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USDA ANNOUNCES SECOND DEIP ALLOCATION FOR 2003/04

WASHINGTON, Dec. 24, 2003 – The U.S. Department of Agriculture today announced the second allocation under the Dairy Export Incentive Program (DEIP) for the July-June 2003/04 year.

This second allocation makes available an additional 45,468 metric tons of nonfat dry milk and 2,020 metric tons of cheese. To date, USDA has allocated the maximum WTO allowable quantities for nonfat dry milk and various cheeses under this year’s DEIP – 68,201 tons and 3,030 tons, respectively. The WTO maximum allocation for butterfat is 21,097 metric tons, of which the Department has already announced 7,032 tons.

Invitations for the nonfat dry milk and cheese will be issued the week of Jan. 5, 2004. Quantities may be limited by the Invitations for Offers. Individual product/country allocations will be specified in the applicable invitation.

Export sales of these products will be facilitated through the payment of bonuses by USDA’s Commodity Credit Corporation. Sales of nonfat dry milk, butterfat and eligible cheeses will be made through normal commercial channels at competitive world prices.

Information about the DEIP, including Invitations for Offers when issued, is available on the Internet at http://www.fas.usda.gov/excredits/deip.html or by calling the Operations Division, Export Credits, FAS, at (202) 720-3224 or (202) 720-6211.

FAS news releases are available on the Internet at http://www.fas.usda.gov. For additional information about Web access, contact FAS Public Affairs Division at (202) 720-7115.

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PR 0327-03



 
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