CELEX: 31977R1152
Language: en
Date: 1977-05-17 00:00:00
Title: Council Regulation (EEC) No 1152/77 of 17 May 1977 fixing cereal prices for the 1977/78 marketing year

2. 6. 77                                 Official Journal of the European Communities                          No L 136/3
                                         COUNCIL REGULATION (EEC) No 1152/77
                                                           of 17 May 1977
                                     fixing cereal prices for the 1977/78 marketing year
 THE COUNCIL OF THE EUROPEAN                                         Whereas, on the other hand, in the case of common
  COMMUNITIES,                                                       wheat of bread-making quality, the reference price for
                                                                     this product should be fixed at a level corresponding
  Having regard to the Treaty establishing the European              to the medium bread-making quality ; whereas, in
 Community, and in particular Article 43 thereof,                    calculating this price, account should be taken in parti­
                                                                     cular of the difference in return between the produc­
                                                                     tion of this common wheat of medium bread-making
 Having regard to Council Regulation (EEC) No                        quality and that of common wheat of non-bread­
 2727/75 of 29 October 1975 on the common organiza­                  making quality, which can at present be assessed at
 tion of the market in cereals ( ! ), as last amended by              15% ; whereas, however, for reasons relating to the
 Regulation (EEC) No 1 151 /77 (2), and in particular                balance between the prices of common wheat and
 Articles 3 (6) and 4 thereof,                                       feed grain, the reference price for the 1977/78
                                                                     marketing year should be fixed for a quality corres­
 Having regard to the proposal from the Commission,                  ponding to the minimum requirements for bread­
                                                                     making ;
 Having regard to the opinion of the European Parlia­
 ment (3),                                                           Whereas, in respect of the products referred to in this
                                                                     Regulation, the application of the criteria for the
 Having regard to the opinion of the Economic and                    fixing of the different prices, and the application of '
 Social Committee (4),                                               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 Annex,
 Whereas the markets and prices policy, based on
 modernized farms, is the main instrument of the
 incomes policy in agriculture ; whereas full advantage
 cannot be drawn from such a policy unless it is inte­
grated into the common agricultural policy as a
 whole, including a dynamic social and structural                    HAS ADOPTED THIS REGULATION :
 policy and the application of the rules on competition
 contained in the Treaty ;
                                                                                              Article 1
Whereas the intervention prices and target prices for
 the principal cereals and the reference price for
 common wheat of bread-making quality must be fixed                   1 . By way of derogation from Article 3 ( 1 ) of Regu­
 in such a way as to promote a balance between the                   lation (EEC) No 2727/75, for the 1977/78 marketing
 different sections of production on the basis of actual             year, the single intervention prices for common wheat,
 market requirements while at the same time ensuring                 barley and maize may be fixed at a level which is not
 the improvement of farm incomes ;                                   common .
Whereas, on the one hand, in order to guarantee the
fluidity of the Community barley and maize markets,                  In the above case, the single common intervention
 it seems advisable to move towards complete align­                  price on which the common target price for barley
ment, account being taken of the normal ratio                        and maize is based shall be the single intervention
between the average relative values of these two                     price for barley.
cereals for use in animal feed ; whereas, however, to
avoid too sharp a rise in the intervention price for                 2. By way of derogation from Article 3 (4) of Regu­
maize for 1977/78 , the difference between the single                lation (EEC) No 2727/75, for the 1977/78 marketing
intervention price for maize and that for barley,                    year, the reference price for common wheat of bread­
considered as the single common intervention price,                  making quality shall be calculated by adding to the
should only be reduced by half ;                                     single intervention price for common wheat an
                                                                     amount reflecting the difference in return between the
(')  OJ  No L 281 , 1 . 11 . 1975, p. 1 .
(2)  See page 1 of this Official Journal                             production of common wheat of bread-making quality
(3)  OJ  No C 93, 18 . 4 . 1977, p . 11 .                            of the minimum quality and that of common wheat
(4 ) OJ  No C 77, 30 . 3 . 1977 , p . 15 .                           of non-bread-making quality.
 ---pagebreak--- No L 136/4                      Official Journal of the European Communities                               2. 6. 77
                     Article 2                                                     Article 3
                                                            This Regulation shall enter into force on the third day
For the 1977/78 marketing year, cereal prices shall be      following its publication in the Official Journal of
those fixed in the Annex hereto.                            the European Communities.
             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
 ---pagebreak--- 2. 6. 77                        Official Journal of the European Communities                                     No L 136/ 5
                                                      ANNEX
                                                                                        (u.aJl 000 kg)
         COMMON WHEAT
         Single common intervention price :
         — in Denmark                                                                                  118-10
         — in Ireland i                                                                                118-63
         — in the United Kingdom                                                                       1 1 1 -55
         — in the other Member States                                           120-06
         Reference price, bread-making quality :
         — in Denmark                                                                                  133-58
         — in Ireland                                                                                  132-07
         — in the United Kingdom                                                                       125-44
         — in the other Member States                                           135-59
         Target price                                                           158-08
         RYE
         Single intervention price                                              128-96
         Target price                                                           155-12
         BARLEY
         Single common intervention price :
         — in Denmark                                                                                  118-21
         — in Ireland                                                                                  1 1 6-88
         — in the United Kingdom                                                                       111-01
         — in the other Member States                                           120-06
         Target price                                                           1 44-97
         MAIZE
         Single intervention price                                              118-03
         Target price                                                           1 44-97
         DURUM WHEAT
         Single intervention price                                              203-01
         Target price                                                           224-27
         From 1 January 1978, the intervention prices and reference prices applicable in the new Member
         States shall be those applicable in the other Member States.