Council Regulation (EEC) No 1909/87 of 2 July 1987 fixing rice prices for the 1987/88 marketing year
Date: 1987-07-02
Institutions: Council of the European Union
Subjects: intervention price, rice, target price













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31987R1909

Council Regulation (EEC) No 1909/87 of 2 July 1987 fixing rice prices for the 1987/88 marketing year  


Official Journal L 182 , 03/07/1987 P. 0054 - 0054 





COUNCIL REGULATION (EEC) No 1909/87 of 2 July 1987 fixing rice  prices for the 1987/88 marketing yearTHE COUNCIL OF THE EUROPEAN COMMUNITIES,  Having regard to the Treaty establishing the European Economic Community, and in particular Article  43 thereof, Having regard to the Act of Accession of Spain and Portugal, and in particular Article  89  (1) thereof, Having regard to Council Regulation (EEC) No 1418/76 of 21 June 1976 on the common  organization of the market in rice  (1), as last amended by Regulation (EEC) No 1907/87  (2), and  in particular Article 3 (3) thereof, Having regard to the proposal from the Commission    (3),  Having regard to the opinion of the European Parliament  (4), Having regard to the opinion of the  Economic and Social Committee  (5), Whereas the markets and prices policy, based on modern farms,  is the main instrument of the incomes policy in agriculture; whereas full advantage cannot be drawn  from such a policy unless it is integrated into the common agricultural policy as a whole,  including a dynamic social and structural policy and the application of the rules on competition  contained in the Treaty; Whereas the intervention price for paddy rice must be fixed at a rate  which takes account of the policy in respect of rice production, with a view to the uses to which  it is put; Whereas the target price for husked rice must be derived from the intervention price for  paddy rice, in accordance with the criteria set out in Article 4 (3) of Regulation (EEC) No  1418/76; Whereas, for the products referred to in this Regulation, the application of the criteria  for the fixing of the different prices and the application of the measures provided for in respect  of the exchange rates to be applied in agriculture entail fixing those prices at the levels  indicated below; Whereas, pursuant to Article 68 of the Act of Accession of Spain and Portugal,  prices in Spain were set at a level differing from that of the common prices; whereas, pursuant to  Article 70 (1) of the Act, these prices should be aligned with the common prices in annual steps at  the beginning of each marketing year; whereas the rules on this alignment laid down give the  Spanish prices set below, HAS ADOPTED THIS REGULATION:Article 1For the 1987/88  marketing year, rice prices are as follows:1.  Community of Ten: (a)  intervention price, paddy  rice: 314,19 ECU per tonne; (b)target price, husked rice: 548,37 ECU per tonne.2.Spain:  (a)intervention price, paddy rice: 259,76 ECU per tonne; (b)target price, husked rice: 548,37 ECU  per tonne. Article 2This Regulation shall enter into force on the day of its publication in the  Official Journal of the European Communities. It shall apply with effect from 1 September 1987.  This Regulation shall be binding in its entirety and directly applicable in all  Member States. Done at Brussels, 2 July 1987. For the Council The President K. E. TYGESEN                                                 (1)  OJ No L 166, 25. 6. 1976, p. 1. (2)  See page 51 of this Official Journal. (3)  OJ No C 89, 3. 4. 1987, p. 13. (4)  OJ No C 156, 15. 6. 1987. (5)  OJ No C 150, 9. 6. 1987, p. 8.