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Bread

Volume 888: debated on Friday 21 March 1975

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asked the Minister of Agriculture, Fisheries and Food if he will tabulate for the last 12 months the cif price Rotterdam for a common category of milling wheat at world prices, together with the equivalent sums for each month of the accession compensatory amount, EEC or United Kingdom duties or levies, the cost to a United Kingdom importer, and the approximate Exchequer subsidy on bread per ton of imported wheat used in bread.

I am listing below for the 15 of each of the months requested the lowest representative cif offer prices, corrected to the EEC standard quality for wheat and to a Rotterdam basis, used by the Commission for levy-fixing purposes. The list also includes the corresponding EEC levies and United Kingdom accession compensatory amounts and levies fixed for those days. Because of the operation of the system of monetary cor-

£per ton*
DateLowest Corrected cif Offer PriceEEC LevyUnited Kingdom Accession Compensatory Amount (ACA)United Kingdom Net Levy(EEC Levy United Kingdom ACA)
15th May 197460·94
15th April 197454·113·512·820·69
15th June 197460·29
15th July 197466·34
15th August 197472·94
15th September 197468·41
15th October 197485·24
15th November 197477·07
15th December 197472·23
15th January 197561·844·345·07
15th February 197558·228·519·12
15th March 197551·0617·7216·870·85
* April-September converted at representative rate £1 = 2·1644 uas.
October-February converted at representative rate £1 = 2·0053 uas.
March converted at representative rate £1=1·96178 uas.