HC Deb 30 November 1965 vol 721 c170W
Mr. Marten

asked the Minister of Agriculture, Fisheries and Food if he is satisfied with the present method of Exchequer support for the pig industry; and if he will make a statement.

Mr. Peart

I am satisfied that the present method is sound in principle, and it is generally accepted as such by the industry. Changes in detail are matters for consideration at each Annual Review.

Mr. Astor

asked the Minister of Agriculture, Fisheries and Food if he is aware of the low level and declining profitability of pig farming; what steps he will take to improve profitability; and if he will make a statement.

Mr. Peart

Because forecast production has been high, producers' returns have been reduced under the flexible guarantee arrangements. The latest forecast, however, showed a fall, and, if this trend continues, there will be a corresponding restoration of the price reductions made under the flexible guarantee. As a consequence of the very big increase in pig marketings this year, average market prices have been considerably lower, and the cost of the guarantee is likely to be heavy. The profitability of pig production, along with all other relevant factors, including Exchequer cost, will be taken into account at the coming Annual Review.