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Food Stocks

Volume 84: debated on Wednesday 23 October 1985

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asked the Minister of Agriculture, Fisheries and Food if he will list the stocks, and in each case the latest estimated value, of each food stock held in store in the United Kingdom and the European Economic Community and the estimated cost of storage.

The United Kingdom intervention stocks of foodstuffs at 31 August 1985 and their estimated values based on the buying-in prices valid at that date were as follows:

Tonnes£
Breadwheat58,9757,005,000
Beef64,742164,324,000
Butter198,022374,340,000
Skimmed Milk Powder40,80143,931,000
The storage, handling and related costs of United Kingdom intervention products (including barley and feedwheat) in 1984 were £46·4 million.EC stocks are only valued once a year, on 30 November. The volume of Community stocks of the same products at the latest available dates are as follows:

TonnesDate
Breadwheat4,197,00027 September 1985
Beef685,00031 August 1985
TonnesDate
Butter994,02526 September 1985
Skimmed Milk Powder486,99826 September 1985
Storage and handling costs for other member states' intervention stocks are not available.