Wheat (Prices)

Oral Answers to Questions — Agriculture, Fisheries and Food – in the House of Commons at 12:00 am on 2nd December 1957.

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Photo of Mr John Hill Mr John Hill , South Norfolk 12:00 am, 2nd December 1957

asked the Minister of Agriculture. Fisheries and Food whether, on the basis of figures available to him from his representatives in the Food and Agriculture Organisation and the Organisation for European Economic Co-operation, he will state, for the last three years, the grower's price and, where applicable, the f.o.b. export price of wheat produced in Belgium. France, Federal Germany, Sweden, Turkey, and the United

WHEAT PRICES
TABLE I£ per long ton
CountryGrower's priceExport price (a)
195419551956195419551956
(1)(2)(3)(4)(5)(6)
Belgium34·133·033·4Not applicable
France35·235·238·823·122·524·2
West Germany35·235·936·7Not applicable
Sweden31·229·029·824·827·429·5
Turkey43·9(c)45·0(c)46·4(c)25·728·436·4
U.S.A.28·326·526·524·323·322·6
TABLE II
Guaranteed priceAverage market price (b)
195419551956195419551956
United Kingdom30·7530·0030·0021·5822·8322·67
(a) Calendar year average.
(b) Crop year average.
(c) Average of quotations Istanbul Exchange, soft wheat.

States of America; and if he will compare these prices with the equivalent British guaranteed prices and the average market price received for British home-grown wheat.

Photo of Mr Joseph Godber Mr Joseph Godber , Grantham

As the reply contains a number of figures, I will, with permission, circulate it in the OFFICIAL REPORT.

Photo of Mr John Hill Mr John Hill , South Norfolk

Will not my hon. Friend agree that the trend of these figures will show, first, that the export prices of foreign wheat are frequently below cost of production; secondly, that foreign wheat growers tend to receive a higher return in their own country than is the case with British wheat growers; and, thirdly, that British wheat growing is extremely efficient and economic?

Photo of Mr Joseph Godber Mr Joseph Godber , Grantham

Yes, Sir. By and large the figures bear out the points my hon. Friend has made. In some respects they are quite startling.

Following are the figures: