Council Regulation (EEC) No 1903/87 of 2 July 1987 fixing the monthly price increases for cereals, wheat and rye flour and wheat groats and meal for the 1987/88 marketing year
Date: 1987-07-02
Institutions: Council of the European Union
Subjects: cereals, farm prices, fixing of prices













EUR-Lex - 31987R1903 - EN






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31987R1903

Council Regulation (EEC) No 1903/87 of 2 July 1987 fixing the monthly price increases for cereals, wheat and rye flour and wheat groats and meal for the 1987/88 marketing year  


Official Journal L 182 , 03/07/1987 P. 0045 - 0046 





COUNCIL REGULATION (EEC) No 1903/87 of 2 July 1987 fixing the monthly price increases for  cereals, wheat and rye flour and wheat groats and meal for the 1987/88 marketing year THE COUNCIL OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the  European Economic Community, Having regard to Council Regulation (EEC) No 2727/75 of 29 October  1975 on the common organization of the market in cereals (1), as last amended by Regulation (EEC)  No 1900/87 (2), and in particular Article 6 (2) thereof, Having regard to the proposal from the  Commission (3), Whereas, when the number and amount of the monthly increases are fixed, account  should be taken of the storage costs and financing charges for storing cereals in the Community;  whereas experience has shown that the level of the monthly increases for cereals can encourage  operators to hold on to cereals; whereas, so that stocks can be disposed of more smoothly, these  increases and the number thereof should be reduced somewhat;   Whereas the reasons set out above  are not valid as regards the period during which the monthly increases apply to the target and  threshold prices; whereas the previous period of application should therefore be maintained in the  case of those prices; Whereas, as regards the threshold prices for maize and sorghum, the monthly  increases are, moreover, determined in accordance with the last subparagraph of Article 5 (1) of  Regulation (EEC) No 2727/75, HAS ADOPTED THIS REGULATION:Article 1For the  1987/88 marketing year, the monthly increases to be applied to the target price, threshold price,  intervention price and to the buying-in price referred to in Article 7 (4) of Regulation (EEC) No  2727/75 shall be as set out in this Regulation. Article 2The monthly increases to be applied to  the target price, threshold price, intervention price and to the buying-in price for common wheat,  rye, barley, maize, sorghum and durum wheat, operative for the first month of the marketing year,  shall be as follows: (ECU/tonne) >TABLE>      In the case of maize and sorghum, the  monthly increases for July, August and September shall not apply to the threshold price. Article  3The monthly increases to be applied to the threshold price for meslin, oats, buckwheat, millet  and canary seed, operative for the first month of the marketing year, shall be the same as those  applicable to common wheat, rye and barley. Article 4The monthly increases to be applied to the  threshold price for wheat flour, meslin flour and rye flour and to the threshold price for groats  and meal of common and of durum wheat, operative for the first month of the marketing year, shall  be as follows:(ECU/tonne) >TABLE>Article 5This 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 July 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 281, 1. 11. 1975, p. 1. (2)  See page 40 of this Official Journal. (3)  OJ No C 89, 3. 4. 1987, p. 4.