§ Mr. Kitsonasked the Minister of Agriculture, Fisheries and Food what increase in guaranteed prices he estimates to be needed at this year's Annual Price Review, taking into account additional costs, to provide a rise of £100 million to the farming industry since, and inclusive of, the 1964 Price Review.
§ Mr. PeartAfter deducting the increased costs, the total awards at the last four Annual Reviews, together with the gain from increasing productivity, amount to about £100 million. About £40 million of this is attributable to this year's Review, when the award left the industry with the whole of its productivity gain and provided full recoupment for the increased costs together with a further £10 million.