28.5.77 OfficialJournaloftheEuropeanCommunities NoL134/9
COUNCILREGULATION (EEC)No1112/77
of17May1977
fixing,forthe1977/78sugaryear,thesugarprices,thestandardqualityofbeet
andthecoefficientforcalculatingthemaximumquota
THECOUNCILOFTHEEUROPEAN
COMMUNITIES ,Whereastheminimumpriceforbeetmusttake
accountoftheinterventionpriceandofthecostsof
processinganddeliveringthebeettofactoriesandbe
basedonanestimatedCommunityyieldof130kilo­
gramsofwhitesugarpertonneofbeetwitha16%
sugarcontent;
Whereastheabovementioned standardcostsmaybe
estimatedat13-27unitsofaccountper100kilograms
ofwhitesugar;whereasthatstandardamountismade
upofthesumoftherealprocessingmargin,ignoring
sugarstoragecosts,estimatedat11-68unitsof
account,thecostsofdeliveringthebeettofactories,
estimatedat2-32unitsofaccount,andthecost
relatingtotheminimumstocknotcoveredbythe
offsettingofstoragecosts,estimatedataflat-rate
amountof0-10unitofaccount,lessaflat-rateamount
of0-83unitofaccountrepresentingfactories'receipts
fromthesaleofmolassescalculatedonthebasisofa
yieldof38-5kilogramspertonneofbeetprocessed
andanex-factorypriceformolassesof2-80unitsof
accountper100kilogramsofmolasses;
Whereasthestandardqualitychosenforbeetshould
beaqualitywhichtakesaccountofproductioncharac­
teristicsinthemainbeet-producing areasofthe
Community ;
Whereasinthelightofproductiontrendsresulting
fromspecializationontheonehandoftheCommu­
nity'ssugarrequirements ,andpossibleoutletsonthe
other,thecoefficientforthemaximumquotaslaid
downinArticle25ofRegulation(EEC)No3330/74
shouldbefixedat1-35,HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,andinparticularArticle43
thereof,
HavingregardtoCouncilRegulation (EEC)No
3330/74of19December1974onthecommonorgani­
zationofthemarketinsugar('),aslastamendedby
Regulation(EEC)No1110/77(2),andinparticular
Articles2(2),3(5)and4(3)andthesecondsubpara­
graphofArticle25(2)thereof,
HavingregardtotheproposalfromtheCommission ,
HavingregardtotheopinionoftheEuropeanParlia­
ment(3),
HavingregardtotheopinionoftheEconomicand
SocialCommittee (4),
Whereas,whensugarpricesarefixed,accountshould
betakenoftheobjectivesofthecommonagricultural
policyandofthecontributionwhichtheCommunity
desirestomaketotheharmoniousdevelopment of
worldtrade;whereastheobjectivesofthecommon
agriculturalpolicyareinparticulartoensureafair
standardoflivingfortheagriculturalcommunity ,to
ensurethatsuppliesareavailableandthattheyreach
consumersatreasonableprices;
Whereas,inordertoattaintheseobjectives,thetarget
priceforsugarmustbefixedatalevelwhich,taking
intoaccountinparticulartheresultantlevelofthe
interventionprice,ensuresafairremuneration for
beetandsugarcaneproducerswhileatthesametime
respectingconsumers'interests,andwhichislikelyto
maintainthebalancebetweenthepricesoftheprin­
cipalagriculturalproducts;
Whereas,asaresultofthecharacteristics ofthesugar
market,therisksinvolvedinthistradearerelatively
slight;whereas,consequently ,whentheintervention
priceforsugarisbeingfixed,thedifferencebetween
thetargetpriceandtheinterventionpricemaybe
fixedatarelativelylowlevel;HASADOPTEDTHISREGULATION :
Article1
ThisRegulationshallapplytothe1977/78sugaryear.
Article2
(')OJNoL359,31.12.1974,p.1.
(2)Seepage1ofthisOfficialJournal.
(3)OJNoC93,18.4.1977,p.11. 1.Thetargetpriceforwhitesugarshallbe34-56
unitsofaccountper100kilograms . (4)OJNoC77,30.3.1977,p.1.5.

NoL134/10 OfficialJournaloftheEuropeanCommunities 28.5.77
Article4
Standardqualitybeetshall:2.Theinterventionpriceforwhitesugarshallbe
32-83unitsofaccountper100kilograms.
3.Theareahavingthelargestsurplusconsistsof
thefollowingFrenchdepartments :Asine,Oise,
Somme.(a)beofsound,genuineandmerchantable quality;
(b)haveasugarcontentof16%atthereception
point.
Article3
Article5
Theminimumpriceforbeetfortheareareferredto
inArticle2(3)shallbe25-43unitsofaccountper
tonnedeliveredatthecollectioncentre.ThecoefficientreferredtoinArticle25(1)ofRegula­
tion(EEC)No3330/74shallbe1-35.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,17May1977.
FortheCouncil
ThePresident
J.SILKIN