CAB129-45 — Page 73

ANNEX B

72

Page 73

Possible price increases on the basis of an aggregate price adjustment amounting to £25 million net on food only

Commodity

Unit Cost

Increase

(including withdrawal of

subsidies)

Suggested Price Increase

Aggregate Recoupment

Wheat (per cwt.)

15. 7a.

1s.Od.

£'000 1,695

Barley (per cwt.)

18. 9d.

1s.oa.

50

Oats (per cwt.)

16. 7a.

ls.Od.

310

Rye (per cwt.)

(as for wheat)

N11

Nil

Potatoes (per ton)

14s. 7a.

10s.Od.

1,920

Sugar Beet (per ton)

Fat Cattle (live cwt.)

Fat Sheep (lb. d.w.

Pigs (per score d.w.)

Milk (per gallon)

Eggs (per dozen)

NOTES: (1)

ware

minus 40s. Od.l substandard

8s.. 6d.

2s. 6d.

630

Agric. Depts.

M/Food

Agric.

M/Food

| Depts.

10s. 1d.clean 7s. 6d.

9s.od. 4,912

cattle

5,895

cattle

other 3s.Od. 4s.Od. 1,146

1,528

2.31d.

1d. 1d. 1,419

1,419

4s.11 d.

4s.0d. 4s.6d. 5,688

6,399

2.91d.

d.

d. 5,957 3,971

4.56d.

2d.

3.010

Total

26,737 26,827

Less Eire Stores

(147,000 tons)

1.102

1.323

Aggregate Recoupment

26,635

25,504

All price increases are annual averages. These can, if desired, be concentrated on certain months to encourage production at those seasons.

(2) For crops the price increases take account of the

Special Review increases so that there is no decline in the rate between 1951/52 and 1952/53.

(3)

The aggregate recoupment for eggs is net of a decrease in price of duck eggs of 6d. per dozen.

(4)

As in previous years it has been assumed that the benefit of an increased price for fat cattle will be passed back to the breeder of stores imported Page of Irish Republic.

Page 73

-3mm