HC Deb 19 February 1987 vol 110 c789W
61. Mr. Colin Shepherd

asked the Minister of Agriculture, Fisheries and Food what is the prevailing differential between the green pound and the pound sterling.

Mr. Gummer

The difference between sterling's green rates and market rate against the ecu — the real monetary gap — is expressed as a percentage of the former.

The real monetary gaps applying in the United Kingdom in the week beginning 16 February are 24.746 per cent. for beef, 26.942 per cent. for pigmeat, 31.138 per cent. for dairy products and 32.944 per cent. for crops.