By using this website, you consent to our use of cookies. For more information on cookies see our privacy policy page.

Text Size: a a
Home A-Z Index Subscribe/RSS Contact Us Twitter logo small white bird

Coughlan welcomes increase in export refunds for butter

The Minister for Agriculture and Food, Mary Coughlan T.D., has welcomed the increase in the common export refund rates for butter agreed at this weeks Milk Management Committee meeting which involved an increase in refund from €94.50/100kgs to €96.50/100kgs. This follows an increase of 1.6% in February when common export refunds were increased from €93/100kgs to €94.50/100kgs.

Minister Coughlan said she was very pleased that the EU Commission had responded to developments in the international dairy market by increasing refunds for butter, an important product to Ireland. She had made her views clear to the Commission that there was a need to maintain the competitive position of EU traders on Third Country markets. This decision was recognition of this. The refund increases, which apply immediately, will be a welcome boost for Irish dairy exports.

This positive development will assist with stabilising markets and ensure that the Irish dairy industry continues to trade successfully on international dairy markets.

3 March, 2006

Date Released: 03 March 2006