31974R1427

8 . 6 . 74 Official Journal of the European Communities No L 151 / 1

I

(Acts whose publication is obligatory)

REGULATION ( EEC) No 1427/ 74 OF THE COUNCIL of 4 June 1974 fixing the threshold prices for cereals for the 1974/75 marketing year

THE COUNCIL OF THE EUROPEAN Whereas the threshold prices for other cereals for COMMUNITIES , which no target price is fixed must, in accordance with Article 5 (2) of Regulation No 120/67/EEC, be so Having regard to the Treaty establishing the European determined that the target price for the principal Economic Community ; cereals in competition with these products may be Having regard to Council Regulation No 120/ reached on the Duisburg market, 67/EEC ( 1 ) of 13 June 1967 on the common organiza­ HAS ADOPTED THIS REGULATION : tion of the market in cereals, as last amended by Regu­ lation (EEC) No 11 25/74 (2), and in particular Article Sole Article 5 (5) (b) threof ; For the 1974/75 marketing year, the threshold prices Having regard to the proposal from the Commission ; for cereals shall be as follows : Whereas, in accordance with Article 5 ( 1 ) of Regula­ u.a./1 000 kg tion No 120/67/EEC, the threshold price for the prin­ Common wheat and mesiin 119-00 cipal cereals must be fixed in such a way that the Rye 116-20 selling price for the imported product on the Duis­ Barley 107-70 burg market will be the same as the target price ; Maize 106-60 whereas, by deducting from the target price the most Durum wheat 180-00 advantageous transport costs between Rotterdam and Oats 101-24 Duisburg, transhipment charges at Rotterdam and a Buckwheat 102-32 trading margin, this objective may be attained ; Sorghum 105-55 * whereas the target prices were fixed for the 1974/75 Millet 103-93 marketing year by Regulation (EEC) No 1 1 26/74 (3) ; Canary seed 102-32

This Regulation shall be binding in its entirety and directly applicable in all Member States .

Done at Luxembourg, 4 June 1974. For the Council The President J. ERTL

(•) OJ No 117, 19 . 6. 1967, p. 2269/67. (2) OJ No L 128 , 10 . 5 . 1974, p. 12 . (3) OJ No L 128 , 10 . 5 . 1974, p. 14.