Commission proposal on the prices for agricultural products - Volume III - Legal instruments - Proposal for a COUNCIL REGULATION fixing certain sugar prices and the standard quality of beet for the 2000/01 marketing year
Date: 2000-02-29
Institutions: European Commission
Subjects: basic price, intervention price, product quality, sugar beet, target price, white sugar

24.3.2000

EN

Official Journal of the European Communities

C 86 E/5

2000/0047(CNS)

Proposal for a

COUNCIL REGULATION (EC) No . . .

of . . .

fixing certain sugar prices and the standard quality of beet for the 2000/01 marketing year

(2000/C 86 E/03)

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty establishing the European
Community,

Having regard to Council Regulation (EC) No 2038/1999 of 13
September 1999 on the common organisation of the markets
in the sugar sector (1), and in particular Articles 2(3), 3(4) and
4(3) thereof,

Having regard to the proposal from the Commission,

Having regard to the opinion of the European Parliament,

Having regard to the opinion of
Committee,

the Economic and Social

Whereas:

(1) When sugar prices are fixed, account should be taken of
the objectives of the common agricultural policy. The CAP
seeks in particular to ensure a fair standard of living for the
agricultural
availability of
supplies and to ensure that
they reach consumers at
reasonable prices.

community,

to assure

the

(2) In order to attain those objectives, the target price for sugar
must be fixed at a level which, having regard in particular
to the resultant level of the intervention price, ensures a
fair remuneration for beet and sugar cane producers while
at the same time respecting the consumers’ interests and
which is likely to maintain the balance between the prices
of the principal agricultural products.

(4) The basic price for beet must take account of the inter-
vention price, of undertakings’ revenue from the sale of
molasses, which can be valued at EUR 7,61/100 kg, that
amount being derived from the price of molasses referred
to in Article 14(2) of Regulation (EC) No 2038/1999, that
price being valued at EUR 8,21/100 kg, and of the costs of
processing and delivering the beet to factories and be based
on an estimated Community yield of 130 kg white sugar
per tonne of beet with a 16 % sugar content,

HAS ADOPTED THIS REGULATION:

Article 1

price

for white

sugar

shall

be

The

1.
EUR 66,50/100 kg.

target

The

2.
shall be
EUR 63,19/100 kg for the non-deficit areas of the Community.

intervention price

for white

sugar

Article 2

The basic price for beet applicable in the Community shall be
EUR 47,67/t delivered to the collection centre.

Article 3

Standard quality beet shall:

(a) be of sound and fair merchantable quality;

(b) have a sugar content of 16 % at the reception point.

(3) Given the characteristics of the sugar market, marketing
involves relatively slight risks only. Consequently, when
the difference
the intervention price for sugar is fixed,
between the target price and the intervention price can
be set relatively low.

Article 4

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

(1) OJ L 252, 25.9.1999, p. 1.

It shall apply for the 2000/01 marketing year.

C 86 E/6

EN

Official Journal of the European Communities

24.3.2000

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

Done at Brussels, . . .

For the Council

The President

. . .