Skip to main content

Intervention Stocks

Volume 892: debated on Tuesday 20 May 1975

The text on this page has been created from Hansard archive content, it may contain typographical errors.

asked the Minister of Agriculture, Fisheries and Food what are the total stocks of each foodstuff held under EEC intervention arrangements to the latest date; and what was the figure of the buying price for 30th April, respectively.

Approximate intervention Stocks ('000 tonnes)*EEC Common Buying-in price at 30th April (u/a per tonne)
CommodityTotal EECUnited KingdomAs at
Beef266·00·04Mid April 1975
Cereals
Total2,539·2Nil13th May 1975
Wheat1,703·4Nil13th May 1975124·33§
Rye253·8Nil13th May 1975115·73
Barley582·0Nil13th May 1975110·23
Milk Products
Butter66·0Nil10th May 19751,946·30
Skimmed Milk Powder552·012·010th May 1975887·00
Cheese60·0Nil10th May 1975
Grana Padano
30–60 day maturity1,958·5
Batches of average age 6 months2,308·3
Parmigiano Reggiano
Batches of average age 6 months2,500·3
Notes:
Provision exists for the introduction of intervention arrangements for pigmeat, sugar certain oilseeds and olive oil. No stocks of these commodities are held at present.
* Excluding stocks the property of private traders but held in Community-aided private storage.
† Prices in the United Kingdom, Denmark and Republic of Ireland are derived by application of accession compensatory amounts and appropriate representative rates.
‡ Intervention prices for beef vary according to grade of cattle and presentation or cut of been There is, therefore, a considerable range of prices operating within the Community. The basis for calculating prices is the common intervention level for live cattle which was 99·42 u/a per 100 kg at 30th April 1975.
§ This is the highest intervention price from which are derived lower regional intervention prices which take account of the supply position and transport costs.