Ireland-Dairy farmers subsidy.

IRELAND

NEW SUBSIDIES FOR DAIRY FARMERS.

Minister of Agriculture Smith said that Ireland has been pressing for these measures and they would improve the competitive position of EU and Irish products on the world market.

The Minister had made clear to the Commissioner in November, and again at this weeks Agriculture Council that the introduction of a range of supports would help to restore confidence and put a floor under market prices.

The opportunity is now available for the sector to shift product into international markets with the support of export refunds.

The Commission accepted tenders for butter at a maximum refund level of €50 per 100kg and the common refund rate for butter was set at €45/100kg. For skimmed milk powder the maximum tender refund rate is €20/100kg and the common refund rate was set at €17/100kg. The common refunds for cheese and whole milk powder respectively are €22/100kg and €26/100kg.