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Farming chief: The euro makes our competitors cheaper

Jonathan Moore, a farmer and dairy chairman of Ulster Farmers' Union, said that it was "very difficult" to know how the scrapping of milk quotas will work out for Northern Ireland's dairy farmers.

The Larne farmer, who has over 200 cattle, said: "The removal of milk quotas is going to change the marketplace sooner or later, but it remains to be seen how that's going to happen. It will probably increase volatility as there is more milk to sell. Quotas did not stop volatility over the last couple of years, but their removal won't help it."

And he said that with the Republic and the rest of Europe all ready to expand their production, there would be a fight to find new markets.

"We need to be growing in our existing markets and expand in new markets. The euro really makes all our competitors much cheaper, which is a factor that could affect our price. It's difficult to know how it will work out."

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