14 April 1995

BSP ceiling stays

BEEF Special Premium (BSP) regional ceilings will not be increased to accommodate extra calves entering the beef system as a result of reduced live exports.

"If the UK seeks higher regional ceilings, other countries will do the same as the price for their agreement," says farm minister William Waldegrave. "The net result would be higher beef production across the EU as a whole, leading to renewed beef surpluses."