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Intervention Stocks

Volume 298: debated on Monday 21 July 1997

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To ask the Minister of Agriculture, Fisheries and Food if he will list the intervention stocks which have been sold to third countries in each of the last five years for which figures are available, indicating for each year the price and overall volume and the relevant world market price at time of sale. [8996]

The information requested is as follows:

Intervention productCalendar yearQuantity sold to third countries (tonnes)Sale price per tonne (£)World market price (£)
Beef
199218,21211,200.702
199319,86311,401.832
199449,94011,061.12
19956,27611,582.462
19960
Barley
1992367,851368.344
1993225,362359.644
1994519,592364.074
199591,930368.014
19960
Butter and skimmed milk powder
19920
19930
19940
19950
19960
1 Intervention beef is sold by cut and different cuts have different sale prices. The sale prices shown are therefore average sales prices for all the cuts concerned. The work involved in establishing the individual sale prices for each of the cuts sold for each sale could be provided only at disproportionate cost.
2 The world beef market is fragmented and prices vary considerably according to the export zone and/or country concerned. Consequently, there is not a recognized and established world market price for beef.
3 The sale prices shown are average sale prices. The work involved in establishing the individual price for each sale could be provided only at disproportionate cost.
4 The work involved in establishing the world market price at the time of sale could be provided only at disproportionate cost.