HC Deb 04 November 1974 vol 880 c64W
Mr. Hurd

asked the Minister of Agriculture, Fisheries and Food what is the rate per ton of the current EEC subsidy on United Kingdom imports of grain, and the estimated annual value of this subsidy to the United Kingdom balance of payments.

Mr. Bishop

Monetary compensatory amounts at present apply as import subsidies on United Kingdom imports of common wheat, rye, barley, oats, maize, millet and sorghum. Rates of monetary compensatory amounts, which are reviewed weekly, are published in the Official Journal of the European Communities. Current information on particular products can be obtained from the Intervention Board for Agricultural Produce.

No estimate of the annual value of these subsidies to the United Kingdom balance of payments can be given because of the number of variable factors involved.