CELEX: 31977R0872
Language: en
Date: 1977-04-26 00:00:00
Title: Council Regulation (EEC) No 872/77 of 26 April 1977 fixing the target price for milk and the intervention prices for butter, skimmed-milk powder and Grana Padano and Parmigiano Reggiano cheese for the 1977/78 milk year

29 . 4. 77                                Official Journal of the European Communities                         No L 106/ 17
                                         COUNCIL REGULATION ( EEC) No 872/77
                                                          of 26 April 1977
               fixing the target price for milk and the intervention prices for butter, skimmed­
               milk powder and Grana Padano and Parmigiano • Reggiano cheese for the
                                                         1977/78 milk year
THE COUNCIL OF THE EUROPEAN                                          Whereas only the intervention price in force in
COMMUNITIES,                                                         Ireland and in the United Kingdom for butter should
Having regard to the Treaty establishing the European                be moved towards alignment with the common price
Economic Community, and in particular Article 43                     in the 1977/78 marketing year, in accordance with
thereof,                                                             Article 52 (2) (a) of the Act of Accession ; whereas the
                                                                     effect of the change in prices would be to disrupt the
Having regard to Council Regulation (EEC) No                         process of the United Kingdom 's integration into the
804/68 of 27 June 1968 on the common organization                    Community ; whereas, therefore, it is advisable to
of the market in milk and milk products ('), as last                 limit the alignment of the intervention price for
amended by Regulation (EEC) No 559/76 (2), and in                    butter obtaining in that Member State, in accordance
particular Articles 3 (4) and 5 ( 1 ) thereof,                       with Article 52 (3) of the said Act ;
Having regard to the proposal from the Commission,
Having regard to the opinion of the European Parlia­                 Whereas, in accordance with Article 52 (4) of the Act
ment (3),                                                            of Accession, the common prices shall be applied in
                                                                     the new Member States by 1 January 1978 at the
Having regard to the opinion of the Economic and                     latest,
Social Committee (4),
Whereas, when fixing the common agricultural prices,
account should be taken of the objectives of the
common agricultural policy and of the contribution                   HAS ADOPTED THIS REGULATION
which the Community desires to make to the harmon­
ious development of world trade ; whereas the objec­
tives of the common agricultural policy are in parti­                                         Article 1
cular to secure an equitable standard of living for the
agricultural community and to ensure that supplies                   For the 1977/78 milk year, the target price for milk
are available and that they reach consumers at reason­               and the intervention prices for milk products shall be
able prices ;                                                        as follows :
Whereas the target price for milk should bear a                                                                  u.a. /100 kg
balanced relationship to the prices for other agricul­
tural products and in particular to that for beef and                (a) Target price for milk                       17*35
veal, and be consistent with the proposed orientation                (b) Intervention price :
of cattle farming ; whereas it is also necessary, in
                                                                         butter
fixing those prices, to take account of the Commu­
nity's efforts to establish a long-term balance between                  — in Ireland                              226*96
supply and demand on the market in milk, allowing                        — in the United Kingdom                   205*45
for external trade in milk and milk products ;                           — in     the  other  Member    States
Whereas the intervention prices for butter and for                           and from 1 January 1978 in
skimmed-milk powder are designed to contribute to                            all Member States                     230*95
the achievement of the target price for milk ; whereas
 it is necessary to determine the price levels in the                    skimmed-milk powder                        94*09
 light of both the general state of supply and demand                    Grana Padano cheese
on the Community market in milk and the opportuni­
 ties for disposal of butter and skimmed-milk powder                     — of an age from 30 to 60 days            223*72
on the Community and world markets ;                                     — of an age of at least six months        269*34
Whereas the intervention prices for Grana Padano and                      Parmigiano Reggiano cheese of an
 Parmigiano Reggiano cheeses must be fixed in accor­                     age of at least six months                292*57
 dance with the ciriteria laid down in Article 5 (2) of
 Regulation ( EEC) No 804/68 ;
 (')  OJ No  L 148 , 28 . 6 . 1968 , p. 11                                                    Article 2
 (: ) OJ No  L 67, 15 . 3 . 1976, p. 9 .
 (>)  OJ No C  93, 18 . 4 . 1977, p. 1 1 .
 n    OJ No C  77, 30 . 3 . 1977, p. 15 .                            This Regulation shall enter into force on 1 May 1977.
 ---pagebreak--- No L 106/ 18                  Official Journal of the European Communities                        29 . 4 . 77
           This Regulation shall be binding in its entirety and directly applicable in all Member
           States.
           Done at Luxembourg, 26 April 1977.
                                                                    For the Council
                                                                      The President
                                                                        J. SILKIN