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Intervention Stocks

Volume 124: debated on Friday 18 December 1987

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To ask the Minister of Agriculture, Fisheries and Food what was the total cost of putting produce into intervention in each of the past 10 years; and what percentage of (a) the European Community agricultural budget and (b) the total European Community budget these figures represent.

[holding answer 17 December 1987]: The costs associated with purchases into intervention are borne by member states and are not available. The costs to the EC of storing intervention produce (including private storage) and reimbursing member states for losses on sale from intervention over the past 10 years were:

YearMecu£ millionPer cent. of CAP budgetPer cent. of total EC budget
19781,6891,1211915
19791,6541,0741512

Year

Mecu

£ million

Per cent. of CAP budget

Per cent. of total EC budget

19801,6179791410
19811,631908149
19821,8181,014149
19832,8931,6971712
19843,5612,0791913
19854,4272,6032216
19865,5553,5992416
19873,9482,7611610

Sources:

1978–1986—EAGGF Guarantee Annual Report

1987 EC budget-covers actual expenditure to end October 1987

Note: The full cost of disposing of surplus produce also includes other expenditure on export refunds, withdrawal and subsidies for disposal on the Community Market. Budget provision for this cost in 1987 amounted to some 17,390 mecu (£12,160) which is respectively 72 per cent. of the CAP budget and 48 per cent. of the total EC budget.