29.4.77 OfficialJournaloftheEuropeanCommunities NoL106/17
COUNCILREGULATION (EEC)No872/77
of26April1977
fixingthetargetpriceformilkandtheinterventionpricesforbutter,skimmed­
milkpowderandGranaPadanoandParmigiano •Reggianocheeseforthe
1977/78milkyear
Whereasonlytheinterventionpriceinforcein
IrelandandintheUnitedKingdomforbuttershould
bemovedtowardsalignmentwiththecommonprice
inthe1977/78marketingyear,inaccordancewith
Article52(2)(a)oftheActofAccession;whereasthe
effectofthechangeinpriceswouldbetodisruptthe
processoftheUnitedKingdom'sintegrationintothe
Community ;whereas,therefore,itisadvisableto
limitthealignmentoftheinterventionpricefor
butterobtaininginthatMemberState,inaccordance
withArticle52(3)ofthesaidAct;
Whereas,inaccordancewithArticle52(4)oftheAct
ofAccession,thecommonpricesshallbeappliedin
thenewMemberStatesby1January1978atthe
latest,
HASADOPTED THISREGULATIONTHECOUNCILOFTHEEUROPEAN
COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,andinparticularArticle43
thereof,
HavingregardtoCouncilRegulation (EEC)No
804/68of27June1968onthecommonorganization
ofthemarketinmilkandmilkproducts('),aslast
amendedbyRegulation(EEC)No559/76(2),andin
particularArticles3(4)and5(1)thereof,
HavingregardtotheproposalfromtheCommission ,
HavingregardtotheopinionoftheEuropeanParlia­
ment(3),
HavingregardtotheopinionoftheEconomicand
SocialCommittee(4),
Whereas,whenfixingthecommonagriculturalprices,
accountshouldbetakenoftheobjectivesofthe
commonagriculturalpolicyandofthecontribution
whichtheCommunitydesirestomaketotheharmon­
iousdevelopment ofworldtrade;whereastheobjec­
tivesofthecommonagriculturalpolicyareinparti­
culartosecureanequitablestandardoflivingforthe
agriculturalcommunityandtoensurethatsupplies
areavailableandthattheyreachconsumersatreason­
ableprices;
Whereasthetargetpriceformilkshouldbeara
balancedrelationshiptothepricesforotheragricul­
turalproductsandinparticulartothatforbeefand
veal,andbeconsistentwiththeproposedorientation
ofcattlefarming;whereasitisalsonecessary,in
fixingthoseprices,totakeaccountoftheCommu­
nity'seffortstoestablishalong-termbalancebetween
supplyanddemandonthemarketinmilk,allowing
forexternaltradeinmilkandmilkproducts;
Whereastheinterventionpricesforbutterandfor
skimmed-milk powderaredesignedtocontributeto
theachievementofthetargetpriceformilk;whereas
itisnecessarytodeterminethepricelevelsinthe
lightofboththegeneralstateofsupplyanddemand
ontheCommunitymarketinmilkandtheopportuni­
tiesfordisposalofbutterandskimmed-milk powder
ontheCommunityandworldmarkets;
WhereastheinterventionpricesforGranaPadanoand
ParmigianoReggianocheesesmustbefixedinaccor­
dancewiththeciriterialaiddowninArticle5(2)of
Regulation (EEC)No804/68;Article1
Forthe1977/78milkyear,thetargetpriceformilk
andtheinterventionpricesformilkproductsshallbe
asfollows:
u.a./100kg
(a)Targetpriceformilk 17*35
(b)Interventionprice:
butter
—inIreland 226*96
—intheUnitedKingdom 205*45
—intheotherMemberStates
andfrom1January1978in
allMemberStates 230*95
skimmed-milk powder 94*09
GranaPadanocheese
—ofanagefrom30to60days223*72
—ofanageofatleastsixmonths269*34
ParmigianoReggianocheeseofan
ageofatleastsixmonths 292*57
(')OJNoL148,28.6.1968,p.11
(:)OJNoL67,15.3.1976,p.9.
(>)OJNoC93,18.4.1977,p.11.nOJNoC77,30.3.1977,p.15.Article2
ThisRegulationshallenterintoforceon1May1977.

NoL106/18 OfficialJournaloftheEuropeanCommunities 29.4.77
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatLuxembourg ,26April1977.
FortheCouncil
ThePresident
J.SILKIN