HC Deb 14 March 1980 vol 980 cc772-3W
Mr. Leighton

asked the Minister for Agriculture, Fisheries and Food whether he will publish in the Official Report a table showing for each commodity for which there was a guaranteed price in 1970 (a) the corresponding EEC price in 1970, (b) the United Kingdom guaranteed price, (c) the world price and (d) the current EEC and world price.

Mr. Buchanan-Smith

The EEC support system operates in a different way from United Kingdom guaranteed prices and it is, therefore, not possible to obtain precisely comparable prices. The third

1970 Guaranteed Price 1970–71 EEC Price(a) 1979–80 EEC Price(b) Current World Price
Fat cattle £/tonne 219 270(c) 809(c) 513
Fat sheep p/kg. 42.95 None None N.A.
Fat pigs £/tonne 281 329(d) 994(d) 694
Eggs (hen) p/doz. 16.93 N.A. N.A. 23.1
Eggs (duck) p/doz. 11.15 N.A. N.A. N.A.
Wool p/kg. 48.92 None None N.A.
Milk p.p/litre 4.31 4.52(e) 12.81(e) N.A.
Wheat £/tonne 29.8 42.1(f) 86.7(f) 77
Barley £/tonne 26.6 37.7(f) 86.7(f) 72
Oats £/tonne 27.4 N.A. N.A. 68
Rye £/tonne 21.2 38.8(f) 92.9(f) 82
Potatoes £/tonne 15.6 None None N.A.
Sugar Beet £/tonne 6.7 7.2(g) 18.5(g) N.A.

Notes:

(a) Converted into sterling at £1=2.4 units of account.

(b) Converted into sterling at the representative ("green'') rate applicable at the beginning of the marketing year for each commodity.

(c) Intervention price.

(d) Basic price.

(e) Target price.

(f) Intervention price at beginning of marketing year.

(g) Minimum beet price.