CELEX: 31972R0797
Language: en
Date: 1972-04-17
Title: Regulation (EEC) No 797/72 of the Council of 17 April 1972 fixing cereal prices for the 1972/73 marketing year

Official Journal of the European Communities                                   309
21.4.72                              Official Journal of the European Communities                              No L 94/9
                                REGULATION (EEC) No 797/72 OF THE COUNCIL
                                                     of 17 April 1972 •
                                   fixing cereal prices for the 1972/73 marketing year
THE COUNCIL OF THE EUROPEAN COMMUNITIES,                         uses made of those cereals and the improvement of
                                                                 the profitability of agriculture;
Having regard to the Treaty establishing ( the
European Economic Community, and in particular                   Whereas over recent years target prices and
Article 43 thereof;                                              intervention prices and the guaranteed minimum
                                                                 price have generally been adjusted, but not to a
Having regard to Council Regulation No                           sufficient extent; whereas the prices in question
120/67/EEC1 of 13 June 1967 on the common                        should therefore be increased to compensate as far as
organization of the market in cereals, as last amended           possible for the shortfall;
by Regulation (EEC) No 796/722 and in particular
Articles 2 (4) and 4 (3 ) thereof;                               HAS ADOPTED THIS REGULATION :
Having regard to the proposal from the Commission;
                                                                                       Sole Article
Having regard to the Opinion of the European
Parliament;                                                      For the 1972/73 marketing year the target prices and
                                                                 basic intervention prices for cereals and the
Whereas, when cereal prices are fixed, account                   guaranteed minimum price for durum wheat shall be
should be taken of the objectives of the common                  as follows :
agricultural policy and of the contribution which the                                               Units oj account
Community intends to make to the harmonious                      (a) Target price:                   per 1000 kg
development of world trade ; whereas the objectives                   Common wheat                       113-80
of the common agricultural policy are in particular to                Rye                                105-45
ensure a fair standard of living for the agricultural                 Barley                             104-25
community, to ensure that supplies are available and
                                                                      Maize                              101-75
that they reach consumers at reasonable prices ;
                                                                      Durum wheat                        132-60
Whereas cereals play a major part in the agricultural
economy of the Community and cereal prices affect                (b ) Basic intervention price:
the prices for many agricultural products and                         Common wheat                       104-75
therefore the income of farmers ;                                     Barley                              95-70
                                                                      Rye                                 97-45
Whereas target prices for the main cereals must be
fixed at a rate which takes into account production              (c) Guaranteed minimum
levels, the proposed orientation of production, the                   price for durum wheat              153-80
              This Regulation shall be binding in its entirety and directly applicable in all Member
              States .
              Done at Brussels, 17 April 1972.
                                                                                        For the Council
                                                                                         The President
                                                                                        J. P. BUCHLER
1 OJ No 117, 19.6.1967, p. 2269/67.
2 OJ No L 94, 21.4.1972, p. 7.