OfficialJournaloftheEuropeanCommunities 261
NoL79/2 OfficialJournaloftheEuropeanCommunities 1.4.72
REGULATION (EEC)No647/72OFTHECOUNCIL
of30March1972
fixingthetargetpriceformilkandtheinterventionpricesforbutter,skimmedmilk
powderandGranapadanoandParmigianoReggianocheeseforthe1972/73marketing
year
THECOUNCILOFTHEEUROPEANCOMMUNITIES ,relationshipbetweenthetargetpriceformilkandthe
priceofotheragriculturalproductsandinparticular
thatofbeefandveal,reflectingtheproposed
orientationofstock-breeding ; HavingregardtotheTreatyestablishingthe
EuropeanEconomicCommunity ,andinparticular
Article43thereof:Whereas,furthermore,whenthetargetpriceisfixed
theCommunity'sendeavourstoestablishalong-term
balancebetweensupplyanddemandonthemilk
market,takingintoaccountexternaltradeinmilk
andmilkproducts,shouldbeborneinmind;HavingregardtoCouncilRegulation (EEC)No
804/681of27June1968onthecommonorganization
ofthemarketinmilkandmilkproducts,aslast
amendedbyRegulation (EEC)No1411/71,2andin
particularArticles3(4)and5(1)thereof;
Whereastheinterventionpricesforbutterand
skimmedmilkpowderareintendedtocontributeto
theachievementofthetargetpriceformilk;whereas
theirlevelshouldbedeterminedinthelightbothof
thegeneralsituationofsupplyanddemandonthe
Communitymilkmarketandofthepossibilitiesfor
disposalofbutterandskimmedmilkpowderonthe
Communityandworldmarkets;HavingregardtotheproposalfromtheCommission ;
HavingregardtotheOpinionoftheEuropean
Parliament;
WhereastheinterventionpricesforGranapadano
andParmigianoReggianocheesesmustbefixedat
levelswhichwillgivemilkproducersinareasof.the
Communitywheresuchcheesesqualifyingtobear
thedesignationoforigin,areproducedthesamelong
termsecurityasregardsmilkpricestoproducersas
thatprovidedbytheinterventionmeasuresinrespect
ofskimmedmilkandbutter;Whereas,whenthetargetpriceformilkisfixed,
accountshouldbetakenbothoftheobjectivesofthe
commonagriculturalpolicyandofthecontribution
whichtheCommunitydesirestomaketothe
harmoniousdevelopmentofworldtrade;whereasthe
objectivesofthecommonagriculturalpolicyarein
particulartoensureareasonablestandardofliving
fortheagriculturalcommunity,toensurethat
suppliesareavailableandthattheyreachconsumers
atreasonableprices;
Whereas,therefore,accountshouldbetakenofthe
importanceofmilktotheCommunity'sagricultural
economyandconsequentlytofarmers'incomes;
whereas,moreover,theremustbeabalancedWhereasinviewofthemarketsituationitappears
necessary,forbutter,tomakeanincreaseintwo
stagesandwhereasthisleadstoastagebystage
increaseforGranapadanoandParmigianoReggiano
cheesesalso;
1OJNoL148,28.6.1968,p.13.
2OJNoL148,3.7.1971,p.4.

262 OfficialJournaloftheEuropeanCommunities
HASADOPTEDTHISREGULATION :
Article1
Forthe1972/73marketingyearthetargetpriceformilkandtheinterventionprices
formilkproductsshallbefixedasfollows:
Unitsofaccount
per100kg
from1Aprilto
14Septemberfrom
15September
(a)Targetpriceformilk
(b)Interventionprice:
Butter
Skimmedmilkpowder .
Granapadanocheese11-77
180-00
54-00
142-35
168-55
182-9511-77
186-00
54-00
145-65
171-00
185-40—from30to60days
—inlotsofanaverageageofsixmonths
Parmigiano-Reggiano cheese,inlotsofan
averageageof6months
'Lot'meansonemanufacturer'sproductionduringtheperiod1Aprilto11November
iinagivenyear.
Article2
ThisRegulationshallenterintoforceon1April1972. .'
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30March1972.
FortheCouncil
ThePresident
J.P.BUCHLER