Council Regulation (EEC) No 1318/90 of 14 May 1990 fixing the monthly increases in the target price, the intervention price and the intervention buying-in price for rape seed and sunflower seed for the 1990/1991 marketing year

COUNCIL REGULATION (EEC) N° 1318/90
of 14 May  1990
fixing the monthly increases in the target price, the intervention price and the intervention  buying-in price for rape seed and sunflower seed for the 1990/91 marketing year
THE  COUNCIL OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation N° 136/66/EEC of
22 September 1966 on the establishment of a  common organization of the market in oils and fats (1), as last amended by Regulation (EEC) N°  2902/89 (2), and in particular Article 25 thereof,
Having regard to the proposal from the Commission (3),
Whereas, pursuant to Article 25 of Regulation N° 136/66/EEC, the amount by which the target price,  the
intervention price and the intervention buying-in price for rape seed and sunflower seed are to  be increased monthly should be fixed for the 1990/91 marketing year and the number of months during  which those increases are to be applied should be laid down; whereas that amount must be the same  for all three prices;
Whereas those increases, which are to be equal for each month, must be fixed taking account of the  average storage costs and interest recorded in the Community; whereas the average storage costs  should be established on the basis of the cost of storing seed in suitable premises and the cost of  handling necessary for the proper preservation of the seed; whereas the interest may be calculated  on the basis of the rate considered normal for the producing regions,