31975R2732

No L 281 /30 Official Journal of the European Communities 1 . 11.75

REGULATION (EEC) No 2732/75 OF THE COUNCIL

of 29 October 1975

fixing cereal prices for the 1975/76 marketing year

THE COUNCIL OF THE EUROPEAN COMMUNITIES, HAS ADOPTED THIS REGULATION :

Article 1 Having regard to the Treaty establishing the European Economic Community, and in particular For the 1975/76 marketing year, the target prices Article 43 thereof ; of cereals, the basic intervention price of common Having regard to Council Regulation (EEC) No 2727/ wheat and the guaranteed minimum price of durum wheat shall be as follows : 75 (*) of 29 October 1975 on the common organiz­ ation of the market in cereals, and in particular Article 2 (4) thereof; u.a.lmetric ton

Having regard to the proposal from the Commission ; ( a) Target price: Common wheat 139-44 Having regard to the Opinion of the European Parliament (2 ); Rye 138-74 Barley 126-99 Whereas, when cereal prices are fixed, account should Maize 126-41 be taken of the objectives of the common agricultural Durum wheat 207-33 policy and of the contribution which the Community desires to make to the harmonious development of (b ) Basic intervention price: world trade; whereas the objectives of the common Common wheat 125-93 agricultural policy are in particular to ensure a fair standard of living for the agricultural community, to ( c) Guaranteed minimum price: ensure that supplies are available and that they reach Durum wheat 215-45 consumers at reasonable prices ;

Whereas, moreover, cereals play a major part in the Article 2 agricultural economy of the Community and the 1 . Council Regulation (EEC) No 666/75 (3) of price of cereals affects the price of many agricultural 4 March 1975 fixing cereal prices for the 1975/76 products and therefore the incomes of persons marketing year, is hereby repealed. engaged in agriculture; 2. References to the Regulation repealed by virtue Whereas the target prices of the main cereals must be fixed at rates which take account of the levels and of paragraph 1 shall be construed as references to this Regulation. intended trends of production, the uses made of the products and the improvement of farm incomes ; Article 3 Whereas application of these criteria entails fixing prices at levels higher than those adopted for the This Regulation shall enter into force on 1 November 1975 . preceding marketing year,

This Regulation shall be binding in its entirety and directly applicable in all Member States . Done at Luxembourg, 29 October 1975. For the Council The President G. MARCORA

(*) See page 1 of this Official Journal. (2) Opinion delivered on 16 October 1975 (not yet published in the Official Journal). (8) OJ No L 72, 20. 3 . 1975 , p. 16.