Council Regulation (EC) No 1363/2000 of 19 June 2000 fixing certain sugar prices and the standard quality of beet for the 2000/2001 marketing year
Date: 2000-06-19
Institutions: Council of the European Union
Subjects: fixing of prices, intervention price, sugar, sugar beet, target price

29.6.2000

EN

Official Journal of the European Communities

L 156/1

I

(Acts whose publication is obligatory)

COUNCIL REGULATION (EC) No 1363/2000

of 19 June 2000

fixing certain sugar prices and the standard quality of beet for the 2000/2001 marketing year

THE COUNCIL OF THE EUROPEAN UNION,

(4)

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 (2),

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 of white sugar per tonne of beet with a 16 %
sugar content,

Having regard to the opinion of the European Parliament (3),

HAS ADOPTED THIS REGULATION:

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

Article 1

Whereas:

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

(2)

(3)

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
the same time respecting the
producers while at
consumers' interests and which is likely to maintain the
balance between the prices of the principal agricultural
products.

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

(1) OJ L 252, 25.9.1999, p. 1.
(2) OJ C 86E, 24.3.2000, p. 5.
(3) Opinion of

the European Parliament of 16 May 2000 (not yet

published in the Official Journal).

(4) OJ C 168, 16.6.2000, p. 17.

The target price for white sugar shall be EUR 66,50/

1.
100 kg.

The

2.
EUR 63,19/100 kg
Community.

intervention price
the

for

for white
non-deficit

sugar
areas

shall be
the

of

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.

Article 4

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

It shall apply for the 2000/2001 marketing year.

L 156/2

EN

Official Journal of the European Communities

29.6.2000

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

Done at Luxembourg, 19 June 2000.

For the Council

The President

L. CAPOULAS SANTOS