Proposal for a Council Regulation (EC) No ... of ... fixing the monthly increases in the intervention price for cereals for the 1999/2000 marketing year
Date: 1999-02-08
Institutions: European Commission
Subjects: agricultural market, agricultural product, agricultural production, fixing of prices

1.3.1999

EN

Official  Journal  of  the  European  Communities

C  59/1

II

(Preparatory  Acts)

COMMISSION

COMMISSION  PROPOSALS  ON  THE  PRICES  FOR  AGRICULTURAL  PRODUCTS
(1999/2000)

VOLUME  III

Legal  instruments

COM(1999)  38  final  —  Vol.  III

(Submitted  by  the  Commission  on  10  February  1999)

Proposal  for  a

COUNCIL  REGULATION  (EC)  No  . . ./1999

of  . . .  1999

99/0025(CNS)

fixing  the  monthly  increases  in  the  intervention  price  for  cereals  for  the  1999/2000  marketing
year

(1999/C  59/01)

THE  COUNCIL  OF  THE  EUROPEAN  UNION,

Having  regard  to  the  proposal  from  the  Commission,

Having  regard  to  the  Treaty  establishing  the  European
Community,

Having  regard  to  Council  Regulation  (EEC)  No  1766/92
of  30  June  1992  on  the  common  organisation  of  the
market in cereals (1), as last amended by Regulation (EC)
No  923/96 (2),  and  in  particular  Article  3(4)  thereof,

(1)  OJ  L  181,  1.7.1992,  p.  21.
(2)  OJ  L  126,  24.5.1996,  p.  37.

Having  regard 
Parliament,

to 

the  opinion  of 

the  European

Having regard to the opinion of the Economic and Social
Committee,

Whereas,  when  the  amounts  and  the  number  of  the
monthly increases are fixed and the first month in which
they are to apply is determined, account should be taken
of  the  storage  costs  and  financing  charges  for  storing
cereals  in  the  Community  and  of  the  need  to  ensure  that

C  59/2

EN

Official  Journal  of  the  European  Communities

the  disposal  of  stocks  of  cereals  is  in  line  with  market
requirements;

Whereas,  under  the  reform  of  the  common  agricultural
policy,  provision  was  made  for  the  fixing  of  a  single
intervention  price  for  all  cereals;  whereas  this  price  has
been  fixed  at  a  substantially  reduced  level;  whereas  this
fact should be taken into account in the fixing of the size
of  the  monthly  increases;

Whereas  the  intervention  price  for  maize  and  grain
sorghum  applicable  in  July,  August  and  September  is  to
be the price valid in May of the previous marketing year,
in  accordance  with  Article  3(3)  of  Regulation  (EEC)  No
1766/92,

July  1999

August  1999

September  1999

October  1999

November  1999

December  1999

January  2000

February  2000

March  2000

April  2000

May  2000

June  2000

1.3.1999

(EUR/t)

Monthly  increase  in  the  intervention  price

—

—

—

—

1,0

2,0

3,0

4,0

5,0

6,0

7,0

7,0

HAS  ADOPTED  THIS  REGULATION:

Article  1

Article  2

Without  prejudice  to  the  last  subparagraph  of  Article
3(3) of Regulation (EEC) No 1766/92, for the 1999/2000
marketing  year,  the  monthly  increases  to  be  applied  to
the  intervention  price  applicable  for  the  first  month  of
the  marketing  year,  shall  be  as  follows:

This  Regulation  shall  enter  into  force  on  the  third  day
following  its  publication  in  the  Official  Journal  of  the
European  Communities.

It  shall  apply  from  the  1999/2000  marketing  year.

This  Regulation  shall  be  binding  in  its  entirety  and  directly  applicable  in  all  Member  States.

Done  at  . . .

For  the  Council

The  President

. . .