Butter, Cheese and Sugar

HC Deb 25 June 1980 vol 987 cc216-7W

Mr. Austin Mitchell

asked the Minister of Agriculture, Fisheries and Food whether he will circulate in the Official Report a table showing for butter, cheese and sugar (a) the ex-farm, ex-factory price, (b) the retail price, (c) the European Economic Community target price and (d) the European Economic Community intervention price in 1970, 1975 and at the latest available date.

Mr. Buchanan-Smith

The information is as follows:

Sugar (cont)	1970	1975	1980
(c) EC target price, white sugar per 100 kg (3) (7)—
(i) 1974–75	22.35ua	27.88ua	43.26ECU
(ii) 1975–76	32.05ua	45.55ECU
(d) EC intervention price, white sugar, per 100 kg (3) (7) (8)—
(i) 1974–75	21.23ua	26.48ua	41.09ECU
(ii) 1975–76	30.45ua	43.27ECU

Notes

(1) As at 13 June 1980.

(2) Average for May 1980.

(3) Community institutional prices since United Kingdom Accession are convertible to sterling al the current representative rate. For 1975 up to 2.3.1975, £1 =2.0053ua; from 3.3.1975, £1 =1.96178ua; from 4.8.1975, £1 =1.86369ua and from 27.10.1975, £1=1.7556ua. For 1980 to date, £1=1.61641 ECU.

Target prices for milk, per 100 kg:—

1970	10.30 ua
1.1.1975–2.3.1975	14.08 ua
3.3.1975–15.9.1975	14.92 ua
16.9.1975–31.12.1975	15.59 ua
1.1.1980–31.5.1980	21.40 ECU
1.6.1980	22.26 ECU

(5) Transitional prices applied in the United Kingdom during 1975.

(6) Intervention applies only to Italian hard grating cheeses.

(7) Crop years commencing 1 July

(8) Transitional prices applied in the United Kingdom during 1975. Intervention prices in the Kingdom are subject to a regional premium.