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The recent Mercosur deal was not a full renegotiation, rather a tightening of environmental issues that were frustrating ratification in the EU.
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A quarter of a century has passed since the negotiations between the EU and Mercosur countries began, but the finishing line is in sight.
Ornua's CEO insists that adding value to the existing milk pool is where future revenue growth lies for the dairy sector.
This influx of milk comes in at an annual value of €150m, according to Brian Hanafin, head of milk pool development at Tirlán.
The dip in dairy cow numbers for the first time since quotas ended adds to the ongoing decline of the suckler herd.
