Oral Answers to Questions Debate
Full Debate: Read Full DebateGraeme Morrice
Main Page: Graeme Morrice (Labour - Livingston)Department Debates - View all Graeme Morrice's debates with the Department for Environment, Food and Rural Affairs
(13 years, 4 months ago)
Commons ChamberMy hon. Friend is right. However, at the moment the Union Jack could appear on a product from a pig that was not reared in Britain, and that needs to be stopped. I can tell him that the whole meat industry has agreed a voluntary code on country of origin labelling, and we carried out a benchmarking exercise survey in April, against which we can judge progress. The EU food information regulations are making fast progress. It will be a little while yet, but we believe that within them there will be mandatory country of origin labelling for fresh meat.
6. What steps she is taking in response to recent trends in food prices.
With permission, Mr Speaker, I will answer this question with Question 10. [Interruption.] I think that they are grouped.
Sorry, Mr Speaker. It has been withdrawn, I think.
The Government are committed to promoting better functioning of agricultural markets to help mitigate future price spikes. Last week I attended the G20 Agriculture Ministers meeting—the first time that Agriculture Ministers have been convoked under the G20. We unanimously agreed on measures to increase food production sustainably and provide better transparency and governance in order to regulate supply and demand. I wish to see further liberalisation of markets, which as the Government’s foresight report states, will help dampen price volatility.
The United Nations and the OECD recently predicted that global food prices could rise by as much as 30% in the next decade. What action is the Secretary of State taking to tackle commodity speculation and rising food prices?
There is no conclusive evidence that speculation is the principal cause of price volatility. Farmers would be the first to explain that they speculate—or hedge—in order to even out the highs and lows in their prices. The fundamental problem in world markets is that of tight supply and demand, so the most important thing we can do is increase food production sustainably. That is a priority for my Department.