Council Regulation (EEC) No 2226/88 of 19 July 1988 fixing standard qualities for certain cereals and categories of flour, groats and meal and the rules for fixing the threshold prices of these categories of products

COUNCIL REGULATION (EEC) No 2226/88 of 19 July 1988 fixing standard qualities for certain cereals and categories of flour, groats and meal and the rules for fixing the threshold prices of these categories of products
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 2221/88 (2), and in particular Article 5 (5) thereof,
Having regard to the proposal from the Commission (3),
Whereas the threshold prices for oats and the kinds of flour, groats and meal specified in Article 1 (c) of Regulation (EEC) No 2727/75 should correspond to specific standard qualities;
Whereas the standard qualities for which those prices are fixed should correspond as far as possible to the average qualities of those products harvested in the Community;
Whereas the threshold prices for flour, groats and meal should be so fixed as to enable the target prices for basic cereals to be attained and the protection of the processing industry to be ensured;
Whereas those objectives may be attained by fixing a threshold price which allows for the cost of manufacturing these products and an adequate level of protection for the processing industry;
Whereas manufacturing costs may be determined by adding to the value of the cereal an amount representing the milling margin and by subtracting from the total thus obtained, where appropriate, a fixed amount for the value of meal or flour of inferior  quality and other residues of milling;
Whereas, however, when fixing the threshold price for groats and meal of common wheat, a fixed ration representing the relationship between the price of wheat flour and the prices of those products on Community markets should be taken as a basis,
(4) OJ No L 281, 1. 11. 1975, p. 1.
(5) See page 16 of this Official Journal.
(6) OJ No C 139, 30. 5. 1988, p. 7.