§ 38. Mr. William Hamiltonasked the Minister of Agriculture, Fisheries and Food what representations he has received from consumers' organisations concerning the recently agreed EEC agricultural price review; and if he will make a statement.
§ Mr. Peter WalkerI have seen press reports of the views of various consumer organisations and I shall shortly be meeting the director of the Consumers Association. My statement on 22 June explained that consumers would benefit as a result of the EEC farm price settlement from the biggest butter subsidy we have ever received from the Community. Consumers will certainly do better than in any price fixing agreed to by my predecessors.
§ 41. Mr. Crowtherasked the Minister of Agriculture, Fisheries and Food what net increase in Great Britain's contribution to the EEC budget is expected to result from the latest farm price review.
§ 49. Mr. Strawasked the Minister of Agriculture. Fisheries and Food, what 265W will be the additional costs to the EEC Agricultural Guidance and Guarantee Fund for agriculture of the Luxembourg farm price deal.
§ Mr. Peter WalkerThe latest revised figures given by the Commission as to the cost of the CAP prices settlement are as follows:—
£ million The 1½ per cent, price increases plus the changes in the German and Benelux green rate 63 The 1½ per cent. green franc devaluation 51 Increase in milk powder subsidy 44 Increased butter subsidy 182 Other changes in the milk sector, such as school milk 8 Other increases mainly on aids on processed fruit and vegetables 24 372 The 5 per cent, green pound devaluation—minus 74 298 Britain will have to meet 16½ per cent. of this total which is its marginal contribution to the CAP which will amount to £49 million.
The benefits to the United Kingdom in financial terms will be:—
£ million The butter subsidy 65 School milk subsidy 4 Extra receipts due to the green pound devaluation 14 83