2.6.77 OfficialJournaloftheEuropeanCommunities NoL136/3
COUNCILREGULATION (EEC)No1152/77
of17May1977
fixingcerealpricesforthe1977/78marketingyear
THECOUNCILOFTHEEUROPEAN
COMMUNITIES ,Whereas,ontheotherhand,inthecaseofcommon
wheatofbread-making quality,thereferencepricefor
thisproductshouldbefixedatalevelcorresponding
tothemediumbread-making quality;whereas,in
calculatingthisprice,accountshouldbetakeninparti­
cularofthedifferenceinreturnbetweentheproduc­
tionofthiscommonwheatofmediumbread-making
qualityandthatofcommonwheatofnon-bread­
makingquality,whichcanatpresentbeassessedat
15%;whereas,however,forreasonsrelatingtothe
balancebetweenthepricesofcommonwheatand
feedgrain,thereferencepriceforthe1977/78
marketingyearshouldbefixedforaqualitycorres­
pondingtotheminimumrequirements forbread­
making;
Whereas,inrespectoftheproductsreferredtointhis
Regulation,theapplicationofthecriteriaforthe
fixingofthedifferentprices,andtheapplicationof'
themeasuresprovidedforinrespectoftheexchange
ratestobeappliedinagriculture,entailthefixingof
thosepricesatthelevelsshownintheAnnex,HavingregardtotheTreatyestablishingtheEuropean
Community ,andinparticularArticle43thereof,
HavingregardtoCouncilRegulation(EEC)No
2727/75of29October1975onthecommonorganiza­
tionofthemarketincereals(!),aslastamendedby
Regulation (EEC)No1151/77(2),andinparticular
Articles3(6)and4thereof,
HavingregardtotheproposalfromtheCommission ,
HavingregardtotheopinionoftheEuropeanParlia­
ment(3),
HavingregardtotheopinionoftheEconomicand
SocialCommittee(4),
Whereasthemarketsandpricespolicy,basedon
modernizedfarms,isthemaininstrumentofthe
incomespolicyinagriculture ;whereasfulladvantage
cannotbedrawnfromsuchapolicyunlessitisinte­
gratedintothecommonagriculturalpolicyasa
whole,includingadynamicsocialandstructural
policyandtheapplicationoftherulesoncompetition
containedintheTreaty;
Whereastheinterventionpricesandtargetpricesfor
theprincipalcerealsandthereferencepricefor
commonwheatofbread-making qualitymustbefixed
insuchawayastopromoteabalancebetweenthe
differentsectionsofproductiononthebasisofactual
marketrequirementswhileatthesametimeensuring
theimprovement offarmincomes;
Whereas,ontheonehand,inordertoguaranteethe
fluidityoftheCommunitybarleyandmaizemarkets,
itseemsadvisabletomovetowardscompletealign­
ment,accountbeingtakenofthenormalratio
betweentheaveragerelativevaluesofthesetwo
cerealsforuseinanimalfeed;whereas,however,to
avoidtoosharpariseintheinterventionpricefor
maizefor1977/78,thedifferencebetweenthesingle
interventionpriceformaizeandthatforbarley,
consideredasthesinglecommoninterventionprice,
shouldonlybereducedbyhalf;HASADOPTEDTHISREGULATION :
Article1
1.BywayofderogationfromArticle3(1)ofRegu­
lation(EEC)No2727/75,forthe1977/78marketing
year,thesingleinterventionpricesforcommonwheat,
barleyandmaizemaybefixedatalevelwhichisnot
common .
Intheabovecase,thesinglecommonintervention
priceonwhichthecommontargetpriceforbarley
andmaizeisbasedshallbethesingleintervention
priceforbarley.
2.BywayofderogationfromArticle3(4)ofRegu­
lation(EEC)No2727/75,forthe1977/78marketing
year,thereferencepriceforcommonwheatofbread­
makingqualityshallbecalculatedbyaddingtothe
singleinterventionpriceforcommonwheatan
amountreflectingthedifferenceinreturnbetweenthe
productionofcommonwheatofbread-making quality
oftheminimumqualityandthatofcommonwheat
ofnon-bread-making quality.(')OJNoL281,1.11.1975,p.1.
(2)Seepage1ofthisOfficialJournal
(3)OJNoC93,18.4.1977,p.11.
(4)OJNoC77,30.3.1977,p.15.

NoL136/4 OfficialJournaloftheEuropeanCommunities 2.6.77
Article2 Article3
ThisRegulationshallenterintoforceonthethirdday
Forthe1977/78marketingyear,cerealpricesshallbefollowingitspublicationintheOfficialJournalof
thosefixedintheAnnexhereto. theEuropeanCommunities .
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,17May1977.
FortheCouncil
ThePresident
J.SILKIN

2.6.77 OfficialJournaloftheEuropeanCommunities NoL136/5
ANNEX
(u.aJl000kg)
COMMONWHEAT
Singlecommoninterventionprice:
—inDenmark 118-10
—inIrelandi 118-63
—intheUnitedKingdom 111-55
—intheotherMemberStates 120-06
Referenceprice,bread-making quality:
—inDenmark 133-58
—inIreland 132-07
—intheUnitedKingdom 125-44
—intheotherMemberStates 135-59
Targetprice 158-08
RYE
Singleinterventionprice 128-96
Targetprice 155-12
BARLEY
Singlecommoninterventionprice:
—inDenmark 118-21
—inIreland 116-88
—intheUnitedKingdom 111-01
—intheotherMemberStates 120-06
Targetprice 144-97
MAIZE
Singleinterventionprice 118-03
Targetprice 144-97
DURUMWHEAT
Singleinterventionprice 203-01
Targetprice 224-27
From1January1978,theinterventionpricesandreferencepricesapplicableinthenewMember
StatesshallbethoseapplicableintheotherMemberStates.