§ Mr. Ron DaviesTo ask the Minister of Agriculture, Fisheries and Food if he will estimate the total volume of each commodity held in the United Kingdom in storage under the common agricultural policy intervention regime.
§ Mr. RyderA note setting out the volume of United Kingdom intervention stocks of agricultural commodities is deposited in the Library of the House and updated monthly.
§ Mr. Ron DaviesTo ask the Minister of Agriculture, Fisheries and Food if he will estimate the level of expenditure incurred in the United Kingdom during 1988, for each commodity, in(a) common agricultural policy intervention buying and (b) storage.
§ Mr. RyderThe information requested is as follows:
£ thousand 1987–88 Outturn
1988–89 Forecast
Beef Intervention purchases 100,759 50,340 Intervention sales -52,850 -43,470 Net cost of intervention buying 47,909 6,870 Storage costs 18,356 10,190 Cereals Intervention purchases 5,470 72,460 Intervention sales -93,993 -55,060 Net cost of intervention buying -88,523 17,400 Storage costs 59,560 35,276 Butter Intervention purchases 133,837 2,490 Intervention sales -23,342 -32,450 Net cost of intervention buying 110,495 -29,960 Storage costs 18,309 4,750 Skimmed Milk Powder Intervention purchases 363 2,490 Intervention sales -18,092 -32,450 Net cost of intervention buying -17,729 -29,960 Storage costs 243 4,750 Oil-seeds Intervention purchases 0 7,240 Intervention sales 0 -7,560 Net cost of intervention buying 0 -320 Storage costs 0 240