Sterling has weakened further against the euro this morning, now trading at a rate of 83p to €1. This puts further pressure on Irish sales to the UK, while the opposite applies in Northern Ireland with sales to the eurozone made easier as European buyers have more money to spend.

The implications of Brexit is the main topic of news discussion programmes today as the reality continues to sink in. For the Irish agri-food industry, there is also uncertainty, but it won’t be the end of the commercial world.