Select Committee on Welsh Affairs Minutes of Evidence


Annex 5

COMMODITY PRICES FOR REFERENCE

  The table below compares the prices at the farmgate and retail level for the mainstream commodities and how much the farmer receives as a proportion of the retail price today compared to two years ago. Please note that the milk prices are taken as an average for the year to November and the beef prices are quoted for October.

Farmgate Price
Retail Price
Farmers share (%)

Nov 95Nov 97 Nov 95Nov 97 Nov 95Nov 97
Bread (p/loaf) 53.0051.00 20*16*
Pork (p/kg/dw)129.30100.03 301.60322.3043 31
Lamb (p/kg/dw)242.02216.20 537.00598.9045 36
Beef (p/kg/dw)234.90177.60 607.00577.2039 31
Milk (p/litre)24.3522.69 63.3461.5938 37

  *Farmers share is calculated assuming 814g of cereals per loaf and using breadmaking wheat prices.

  Source: MLC, HGCA, ONS and MAFF.

  The table below compares the latest livestock reference prices for certain European countries with those of last year. All prices are sourced from the MLC.

Beef
p/kg/lwt
Pigmeat
p/kg/dwt
Sheepmeat
p/kg/dwt
w/e5-12-96 4-12-971-12-96 30-11-971-12-96 30-11-97

Denmark86.1479.55 107.9799.83206.91 220.81
Germany98.1991.56 115.07105.44288.45 242.65
Spain104.03100.50 113.85114.53387.62 315.23
France103.22100.63 106.9396.37331.17 275.15
Irish Rep90.5975.89 113.9690.95284.52 198.20



 
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Prepared 12 February 1998