19.5.76 OfficialJournaloftheEuropeanCommunities NoL130/17
COUNCILREGULATION (EEC)No1151/76
of17May1976
fixingcerealandricepricesforthe1976/77marketingyear
THECOUNCILOFTHEEUROPEAN
COMMUNITIES ,Whereastheinterventionpricesandtargetpricesfor
theprincipalcerealsmustbefixedinsuchawayasto
promoteabalancebetweenthedifferentsectionsof
productiononthebasisofactualmarketrequire­
ments,whileatthesametimeensuringtheimprove­
mentoffarmincomes;
Whereas,inordertofacilitatetransitionfromthe
arrangements appliedduringthe1975/76marketing
yeartothoselaiddowninArticle3ofRegulation
(EEC)No2727/75,theprincipleoffixingthesingle
interventionpricesforcommonwheat,barleyand
maizeatacommonlevelmay,underArticle4ofthat
Regulation,bewaivedforthe1976/77marketing
year;
Whereas,ontheonehand,inordertoguaranteethe
fluidityoftheCommunitybarleyandmaizemarkets,
whileatthesametimeavoidingexcessiveprice
increases,itseemsadvisablethat,inafirststage,the
interventionpricesfortheseproductsshouldonlybe
movedtowardsalignment,pendingcompletealign­
ment,accountbeingtakenofthenormalratio
betweentheaveragerelativevaluesofthesetwo
cerealsforuseinanimalfeed;HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,andinparticularArticle43
thereof,
HavingregardtoCouncilRegulation (EEC)No
2727/75of29October1975onthecommonorganiza­
tionofthemarketincereals('),aslastamendedby
Regulation (EEC)No1143/76(2),andinparticular
Articles3(6)and4thereof,
HavingregardtoCouncilRegulation359/67/EECof
25July1967onthecommonorganizationofthe
marketinrice(3),aslastamendedbyRegulation
(EEC)No668/75(4),andinparticularArticles2(4)
and4(4)thereof,
HavingregardtotheproposalfromtheCommission ,
HavingregardtotheopinionoftheEuropeanParlia­
ment(5),
HavingregardtotheopinionoftheEconomicand
SocialCommittee (6),
Whereasthemarketsandpricespolicy,basedon
modernized farms,isthemaininstrumentofthe
incomespolicyinagriculture ;whereasfulladvantage
cannotbedrawnfromsuchapolicyunlessitisinte­
gratedintothecommonagriculturalpolicyasa
whole,includingadynamicsocialandstructural
policyandtheapplicationoftherulesoncompetition
containedintheTreaty;
Whereasthecommonagriculturalpricesmustbe
fixedbyamethodwhichtakesaccountofobjective
criteria;whereas,whenthosepricesarefixed,account
shouldalsobetakenoftheobjectivesofthecommon
agriculturalpolicyandofthecontributionwhichthe
Communitydesirestomaketotheharmoniousdeve­
lopmentofworldtrade;whereastheobjectivesofthe
commonagriculturalpolicyareinparticulartoensure
afairstandardoflivingfortheagriculturalcommu­
nity,toensurethatsuppliesareavailableandthatthey
reachconsumersatreasonableprices;Whereas,ontheotherhand,inthecaseofcommon
wheat,theinterventionpriceshouldbefixed,asatran­
sitionalmeasure,atalevelcorresponding tothe
minimumbreadmaking quality;whereas,incalcu­
latingthisprice,accountshouldbetakeninparticular
ofthedifferenceinreturnbetweentheproductionof
thiscommonwheatofminimumbreadmakingquality
andthatofcommonwheatofnon-breadmaking
quality,whichdifferencecanatpresentbeassessedat
13%;whereasthethirdsubparagraphofArticle4(2)
ofRegulation (EEC)No2727/75providesthatinthis
casenoreferencepriceneedbefixed;
(')OJNoL281,1.11.1975,p.1.Whereas,pursuanttoArticle4(1)ofRegulation(EEC)
No2727/75,ifthederogationprovidedforinthat
Regulationisinvoked,thecommontargetpricefor
barleyandmaizeisfixedforthe1976/77marketing
yearusingthelevelofthesingleinterventionpricefor
barleyasthelevelforthecommonsingleintervention
price;whereasparagraph2(3)ofthatArticlelays
downthat,incalculatingthetargetpriceforcommon
wheat,theinterventionpriceforthiscerealshouldbe
usedinsteadofitsreferenceprice;(2)Seepage1ofthisOfficialJournal.
(3)OJNo174,31.7.1967,p.1.
(4)OJNoL72,20.3.1975,p.18.
(5)OJNoC53,8.3.1976,p.24.
(6)OJNoC50,4.3.1976,p.19.

NoL130/18 OfficialJournaloftheEuropeanCommunities 19.5.76
themeasuresprovidedforinrespectoftheexchange
ratestobeappliedinagriculture,entailthefixingof
thosepricesatthelevelsshownintheAnnexes,
HASADOPTED THISREGULATION :
Article1Whereasthetargetpriceforricemustbefixedata
ratewhichtakesaccountofthelevelsandintended
trendsofproduction,theusemadeoftheproductand
theimprovement offarmincomes;
WhereastheAriesandVercelliinterventionpricesfor
paddyriceshouldbederivedfromthetargetpricefor
huskedrice,inaccordancewiththecriteriasetoutin
Article4(3)ofRegulationNo359/67/EEC;
Whereasapplicationofthesecriteriaentailsfixingthe
sameinterventionpricesforAriesandVercelliata
levelhigherthanthatadoptedforthepreceding
marketingyear;
Whereas,inrespectoftheproductsreferredtointhis
Regulation,theapplicationofthecriteriaforthe
fixingofthedifferentprices,andtheapplicationofForthe1976/77marketingyear,thecerealandrice
pricesshallbethosefixedintheAnnexes.
Article2
ThisRegulationshallenterintoforceonthethirdday
followingitspublicationintheOfficialJournalof
theEuropeanCommunities .
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,17May1976.
FortheCouncil
ThePresident
J.HAMILIUS

19.5.76 OfficialJournaloftheEuropeanCommunities NoL130/19
ANNEXI
CEREALS
u.a./metricton
COMMONWHEAT
Singleinterventionpriceforcommonwheatofminimumbreadmaking
quality:
—inDenmark 126-72
—inIreland 127-88
—intheUnitedKingdom 112-42
—intheotherMemberStates 131-00
Targetprice 152-00
RYE
Singleinterventionprice124-00
Targetprice 149-15
BARLEY
Singleinterventionprice:
—inDenmark 112-41
—inIreland 109-86
—intheUnitedKingdom 98-52
—intheotherMemberStates 11600
Targetprice 137-80
MAIZE
Singleinterventionprice 112-20
Targetprice 137-80
DURUMWHEAT
Singleinterventionprice 202-00
Targetprice 218-80
ANNEX11
RICE
u.a./metricton
(a)Targetpriceforhuskedrice 284-52
(b)Interventionpriceforpaddyrice(AriesandVercelli) 164-16