Fatstock (Guarantee Payments)

Oral Answers to Questions — Ministry of Food – in the House of Commons at 12:00 am on 4th April 1955.

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Photo of Mr Denys Bullard Mr Denys Bullard , South West Norfolk 12:00 am, 4th April 1955

asked the Minister of Food how long it now takes to pay the sums due to producers under the guarantees for fatstock; and how the delay between a sale and the payment of the guarantees compares with that of July last.

Mr. Amory:

The average time taken to pay producers selling by auction is now 11 days from receipt of the payment certificate, compared with 21 days last July. The comparable figures for grade and deadweight sales are 17 days and 28 days, respectively, and for sales to bacon factories five days and 16 days.