HC Deb 21 March 1975 vol 888 cc554-5W
Mr. Spearing

asked the Minister of Agriculture, Fisheries and Food if he will tabulate for the last 12 months the cif price Rotterdam for a common category of milling wheat at world prices, together with the equivalent sums for each month of the accession compensatory amount, EEC or United Kingdom duties or levies, the cost to a United Kingdom importer, and the approximate Exchequer subsidy on bread per ton of imported wheat used in bread.

Mr. Bishop:

I am listing below for the 15 of each of the months requested the lowest representative cif offer prices, corrected to the EEC standard quality for wheat and to a Rotterdam basis, used by the Commission for levy-fixing purposes. The list also includes the corresponding EEC levies and United Kingdom accession compensatory amounts and levies fixed for those days. Because of the operation of the system of monetary cor-

£per ton*
Date Lowest Corrected cif Offer Price EEC Levy United Kingdom Accession Compensatory Amount (ACA) United Kingdom Net Levy(EEC Levy United Kingdom ACA)
15th May 1974 60.94
15th April 1974 54.11 3.51 2.82 0.69
15th June 1974 60.29
15th July 1974 66.34
15th August 1974 72.94
15th September 1974 68.41
15th October 1974 85.24
15th November 1974 77.07
15th December 1974 72.23
15th January 1975 61.84 4.34 5.07
15th February 1975 58.22 8.51 9.12
15th March 1975 51.06 17.72 16.87 0.85
* April-September converted at representative rate £1 = 2.1644 uas.
October-February converted at representative rate £1 = 2.0053 uas.
March converted at representative rate £1=1.96178 uas.