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Brexit: Food Prices - Question

Part of the debate – in the House of Lords at 2:51 pm on 14th November 2017.

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Photo of Lord Gardiner of Kimble Lord Gardiner of Kimble The Parliamentary Under-Secretary of State for Environment, Food and Rural Affairs 2:51 pm, 14th November 2017

My Lords, it is clear that food prices have throughout history had a lot to do with the exchange rate, so my noble friend is right that exchange rates are a component of food prices. We believe that there is a vibrant future for agriculture. Having been at Harper Adams last week to see its work in agritech science and heard Professor Blackmore talk about robotic arrangements for agriculture, I think that there is a very strong future for agriculture. All the students whom I met were very enthusiastic about the future of our agricultural sector.