HC Deb 11 July 1979 vol 970 cc206-7W
48. Mr. Stallard

asked the Minister of Agriculture, Fisheries and Food what will be the effect on the United Kingdom contribution to the EEC budget of the recent agreement on agricultural prices.

49. Mr. William Hamilton

asked the Minister of Agriculture, Fisheries and Food if he will make a statement on the increase in the United Kingdom contribution to the EEC budget as a result of the agricultural prices agreement recently announced.

50. Mr. Leighton

asked the Minister of Agriculture, Fisheries and Food what is the total increase in EEC budget expenditure resulting from the decisions taken at the meeting of EEC Agriculture Ministers on 21 June.

Mr. Peter Walker

The latest revised figures given by the Commission as to the cost of the CAP prices settlement are as follows:

£ million
the 1½ per cent. price increases plus the changes in the German and Benelux green rate 63
the 1½ per cent. green franc devaluation 51
increase in milk powder subsidy 44
increased butter subsidy 182
other changes in the milk sector, such as school milk 8
other increases mainly on aids on processed fruit and vegetables 24
372
the 5 per cent green pound devaluation -74
298

Britain will have to meet 16½ per cent. of this total which is its marginal contribution to the CAP, which will amount to £49 million.

The benefits to the United Kingdom in financial terms will be:

£ million
the butter subsidy 65
school milk subsidy 4
extra receipts due to the Green Pound devaluation 14
83