§ Mr. Hastingsasked the Minister for Agriculture, Fisheries and Food what he expects to be the net real income to farmers and growers for 1976–77; and how this compares as a percentage of that for 1972–73 and 1973–74.
§ Mr. BishopThe aggregate net income of the agriculture industry—including horticulture—is expected to be £1,751 million at current prices. After adjusting the changes in net income for changes in the retail price index, forecast net income in 1976–77 is 4 per cent. lower in real terms than in 1972–73 and 15 per cent. lower in real terms than in 1973–74.