European stock markets closed deep in red today, as mounting fears about the ability of Spain and Greece to deal with debts and fix their troubled banking sectors spooked investors.
Facebook shares hover around break-even as its leap of 12% in opening trade today came crashing down.
There is no let up to the mart trade. Supplies are pretty tight but prices are very strong. Dairy stock in milk is making €1,000-2,000 depending on age and milkability. Young sucklers with a calf at foot are at €1,400-2,000.
On farm, this year's most significant difference compared to 12 months ago, and 2010 for that matter, is the amount of pasture cover farmers have on the milking block.
Mild weather, high grass growth rates and a positive outlook for the dairy industry all lead to an upbeat mood among dairy farmers.