Council Regulation (EC) No 1400/1999 of 24 June 1999 fixing the target price for milk and the intervention prices for butter and skimmed-milk powder for the 1999/2000 milk marketing year
Date: 1999-06-24
Institutions: Council of the European Union
Subjects: butter, common agricultural policy, intervention price, milk, target price

L 164/10

EN

Official Journal of the European Communities

30. 6. 1999

COUNCIL REGULATION (EC) No 1400/1999

of 24 June 1999

fixing the target price for milk and the intervention prices for butter and
skimmed-milk powder for the 1999/2000 milk marketing year

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty establishing the European
Community,

(3)

Having regard to Council Regulation (EEC) No 804/68 of
27 June 1968 on the common organisation of the market
in milk and milk products (1), and in particular Articles
3(4) and 5 thereof,

Having regard to the proposal from the Commission (2),

Having regard to the opinion of the European Parlia-
ment (3),

Having regard to the opinion of the Economic and Social
Committee (4),

Whereas:

(1) When fixing the common agricultural prices each
year, account should be taken of the objectives of
the common agricultural policy; whereas the ob-
jectives of the common agricultural policy are in
particular to secure a fair standard of living for the
agricultural community and to ensure that supplies
are available and that they reach the consumers at
reasonable prices;

(2)

The target price for milk should bear a balanced
relationship to the prices for other agricultural
products and in particular to the prices for beef and
veal, and be consistent with the desired general
pattern of cattle farming; whereas it is also neces-
sary, in fixing that price, to take account of the
Community’s efforts
to establish a long term
balance between supply and demand on the milk

market, allowing for external trade in milk and
milk products;

for butter

intervention prices

The
and for
skimmed-milk powder are intended to contribute
to the achievement of the target price for milk;
whereas it is necessary to determine price levels in
the light of the overall supply and demand situa-
tion on the Community market in milk and the
opportunities for disposal of butter and skimmed-
milk powder on the Community and world
markets,

HAS ADOPTED THIS REGULATION:

Article 1

For the 1999/2000 milk marketing year, the target price
for milk and the intervention prices for milk products
shall be as follows:

(a) Target price for milk

(b) Intervention prices:

 butter

 skimmed-milk powder

(EUR/100 kg)

30,98

328,20

205,52

Article 2

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

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

Done at Luxembourg, 24 June 1999.

For the Council

The President

J. TRITTIN

(1) OJ L 148, 28.6.1968, p. 13. Regulation as last amended by
Regulation (EC) No 1587/96 (OJ L 206, 16.8.1996, p. 21).

(2) OJ C 59, 1.3.1999, p. 23.
(3) Opinion delivered on 14 April 1999 (not yet published in the

Official Journal).

(4) Opinion delivered on 28 April 1998 (not yet published in the

Official Journal).