CELEX: 31974R1126
Language: en
Date: 1974-04-29 00:00:00
Title: Regulation (EEC) No 1126/74 of the Council of 29 April 1974 fixing cereal prices for the 1974/75 marketing year

No L 128/ 14                          Official Journal of the European Communities                              10 . 5 . 74
                                REGULATION (EEC) No 1126/74 OF THE COUNCIL
                                                      of 29 April 1974
                                   fixing cereal prices for the 1974/75 marketing year
THE COUNCIL OF THE EUROPEAN COMMUNITIES ,                        and intended trends of production, the uses made
                                                                 of those cereals and the improvement of farm
                                                                 incomes ;
Having regard to the Treaty establishing the
European Economic Community, and in particular
Article 43 thereof;                                              Whereas application of these criteria entails fixing
                                                                 prices at levels higher than those adopted for the
                                                                 preceding marketing year,
Having regard to Council Regulation No 120/67/
EEC (*) of 13 June 1967 on the common organization
of the market in cereals, as last amended by                     HAS ADOPTED THIS REGULATION :
 Regulation (EEC) No 1125/74 (2), and in particular
Article 2 (4) thereof;
                                                                                         Article 1
Having regard to the proposal from the Commission ;
                                                                 For the 1974/75 marketing year, the target prices
                                                                 for cereals, the basic intervention price for common
Having regard to the Opinion of the European                     wheat and the guaranteed minimum price for durum
Parliament ;                                                     wheat shall be as follows :
                                                                                                         Units of account
Whereas, when cereal prices are fixed, account                                                            per 1 000 kg
should be taken of the objectives of the Common                  ( a) 1 arget price :
Agricultural Policy and of the contribution which                     Common wheat                           121·84
the Community desires to make to the harmonious
development of world trade ; whereas the objectives                   Rye                                    119·04
                                                                      Barley                                 110·55
of the Common Agricultural Policy are in particular                   Maize                                  109·45
to ensure a fair standard of living for the agricultural              Durum wheat                            182·83
community, to ensure that supplies are available
and that they reach consumers at reasonable prices ;             (b) Basic intervention price:
                                                                      Common wheat                           110·03
                                                                                              \
Whereas, moreover, cereals play a major part in the
agricultural economy of the Community and the                    (c) Guranteed minimum price for
price of cereals affects the price of many agricultural               durum wheat :                          196·83
products and therefore the incomes of persons
engaged in agriculture ;                                                                Article 2
Whereas the target prices for the main cereals must              This Regulation shall enter into force on 1 August
be fixed at rates which take account of the levels               1974 .
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
              Done at Luxembourg, 29 April 1974 .
                                                                                      For the Council
                                                                                       The President
                                                                                          J. ERTL
(*) OJ No 117, 19. 6. 1967, p. 2269/67.
(2) See page 12 of this Official Journal .