Council Regulation (EEC) No 1218/89 of 3 May 1989 fixing the monthly price increases for cereals, wheat and rye flour and wheat groats and meal for the 1989/90 marketing year

COUNCIL REGULATION (EEC) No 1218/89 of 3 May 1989 fixing the monthly price increases for cereals, wheat and rye flour and wheat groats and meal for the 1989/90 marketing year
THE COUNCIL OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation (EEC) No 2727/75 of 29 October 1975 on the common organization of the market in cereals (1), as last amended by Regulation (EEC) No 1213/89 (2), and in particular Article 6 (2) thereof,
Having regard to the proposal from the Commission (3),
Whereas, when the number and amount of the monthly increases are fixed, account should be taken of the storage costs and financing charges for storing cereals in the Community; whereas experience has shown that the level of the monthly increases for  cereals can encourage operators to hold on to cereals; whereas, so that stocks can be disposed
of more smoothly, these increases should be reduced somewhat;
Whereas, as regards the threshold prices for maize and sorghum, the monthly increases are, moreover, determined in accordance with the last subparagraph of Article 5 (1) of Regulation (ECC) No 2727/75,