US removes tariffs on Greek and German cheeses but still at €40m for Irish dairy sector

Strong dairy markets despite recession and tariffs

The US has left the total amount of EU products subject to tariffs at $7.5 billion. Picture: iStock

Strong dairy markets have enabled co-ops to maintain or increase prices for July milk, despite a severe global economic slowdown due to Covid-19, and the US leaving import tariffs in place on dairy imports from the EU. 

Lakeland Dairies has increased its milk price for July by 1c per litre (cpl); Dairygold and Arrabawn added 0.5cpl. Kerry, Glanbia, and Carbery have announced unchanged prices for July milk Co-ops have said dairy markets have been quiet in recent weeks, but noted growth in production across Europe and the US.