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Food Prices

Dáil Éireann Debate, Thursday - 30 May 2019

Thursday, 30 May 2019

Questions (112)

Charlie McConalogue

Question:

112. Deputy Charlie McConalogue asked the Minister for Agriculture, Food and the Marine his views on a proposed European Commission draft regulation (details supplied) regarding greater transparency in the way in which prices are reported throughout the chain; the timeline for same to be adopted; and when the reporting requirements involving operators as set out in the regulation will be operational once it is European law. [23167/19]

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Written answers

I welcome initiatives to improve market transparency on EU agricultural markets. The establishment of Market Observatories for the various commodities has been widely recognised as having a beneficial effect and have resulted in a significantly improved market overview in terms of increased transparency, dissemination of market data, and analysis.

The draft Commission implementing regulation, published on 22 May, aims to further increase market transparency by collecting more detailed price data at various points along the food supply chain. It is currently under consideration by my Department.

The draft regulation can be accessed at the following link:

https://ec.europa.eu/info/law/better-regulation/initiatives/ares-2018-5108370_en#isc-2019-03111

The Commission has launched a public consultation running to 19 June, and I would encourage all stakeholders to submit their views to the EU Commission directly via the consultation process.

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