HC Deb 10 February 1971 vol 811 cc191-2W
Mr. Elysian Morgan

asked the Minister of Agriculture, Fisheries and Food what percentage of total added costs, discounting the factor of added efficiency, were recouped by United Kingdom farmers in the two periods 1959 to 1964, inclusive, and 1965 to 1970, inclusive.

Mr. Prior

From 1959 to 1964 inclusive the average increase in costs for guaranteed products was £17 million, of which 29 per cent. was recouped. From 1965 to 1970 inclusive the increase in costs averaged £41 million, of which 80 per cent. was recouped. The annual value of increased efficiency taking one year with another was put at £25 million from 1959 to 1965 and £30 million from 1966 to 1970.