The penny has dropped for Northern Ireland dairy farmers - over 3,000 of which have about 300,000 cattle.
Virtually all of the milk produced is exported south to the Republic of Ireland - over 800 million litres, annually. As both countries are currently in the EU, no levies apply.
But when NI leaves the EU (in 7 weeks time), tariffs will kick in - making it totally uneconomical for the RoI to buy milk from NI.
Roughly speaking, the 25p per litre retail cost in RoI (with a 19/20p EU levy, applicable in RoI) would increase to c45p. Thus a major market for NI will be lost.
And there are so many more examples.
One more - about 80% of RoI beef and dairy produce comes to the UK mainland; that market will soon be denied them.
We too, will have to sourse from new markets.
More unown factors and consequences are around every corner....
