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Intervention Buying

Volume 892: debated on Monday 12 May 1975

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asked the Minister of Agriculture, Fisheries and Food how much money was spent on intervention buying by EEC intervention boards for the latest available period of 12 months; and how much has been budgeted for intervention buying by EEC intervention boards for 1975.

asked the Minister of Agriculture, Fisheries and Food how much money was spent by the United Kingdom Intervention Board for intervention buying for the latest available period of 12 months; and how much has been so budgeted for 1975.

Details of United Kingdom expenditure on intervention buying in 1974 and sales out of intervention are given in table M of the Annual Report of the Intervention Board for Agricultural Produce for the calendar year 1974 (Cmnd. 6033). In addition, there were offsetting receipts from FEOGA in 1974 in respect of losses incurred on the sale of intervention stocks and of intervention costs as set out in table L of the report. Budgeted expenditure for the calendar year 1975 is not available, but estimates on intervention buying are given in the Supply Estimates 1975–76, section A. Programme 3.1. of Class III, Vote 3.