CELEX: 31976R1421
Language: en
Date: 1976-06-21 00:00:00
Title: Council Regulation (EEC) No 1421/76 of 21 June 1976 fixing cereal and rice prices for the 1976/77 marketing year

25 . 6 . 76                                 Official Journal of the European Communities                          No L 166/ 15
                                           COUNCIL REGULATION (EEC) No 1421/76
                                                           of 21 June 1976
                                fixing cereal and rice prices for the 1976/77 marketing year
THE COUNCIL OF THE EUROPEAN COMMUNITIES ,                              Whereas the intervention prices and target prices for
                                                                       the principal cereals must be fixed in such a way as
                                                                       to promote a balance between the different sections
Having regard to the Treaty establishing the
                                                                       of production on the basis of actual market
European Economic Community, and in particular
Article 43 thereof,
                                                                       requirements, while at the same time ensuring the
                                                                       improvement of farm incomes ;
Having regard to Council Regulation (EEC) No 2727/
75 of 29 October 1975 on the common organization                       Whereas, in order to facilitate transition from the
of the market in cereals (*), as last amended by                       arrangements applied during the 1975/76 marketing
Regulation (EEC) No 1143/76 (2), and in particular                     year to those laid down in Article 3 of Regulation
Articles 3 (6) and 4 thereof,                                          (EEC) No 2727/75 , the principle of fixing the single
                                                                       intervention prices for common wheat, barley and
Having regard to Council Regulation ( EEC) No 1418/                    maize at a common level may, under Article 4 of
76 of 21 June 1976 on the common organization of                       that Regulation, be waived for the 1976/77 marketing
the market in rice (8), and in particular Articles 2 (4)               year ;
and 4 (4) thereof,
Having regard to the proposal from the Commission,                     Whereas, on the one hand, in order to guarantee the
                                                                       fluidity of the Community barley and maize markets,
Having regard to the opinion of the European                           while at the same time avoiding excessive price
Parliament (4),                                                        increases, it seems advisable that, in a first stage,
                                                                       the intervention prices for these products should
Whereas the markets and prices policy, based on                        only be moved towards alignment, pending complete
modernized farms, is the main instrument of the                         alignment, account being taken of the normal ratio
incomes policy in agriculture ; whereas full advantage                  between the average relative values of these two
cannot be drawn from such a policy unless it is                         cereals for use in animal feed ;
integrated into the common agricultural policy as
a whole, including a dynamic social and structural
policy and the application of the rules on competition                  Whereas, on the other hand, in the case of common
contained in the Treaty ;                                               wheat, the intervention price should be fixed, as
                                                                        a transitional measure, at a level corresponding to
Whereas the common agricultural prices must be                          the minimum breadmaking quality ; whereas, in
fixed by a method which takes account of objective                      calculating this price, account should be taken in
criteria ; whereas, when those prices are fixed,                        particular of the difference in return between the
 account should also be taken of the objectives of the                  production of this common wheat of minimum
common agricultural policy and of the contribution                      breadmaking quality and that of common wheat of
which the Community desires to make to the                              non-breadmaking quality, which difference can at
harmonious development of world trade ; whereas the                     present be assessed at 13% ; whereas the third
objectives of the common agricultural policy are in                     subparagraph of Article 4 (2) of Regulation (EEC)
particular to ensure a fair standard of living for the                  No 2727/75 provides that in this case no reference
 agricultural community, to ensure that supplies are                    price need be fixed ;
available and that they reach consumers at
 reasonable prices ;
                                                                        Whereas, pursuant to Article 4 ( 1 ) of Regulation
                                                                         (EEC) No 2727/75, if the derogation provided for
 (1)  OJ No L 281 , 1 . 11 . 1975 , p. 1 .                               in that Regulation is invoked, the common target
 (2)  OJ No L 130, 19. 5. 1976, p. 1 .                                   price for barley and maize is fixed for the 1976/77
 (3)  See page 1 of this Official Journal.                               marketing year using the level of the singfle inter­
 ( 4) OJ No C 53 , 8 . 3 . 1976, p. 43 .                                 vention price for barley as the level for the common
 ---pagebreak--- No L 166/ 16                        Official Journal of the European Communities                                25 . 6. 76
single intervention price ; whereas the third                    HAS ADOPTED THIS REGULATION :
subparagraph of Artide 4 (2) lays down that, in
calculating the target price for common wheat, the
intervention price for this cereal should be used                                        Article 1
instead of its reference price ;
Whereas the target price for rice must be fixed at               For the 1976/77 marketing year, the ciereal and rice
a rate which takes account of the levels and intended            prices shall be those fixed in the Annexes.
trends of production, the use made of the product
and the improvement of farm incomes ;
Whereas the Aries and VerceMi intervention prices                                        Article 2
for paddy rice should be derived from the target
price for husked rice, in accordance with the criteria
set out in Article 4 (3 ) of Regulation (EEC)                    1 . Council Regulation (EEC) No 1151 /76 of
No 1418/76 ;                                                     17 May 1976 fixing cereal and rice prices for the
                                                                 1976/77 marketing year (') is hereby repealed.
Whereas application of these criteria entails fixing
the same intervention prices for Aries and Vercelli              2. References to the Regulation repealed by
at a level higher than that adopted for the preceding
                                                                 paragraph 1 shall be construed as references to this
marketing year;
                                                                 Regulation.
Whereas, in respect of the products referred to in
this Regulation, the application of the criteria for
the fixing of the different prices, and the application                                  Article 3
of the measures provided for in respect of the
exchange rates to be applied in agriculture, entail the
fixing of those prices at the levels shown in the                This Regulation        shall   enter  into  force      on
Annexes,                                                         1 July 1976.
              This Regulation shall be binding in its entirety and directly applicable in all Member States.
              Done at Luxembourg, 21 June 1976.
                                                                                        For the Council
                                                                                         The President
                                                                                          J. HAMILIUS
                                                                 (*) OJ No L 130, 19. 5. 1976, p. 17.
 ---pagebreak--- 25 . 6 . 76                         Official Journal of the European Communities                  No L 166/ 17
                                                        ANNEX I
                                                         CEREALS
                                                                                 units of account
                                                                                  per metric ton
            COMMON WHEAT
            Single intervention price for common wheat of minimum bread-making
            quality :
            — in Denmark                                                              126.72
            — in Ireland                                                              127.88
            — in the United Kingdom                                                   112.42
            — in the other Member States                                              131.00
            Target price                                                              152.00
            RYE
            Single intervention price                                                 124.00
            Target price                                                              149.15
            BARLEY
            Single intervention price :
            — in Denmark                                                              112.41
            — in Ireland                                                              109.86
            — in the United Kingdom                                                    98.52
            — in the other Member States                                              116.00
            Target price                                                              137.80
            MAIZE
            Single intervention price                                                 112.20
            Target price                                                              137.80
            DURUM WHEAT
            Single intervention price                                                 202.00
            Target price                                                              218.80
                                                        ANNEX II
                                                           RICE
                                                                                 units of account
                                                                                  per metric ton
            (a) Target price for husked rice                                          284.52
            (b) Intervention price for paddy rice ( Aries and Vercelli )              164.16