§ Mr. Teddy Taylorasked the Minister of Agriculture, Fisheries and Food if he will make a statement explaining how the Intervention Board for Agricultural Produce disposed of the 45,605 tons of butter which it bought into intervention or withdrew from the market in 1980; what quantity of this total was sold; and what was the average price per pound obtained for these sales.
§ Mr. Peter WalkerThe 45,605 tonnes of butter disposed of by the board in 1980 were put into intervention during the period March 1978 to June 1980: 17,752 tonnes were sold on to the open market, 12,500 tonnes to pastry and ice-cream manufacturers, 5,311 tonnes to non-profit-making organisations, 991 tonnes to the Armed Forces, 70 tonnes for consumption as concentrated butter; 8,981 tonnes were supplied as food aid.
The average price for the quantities sold, which excludes food aid, was just over £1,200 per tonne.