HC Deb 26 January 1955 vol 536 c40W
Mr. Hurd

asked the Minister of Food the average rate of subsidy paid to egg packers in each month since April to bridge the gap between market prices and the prices guaranteed to egg producers; and the total amount expended.

Mr. Amory

The average rates of cash allowances paid to egg packers from April to December. 1954, inclusive were as follows:

Month Cash Allowances per dozen eggs
April 1s. 7½d.
May 1s. 7¼d.
June 1s. 0d.
July 5½d.
August 5½d.
September 9½d.
October 6½d.
November 5¾d.
December 5d.

The total amount so expended was £15,850,000. In addition, a trading loss of £950,000 on eggs purchased from packers at support prices was incurred. The total subsidy incurred over the period to give effect to the price guarantees to producers under the Agriculture Act, 1947, was thus £16,800,000.