Deficiency Payments

HC Deb 20 April 1982 vol 22 cc65-6W

Mr. Spearing

asked the Minister of Agriculture, Fisheries and Food if he will place in the Library a copy of his calculations in respect of a possible scheme of deficiency payments mentioned in his oral replies on 5 April.

Mr. Buchanan-Smith

As I explained in my reply of 1 April to my hon. Friend the Member for Bodmin (Mr. Hicks)—[Vol. 21, c. 171]—it is not possible to make precise estimates and much depends on the assumptions

Index of farming income deflated by the retail price index (1970=100)
Year
1970	100
1971	101
1972	100
1973	128
1974	93
1975	94
1976	104
1977	88
1978	80
1979	67
1980	51
1981	52