Export refund rates for butter and whole milk powder have been pegged up another notch by Brussels market managers.

The common refund rate for butter increased €3 to €99.50/100kg ($124.83/£69.05), pushing the maximum tender rate up to €106.70.

The refund rate for whole milk powder rose 8% to €54/100kg (£67.75/£37.47), all with immediate effect.

The increases are the third since the beginning of the year and were hailed by the Irish agriculture minister Mary Coughlan as a welcome boost for exports.

Some doubt that the rise will do enough to make EU product competitive on the world market.