HC Deb 25 July 1988 vol 138 cc95-6W
Mr. Nicholas Bennett

To ask the Minister of Agriculture, Fisheries and Food what information he has as to the effect on(a) the beef sector, (b) the dairy sector, and (c) the sheep sector of revaluations of the green pound and interest rate changes since December 1987.

Mr. MacGregor

No green pound changes have come into effect since December 1987 in the sectors concerned. I regret that information is not available on the level of farmers' borrowings in the particular commodity sectors referred to or, therefore, on the effect of interest rate changes on the beef, dairy and sheep sectors. Much will depend on the level and sources of individual farmers' borrowings.