CELEX: 31975R0469
Language: en
Date: 1975-02-27 00:00:00
Title: Regulation (EEC) No 469/75 of the Council of 27 February 1975 fixing the target price for milk and the intervention prices for butter, skimmed-milk powder and Grana Padano and Parmigiano Reggiano cheese for the 1975/76 milk year

28 . 2. 75                            Official Journal of the European Communities                           No L 52/ 17
                                 REGULATION (EEC) No 469/75 OF THE COUNCIL
                                                   of 27 February 1975
              fixing the target price for milk and the intervention prices for butter, skimmed-milk
              powder and Grana Padano and Parmigiano Reggiano cheese for the 1975/76 milk year
THE COUNCIL OF THE EUROPEAN                                      Whereas the intervention prices for butter and
COMMUNITIES, '                                                   skimmed-milk powder are intended to contribute to
                                                                 the achievement of the target price for milk ; whereas
                                                                 their level should be determined in the light both of
Having regard to the Treaty establishing the Euro­               the general situation of supply and demand on the
pean Economic Community, and in particular Article               Community milk market and of the possibilities for
43 thereof;                                                      disposal of butter and skimmed-milk powder on the
                                                                 Community and world markets ;
Having regard to Council Regulation (EEC) No 804/
68 (1 ) of 27 June 1968 on the common organization               Whereas the intervention prices for Grana Padano
of the market in milk and milk products, as last                 and Parmigiano Reggiano cheese must be fixed at
amended by Regulation (EEC) No 465/75 (2), and                   levels which will give milk producers in those areas
in particular Articles 3 (4) and 5 ( 1 ) thereof;                of the Community where such cheeses are produced
                                                                 and qualify to bear the designation of origin, the
Having regard to the proposal from the Commission ;              same long-term security as regards milk prices to
                                                                 producers as that provided by the intervention
Having regard to the Opinion of the European                     measures in respect of skimmed milk and butter;
Parliament;
                                                                 Whereas only the intervention price for butter
Having regard to the Opinion of the Economic and                 applied by Ireland and the United Kingdom is to be
Social Committee;                                                aligned in the 1975/76 milk year on the common
                                                                 price in accordance with Article 52 (2) (a) of the
Whereas, when fixing the target price for milk,                  Act of Accession ; whereas the effect of the modifi­
account should be taken both of the objectives of the            cation in prices would be to disrupt the process
common agricultural policy and of the contribution               of the United Kingdom's integration in the Com­
which the Community desires to make to the                       munity ; whereas, therefore, it is advisable to limit
harmonious development of world trade ; whereas                  the alignment of the intervention price for butter
the objectives of the common agricultural policy are             obtaining in that Member State, in accordance with
in particular to ensure a reasonable standard of living          Article 52 (3 ) of the aforesaid Act;
for the agricultural community, to guarantee that
supplies are available and to ensure they reach                  Whereas, in view of the market situation, it would
consumers at reasonable prices ;                                 seem appropriate to increase the target price for milk
                                                                  in two stages ; whereas, as a result, the target prices
Whereas, therefore, account should be taken of the                for butter and Grana Padano and Parmigiano Reg­
importance of milk to the Community's agricultural                giano cheese will also have to be increased in stages ;
 economy and consequently to farmers' incomes ;
 whereas, moreover, there must be a balanced                      Whereas the advantages resulting from the increase
 relationship between the target prices for milk and              in the intervention prices should be extended to
 the price of other agricultural products, in particular          buying-in operations in the framework of inter­
 that of beef and veal , reflecting the proposed orien­           ventions carried out between 3 February and 2 March
 tation of stock-breeding ;                                        1975 inclusive,
Whereas, furthermore, when fixing the target price,
the Community's efforts to establish a long-term                 HAS ADOPTED THIS REGULATION :
balance between supply and demand on the milk
 market, taking into account external trade in milk
 and milk products, should be borne in mind ;                                              Article 1
                                                                   For the 1 975/76 milk year the target price for milk
 O OJ No L 148 , 28 . 6. 1968 , p. 13 .                            and the intervention prices for milk products shall
 (2) See page 8 of this Official Journal .                         be as follows :
 ---pagebreak--- No L 52/ 18                            Official Journal of the European Communities                       28 . 2. 75
                                                                    units of account per 100 kg from
                                                                3 March 197S          16 September 1975
              (a) Target price for milk                                14.92                  15.59
              (b) Intervention price :
                  — butter :
                      — in Ireland                                   184.14                  198.32
                      — in the United Kingdom                        134.19                  143.68
                      — in the other Member States                   194.63                  209-58
                      — skimmed-milk powder                           88.70                   88.70
                  — Grana Padano cheese :
                     — of an age from 30 to 60 days                  195.85                 201.45
                     — of an age of at least six months              230-83                 236.74
                  — Parmigiano Reggiano cheese :
                     of an age of at least six months                250.03                 255-94
                                                          Article 2
             In the case of buying-in operations carried out by the intervention bodies between
             3 February and 2 March 1975 inclusive, these bodies shall pay to sellers, in addition to the
             buying-in price for 1974/75, an amount equal to the difference, expressed in the national
             currency, between this buying-in price and that for the beginning of the marketing year
             1975/76.
            The compensatory amounts fixed in pursuance of Regulation (EEC) No 974/71 ('), shall
            not be affected by the foregoing paragraph.
                                                         Article 3
            This Regulation shall enter into force on 3 March 1975 .
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States .
            Done at Brussels, 27 February 1975 .
                                                                                        For the Council
                                                                                         The President
                                                                                         M. A. CLINTON
            (') OJ No L 106 , 12 . 5 . 19 / 1 , p. 1 .