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While butter price has strengthened recently, there is considerable uncertainty on the potential impact of tariffs in the coming months, according to Tirlán chair John Murphy.
The base price has been reduced by 0.95c/l, excluding VAT, from last month. However, the cross-border co-op is offering a 1.9c/l, excluding VAT, early calving bonus also.
Delayed calvings this spring – which are generally running a week to 10 days back on normal – has fed into the drop in milk supplies over the last two years.