HC Deb 30 October 1930 vol 244 cc218-9W

asked the Minister of Agriculture if he can estimate what would have been the cost to the Exchequer had a guarantee of 55s. per quarter for millable wheat been in force during the past cereal year?


The cost of guaranteeing a price of 55s. per quarter (504 lbs.) for that part of the British wheat crop of 1929 estimated to have been sold off farms would have been £3,390,000. An extension of the guarantee to the total production would have increased the cost by about one-third.