Use of Storage Savings for Producers
McCoy asked whether savings from declining intervention and storage could be returned to producers facing income reductions. The Minister disputed the claimed 10 per cent cut, including after McCoy clarified he meant gross output.
In view of the reducing stocks in intervention which look like virtually disappearing next year and the savings thereby offered in terms of storage and cold storage, could the Minister see his way to diverting the savings back to the producers in view of the fact that they will be cut 10 per cent in their gross income in the next two years?
Comment on this
We are having an extension of this question. It is essentially a statistical question.
Comment on this
There is no evidence whatever for what Deputy McCoy has said about a cut in gross income of 10 per cent.