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Farm Produce (Fair Practice)

Part of Oral Answers to Questions — Environment, Food and Rural Affairs – in the House of Commons at 9:30 am on 5th November 2015.

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Photo of George Eustice George Eustice The Minister of State, Department for Environment, Food and Rural Affairs 9:30 am, 5th November 2015

My hon. Friend makes an important point. One of the key long-term aspects we are looking at is developing a dairy futures market so that farmers can help to mitigate and manage the risks of price volatility. Such a market works quite effectively in the United States, and the European Commission is setting up a high-level group to look at how to develop such a scheme in the European Union.