§ Mr. Austin Mitchellasked the Minister of Agriculture, Fisheries and Food whether, pursuant to the reply of 21 April, Official Report, column 42, concerning levies and world prices, he will also give figures for breadmaking wheat, rapeseed and dairy products other than butter.
§ Mrs. FennerLevies and monetary compensatory amounts (MCA) are fixed for common wheat, no distinction being made for different qualities. No import levies or MCAs apply to rapeseed. The information requested for milk products (other than that for butter and skimmed milk powder which was included in the earlier reply) is set out in the table.
91W
§ Mr. Austin Mitchellasked the Minister of Agriculture, Fisheries and Food what effect the European Economic Community price settlement will have on the figures for levies and world prices given in the reply of 21 April, Official Report, column 42.
§ Mrs. FennerThe main elements of the recent price settlement will not be implemented until the beginning of the 1986–87 marketing years. "World" prices, and therefore import levies, are influenced by many factors: furthermore, monetary compensatory amounts determined for the United Kingdom depend on the strength of sterling and may vary weekly. It is, therefore, not possible to predict accurately future levels of levies and "world" prices.
§ Mr. Austin Mitchellasked the Minister of Agriculture, Fisheries and Food if he will give the dollar cross-rate of exchange used in calculating the world prices referred to in the answer of 21 April, Official Report, column 42.
§ Mrs. FennerThe implicit exchange rate was £1=1.465 US dollars.