Following is the information:—
Product
|
Export Subsidy in 1965-66
|
|
£
|
Butter
|
3,564,508
|
Cream
|
134,968
|
Condensed Milk
|
Nil
|
Powdered Milk
|
847,525
|
Chocolate Crumb
|
434,551
|
Cheese
|
643,587
|
(NOTE: In addition to export subsidy a milk production allowance of 4d. per gallon was paid from the Exchequer in 1965-66 on all milk received for processing and also a special allowance of 1d. per gallon was paid as from 1st May, 1965, on high quality milk. The total cost of State support of creamery milk prices in 1965-66 (including export subsidies and milk production and quality allowances) was £10,663,666.)
Records of export subsidies are kept on the basis of financial years only. In the case of butter the figures relate to sales on the export market and not to quantities actually exported in the financial year. In the case of other products the figures include balances of subsidy on exports in earlier years. The total cost of export subsidy on dairy products in 1965/66 was £5,762,914. The various figures given are provisional.
Of the total subsidies set out two-thirds are payable by the Exchequer and one-third from the proceeds of the levy, which has remained at 1?d per gallon since 1963, collected by An Bord Bainne on milk delivered to creameries and dairy products factories. In the case of butter these contributions amounted to £2.38 million and £1.9 million respectively.
The amount contributed towards the cost of export subsidies in 1965/66 by dairy manufacturing concerns other than farming co-operatives was approximately £240,000.