Tallow Prices

Oral Answers to Questions — Food Supplies – in the House of Commons at 12:00 am on 31 October 1949.

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Photo of Sir Henry Legge-Bourke Sir Henry Legge-Bourke , Isle of Ely 12:00, 31 October 1949

asked the Minister of Food what influenced his Department in making the changes of price for tallow in the autumn of 1948 and in September, 1949; how the prices before and after each change compared with world prices; and what was the effect after each change on the supplies of tallow in the United Kingdom.

Photo of Dr Edith Summerskill Dr Edith Summerskill , Fulham West

Our buying prices for tallow are negotiated after taking into account the supply prospects. Owing to exchange difficulties there is at present no world price, and prices differ according to the source of supplies. As we make our purchases at different times from a number of countries, I regret that it is not possible to answer the third part of the Question.

Photo of Sir Henry Legge-Bourke Sir Henry Legge-Bourke , Isle of Ely

Is it not a fact that the price being offered for Australian tallow was £50 to £60 above the American price, and that on devaluation the British price dropped by £30? Why was that?

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