§ Lord Marlesfordasked Her Majesty's Government:
Whether they will estimate the annual monetary value in United States dollars of gross transfer at the farm gate through prices higher than world level applied to the dairy industry in the United Kingdom; and how much in United States dollars this amounts to per cow in the United Kingdom. [H L3633]
§ The Parliamentary Under-Secretary of State, Department for Environment, Food and Rural Affairs (Lord Whitty)Applying the methodology utilised for the Organisation for Economic Co-operation and Development's producer support estimate (PSE), we estimate that in 2000 (the latest year for which figures are available), the annual monetary value of gross transfer at the farm gate through prices higher than world level applied to the dairy industry in the UK was approximately 1.3 billion dollars. This amounts to around 1.60 dollars per dairy cow per day.