§ Mr. MartlewTo ask the Minister of Agriculture, Fisheries and Food what effect he expects the recent agreement on CAP reform to have on the price, over the next three years, of(a) 1 lb of bacon, (b) a standard loaf and (c) ½lb of butter.
§ Mr. CurryIt is not possible to give precise estimates. The reform process will be spread over a number of years, and during this period retail food prices will be affected by a number of factors. However, at the end of the reform period the retail food price index could be some 2 per cent. lower on average than it would otherwise have been.