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Ec (Food Sales)

Volume 115: debated on Thursday 30 April 1987

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asked the Minister of Agriculture, Fisheries and Food what was the price at which butter, beef and sugar, respectively, were made available to traders, after the payment of export refund, to the Soviet Union, expressed in pound sterling per pound, at the most recent date for which figures are available.

[pursuant to his reply, 23 April 1987, c. 698]: The most recent sale of butter to the USSR was on 15 April. None was sold from the United Kingdom. Had any sales taken place from the United Kingdom the price to United Kingdom traders would have been nearly 20p per lb.The most recent prices in sterling terms at which beef would have been made available to United Kingdom traders for sales to the USSR are:

  • bone-in forequarters—29p per lb.
  • bone-in hindquarters—45p per lb.
  • boneless cuts—38p to 56p per lb depending on the cut.

No sales have taken place from the United Kingdom for over a year.

The last export tender competition for sugar intervention stocks took place on 21 January. The free-on-board price was equivalent to around 7p per lb. There are currently no intervention stocks of sugar held in the United Kingdom.

Those prices are inclusive of export refunds and United Kingdom MCAs where applicable; the prices at which sales to the USSR are concluded are a matter for the traders concerned.