§ 59. Mr. Lipton
asked the Minister of Agriculture, Fisheries and Food what the annual saving in subsidy would be if millers paid the same price for British milling wheat as the Government guarantee.
The amount of the saving in subsidy if growers received from millers the full guaranteed price for wheat used for flour milling would depend primarily on the quantity of home-grown wheat used for this purpose and on the price realised for the rest of the crop. These factors vary from year to year and no precise calculation is possible. But for the 1960 crop, it is estimated that the saving on the basis suggested would have been of the order of £12 million out of a total wheat subsidy of just over £24 million. This estimate assumes that the price of wheat sold for other purposes would have remained unchanged.
§ 60. Mr. Lipton
asked the Minister of Agriculture. Fisheries and Food if he will take steps, in negotiating the Annual Price Review, to ensure that the milling industry pays the same price for British milling wheat as the Government guarantee.