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Mr. Austin Mitchell
asked the Chancellor of the Exchequer, in pursuance of his answer to the hon. Member for Grimsby on 11 February, whether he will estimate the increase in food prices necessary to give the average United Kingdom farmer an extra income of £100 per year.
Mr. Buchanan-Smith
I have been asked to reply. An increase of £100 a year on average in the income of United Kingdom farmers could be achieved by raising food prices in a variety of ways each of which would have quite different consequences for the average level of retail food prices.