CELEX: 31972R0647
Language: en
Date: 1972-03-30 00:00:00
Title: Regulation (EEC) No 647/72 of the Council of 30 March 1972 fixing the target price for milk and the intervention prices for butter, skimmed milk powder and Grana padano and Parmigiano Reggiano cheese for the 1972/73 marketing year

Official Journal of the European Communities                                  261
No L 79/2                             Official Journal of the European Communities                                1.4.72
                                  REGULATION (EEC) No 647/72 OF THE COUNCIL
                                                     of 30 March 1972
             fixing the target price for milk and the intervention prices for butter, skimmed milk
             powder and Grana padano and Parmigiano Reggiano cheese for the 1972/73 marketing
                                                            year
THE COUNCIL OF THE EUROPEAN COMMUNITIES ,                        relationship between the target price for milk and the
                                                                 price of other agricultural products and in particular
                                                                 that of beef and veal, reflecting the proposed
Having regard to the Treaty establishing the                     orientation of stock-breeding;
European Economic Community, and in particular
Article 43 thereof :
                                                                 Whereas, furthermore, when the target price is fixed
                                                                 the Community's endeavours to establish a long-term
Having regard to Council Regulation (EEC) No                     balance between supply and demand on the milk
804/68 1 of 27 June 1968 on the common organization              market, taking into account external trade in milk
of the market in milk and milk products, as last                 and milk products, should be borne in mind ;
amended by Regulation (EEC) No 141 1/71 ,2 and in
particular Articles 3 (4) and 5 ( 1 ) thereof;
                                                                 Whereas the intervention prices for butter and
                                                                 skimmed milk powder are intended to contribute to
Having regard to the proposal from the Commission ;              the achievement of the target price for milk; whereas
                                                                 their level should be determined in the light both of
                                                                 the general situation of supply and demand on the
Having regard to the Opinion of the European                     Community milk market and of the possibilities for
Parliament;                                                      disposal of butter and skimmed milk powder on the
                                                                 Community and world markets ;
Whereas, when the target price for milk is fixed,
account should be taken both of the objectives of the            Whereas the intervention prices for Grana padano
common agricultural policy and of the contribution               and Parmigiano Reggiano cheeses must be fixed at
which the Community desires to make to the                       levels which will give milk producers in areas of .the
harmonious development of world trade; whereas the               Community where such cheeses qualifying to bear
objectives of the common agricultural policy are in              the designation of origin, are produced the same long
particular to ensure a reasonable standard of living             term security as regards milk prices to producers as
for the agricultural community, to ensure that                   that provided by the intervention measures in respect
supplies are available and that they reach consumers             of skimmed milk and butter;
at reasonable prices;
                                                                 Whereas in view of the market situation it appears
Whereas, therefore, account should be taken of the               necessary, for butter, to make an increase in two
importance of milk to the Community's agricultural               stages and whereas this leads to a stage by stage
economy and consequently to farmers' incomes ;                   increase for Grana padano and Parmigiano Reggiano
whereas, moreover, there must be a balanced                      cheeses also ;
1 OJ No L 148 , 28.6.1968, p. 13 .
2 OJ No L 148, 3.7.1971 , p . 4 .
 ---pagebreak--- 262                          Official Journal of the European Communities
    HAS ADOPTED THIS REGULATION :
                                                 Article 1
    For the 1972/73 marketing year the target price for milk and the intervention prices
    for milk products shall be fixed as follows :
                                                                        Units of account
                                                                           per 100 kg
                                                           from 1 April to                 from
                                                             14 September              15 September
     (a) Target price for milk                                   11-77                     11-77
     (b) Intervention price:
         Butter                                                 180-00                    186-00
         Skimmed milk powder.                                    54-00                     54-00
         Grana padano cheese
         — from 30 to 60 days                                   142-35                    145-65
         — in lots of an average age of six months              168-55                    171-00
         Parmigiano-Reggiano cheese, in lots of an
         average age of 6 months                                182-95                    185-40
     'Lot' means one manufacturer's production during the period 1 April to 11 November
    iin a given year.
                                               Article 2
    This Regulation shall enter into force on 1 April 1972.                                   . '
     This Regulation shall be binding in its entirety and directly applicable in all Member
    States .
    Done at Brussels, 30 March 1972.
                                                                                 For the Council
                                                                                  The President
                                                                                 J. P. BUCHLER