HC Deb 08 March 1954 vol 524 cc1729-30
32. Lieut.-Colonel Lipton

asked the Minister of Food what further allocations for home consumption are still available from the last bulk purchase of African coffee.

Major Lloyd George

I expect monthly allocations to the home trade to continue until September or October next.

Lieut.-Colonel Lipton

Can the right hon. and gallant Gentleman say what is going to happen after all the coffee that we have under bulk purchase agreements has been disposed of? Is it not likely that, in view of the world trend at the moment, this country will pay dearly through the cessation of bulk buying in this commodity?

Major Lloyd George

It is not a question of the cessation of bulk buying at all. Whether it is bulk buying or private buying, one has to pay the price which the growers ask. The world price of coffee today is based on the price that the growers ask.