HC Deb 17 February 1970 vol 796 c100W
Mr. Jopling

asked the Minister of Agriculture, Fisheries and Food what is the total amount of increased costs through the efficiency factor which have been absorbed by the agricultural industry in the last 20 years.

Mr. Cledwyn Hughes

The net value on this basis of price determinations following annual reviews cannot be aggregated meaningfully over so long a period as 20 years. Figures for each review are as follows:—

Costs less determinations
Year £ million
1950 -17½
1951 -32½
1952 -2
1953 -1½
1954 -24
1955 -6½
1956 -11½
1957 -23½
1958 -30
1959 -8½
1960 -22½
1961 -5
1962 -30
1963 -13
1964 +7½*
1965 -18½
1966 +9
1967 +10*
1968 -16
1969 -6
* The determinations exceeded costs in these two years.

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