.S. DAIRY PRODUCTS ARE MOVING OUTThursday, Mar 6, 2003
(March 4, 2003) U.S. dairy products are flowing to the export market this week under the Dairy Export Incentive Program (DEIP) and the just announced allocations of cheese and nonfat dry milk were promptly exhausted, not just for this third allocation, but for the remaining DEIP year, which runs July 1- June 30, 2003 . As of Tuesday, bid acceptances had been announced on 2.5 million pounds of cheese, 56.4 million pounds of powder, and 3.3 million pounds of butteroil and or anhydrous milkfat. 7.7 million pounds of the butter allocation remain.
Most of the powder went to the Caribbean, Central, and South America, as well as Asia and the former Soviet Union. The cheese went mainly to the Caribbean, Central, and South America, and the butterfat went to Asia and the former Soviet Union and the Caribbean, Central, and South America.