CELEX: 31977R1112
Language: en
Date: 1977-05-17 00:00:00
Title: Council Regulation (EEC) No 1112/77 of 17 May 1977 fixing, for the 1977/78 sugar year, the sugar prices, the standard quality of beet and the coefficient for calculating the maximum quota

28 . 5. 77                               Official Journal of the European Communities                          No L 134/9
                                      COUNCIL REGULATION (EEC) No 1112/77
                                                         of 17 May 1977
              fixing , for the 1977/78 sugar year, the sugar prices, the standard quality of beet
                               and the coefficient for calculating the maximum quota
THE COUNCIL OF THE EUROPEAN                                        Whereas the minimum price for beet must take
COMMUNITIES,                                                        account of the intervention price and of the costs of
                                                                    processing and delivering the beet to factories and be
Having regard to the Treaty establishing the European               based on an estimated Community yield of 130 kilo­
Economic Community, and in particular Article 43                   grams of white sugar per tonne of beet with a 16 %
thereof,                                                            sugar content ;
Having regard to Council Regulation (EEC) No                        Whereas the abovementioned standard costs may be
3330/74 of 19 December 1974 on the common organi­                   estimated at 13-27 units of account per 100 kilograms
zation of the market in sugar ('), as last amended by               of white sugar ; whereas that standard amount is made
Regulation (EEC) No 11 10/77 (2), and in particular                 up of the sum of the real processing margin, ignoring
Articles 2 (2), 3 (5) and 4 (3) and the second subpara­             sugar storage costs, estimated at 11-68 units of
graph of Article 25 (2) thereof,                                    account, the costs of delivering the beet to factories,
                                                                    estimated at 2-32 units of account, and the cost
                                                                    relating to the minimum stock not covered by the
Having regard to the proposal from the Commission,                  offsetting of storage costs, estimated at a flat-rate
                                                                    amount of 0-10 unit of account, less a flat-rate amount
Having regard to the opinion of the European Parlia­                of 0-83 unit of account representing factories' receipts
ment (3),                                                           from the sale of molasses calculated on the basis of a
                                                                    yield of 38-5 kilograms per tonne of beet processed
                                                                    and an ex-factory price for molasses of 2-80 units of
Having regard to the opinion of the Economic and
Social Committee (4),                                               account per 100 kilograms of molasses ;
Whereas, when sugar prices are fixed, account should                Whereas the standard quality chosen for beet should
be taken of the objectives of the common agricultural               be a quality which takes account of production charac­
policy and of the contribution which the Community                  teristics in the main beet-producing areas of the
desires to make to the harmonious development of                    Community ;
world trade ; whereas the objectives of the common
agricultural policy are in particular to ensure a fair              Whereas in the light of production trends resulting
standard of living for the agricultural community, to               from specialization on the one hand of the Commu­
ensure that supplies are available and that they reach              nity's sugar requirements, and possible outlets on the
consumers at reasonable prices ;                                    other, the coefficient for the maximum quotas laid
                                                                    down in Article 25 of Regulation (EEC) No 3330/74
Whereas, in order to attain these objectives, the target            should be fixed at 1-35,
price for sugar must be fixed at a level which, taking
into account in particular the resultant level of the
intervention price, ensures a fair remuneration for
beet and sugar cane producers while at the same time
respecting consumers' interests, and which is likely to             HAS ADOPTED THIS REGULATION :
maintain the balance between the prices of the prin­
cipal agricultural products ;
                                                                                           Article 1
Whereas, as a result of the characteristics of the sugar
market, the risks involved in this trade are relatively
slight ; whereas, consequently, when the intervention               This Regulation shall apply to the 1977/78 sugar year.
price for sugar is being fixed, the difference between
the target price and the intervention price may be
fixed at a relatively low level ;
                                                                                           Article 2
(') OJ  No L 359, 31 . 12. 1974, p . 1 .
(2) See page 1 of this Official Journal .
(3) OJ  No C 93 , 18 . 4 . 1977, p. 11 .                            1 . The target price for white sugar shall be 34-56
(4) OJ  No C 77, 30 . 3 . 1977, p. 1.5 .                            units of account per 100 kilograms.
 ---pagebreak--- No L 134/ 10                     Official Journal of the European Communities                               28 . 5. 77
2. The intervention price for white sugar shall be                                Article 4
32-83 units of account per 100 kilograms.
                                                           Standard quality beet shall :
3. The area having the largest surplus consists of
the following French departments : Asine, Oise,            (a) be of sound, genuine and merchantable quality ;
Somme.                                                     (b) have a sugar content of 1 6 % at the reception
                                                               point.
                       Article 3
                                                                                  Article 5
The minimum price for beet for the area referred to
in Article 2 (3) shall be 25-43 units of account per       The coefficient referred to in Article 25 ( 1 ) of Regula­
tonne delivered at the collection centre.                  tion (EEC) No 3330/74 shall be 1-35.
            This Regulation shall be binding in its entirety and directly applicable in all Member
            States.
            Done at Brussels, 17 May 1977.
                                                                      For the Council
                                                                       The President
                                                                         J. SILKIN