Council Regulation (EEC) No 1333/86 of 6 May 1986 amending Regulation (EEC) No 1678/85 fixing the conversion rates to be applied in agriculture

COUNCIL REGULATION (EEC) No  1333/86 of 6 May 1986 amending Regulation (EEC) No 1678/85 fixing the conversion rates to be  applied in agriculture
THE COUNCIL OF THE EUROPEAN COMMUNITIES
, Having regard to  the Treaty establishing the European Economic Community, Having regard to Council Regulation (EEC)  No 1676/85 of 11 June 1985 on the value of the unit of account and the conversion rates to be  applied for the purposes of the common agricultural policy  (1), and in particular Article 2  (3)  thereof, Having regard to the proposal from the Commission  (2), Having regard to the opinion of  the European Parliament  (3), Having regard to the opinion of the Monetary Committee, Whereas the  representative rates currently applicable were fixed by Council Regulation (EEC) No 1678/85 (4), as  last amended by Regulation (EEC) No 505/86 (5); whereas new representative rates closer to present  economic circumstances should be fixed, as part of the fixing of farm prices for the 1986/87  marketing year, for the French franc, the Belgian/Luxembourg franc, the Danish krone, the Irish  pound, the pound sterling, the Italian lira, the Greek drachma, the Spanish peseta and the  Portuguese escudo; whereas advantage should be taken of this opportunity to republish all the  agricultural conversion rates in a new text; Whereas these changes should as a general rule take  effect at the beginning of the marketing year for the product concerned; whereas, however, it is  necessary in certain cases to take into consideration the impact of these adjustments, particularly  on prices, and also the existing situation in the Member States concerned; Whereas, in order to  avoid differing treatment of interdependent products, provision should be made for the new  agricultural conversion rates to apply in the cereals, eggs and poultrymeat, ovalbumin and  lactalbumin sectors with effect from the same date; whereas, for products derived from cereals in  the pigmeat sector, the date on which the new agricultural conversion rates shall apply should be  fixed as 1 August 1986,