HC Deb 17 November 1976 vol 919 c626W
Sir P. Bryan

asked the Minister of Agriculture, Fisheries and Food what benefits Great Britain's bacon producers have gained from the new basis of calculation of pigmeat MCAs taking into account the devaluation of the green Danish krone.

Mr. Bishop

Devaluation of the green krone eliminated a monetary compensatory amount which was a charge on Danish exports to all destinations. From 8th November amounts payable on United Kingdom imports of bacon and other pig-meat products are about 8 per cent. less than those which would have been provided for under the old basis of calculation, and those charged on imports into revaluing countries like Germany are similarly reduced.