31976R1151

19 . 5 . 76 Official Journal of the European Communities No L 130/ 17

COUNCIL REGULATION ( EEC) No 1151 / 76 of 17 May 1976 fixing cereal and rice prices for the 1976/77 marketing year

THE COUNCIL OF THE EUROPEAN Whereas the intervention prices and target prices for COMMUNITIES , the principal cereals must be fixed in such a way as to promote a balance between the different sections of Having regard to the Treaty establishing the European production on the basis of actual market require­ Economic Community, and in particular Article 43 ments, while at the same time ensuring the improve­ thereof, ment of farm incomes ;

Having regard to Council Regulation ( EEC) No 2727/75 of 29 October 1975 on the common organiza­ Whereas, in order to facilitate transition from the tion of the market in cereals ('), as last amended by arrangements applied during the 1975/76 marketing Regulation ( EEC) No 11 43 /76 ( 2), and in particular year to those laid down in Article 3 of Regulation Articles 3 ( 6) and 4 thereof, ( EEC) No 2727/75, the principle of fixing the single intervention prices for common wheat, barley and maize at a common level may, under Article 4 of that Having regard to Council Regulation 359/67/ EEC of 25 July 1967 on the common organization of the Regulation , be waived for the 1976/77 marketing year ; market in rice (3 ), as last amended by Regulation ( EEC) No 668 /75 (4), and in particular Articles 2 (4) and 4 (4) thereof, Whereas, on the one hand , in order to guarantee the Having regard to the proposal from the Commission, fluidity of the Community barley and maize markets, while at the same time avoiding excessive price Having regard to the opinion of the European Parlia­ increases, it seems advisable that, in a first stage, the ment (5 ), intervention prices for these products should only be moved towards alignment, pending complete align­ ment, account being taken of the normal ratio Having regard to the opinion of the Economic and between the average relative values of these two Social Committee (6), cereals for use in animal feed ;

Whereas the markets and prices policy, based on modernized farms, is the main instrument of the Whereas, on the other hand, in the case of common incomes policy in agriculture ; whereas full advantage wheat, the intervention price should be fixed, as a tran­ cannot be drawn from such a policy unless it is inte­ sitional measure, at a level corresponding to the grated into the common agricultural policy as a whole , including a dynamic social and structural minimum breadmaking quality ; whereas, in calcu­ lating this price, account should be taken in particular policy and the application of the rules on competition of the difference in return between the production of contained in the Treaty ; this common wheat of minimum breadmaking quality and that of common wheat of non-breadmaking Whereas the common agricultural prices must be quality, which difference can at present be assessed at fixed by a method which takes account of objective 13 % ; whereas the third subparagraph of Article 4 (2) criteria ; whereas, when those prices are fixed, account of Regulation ( EEC) No 2727/75 provides that in this should also be taken of the objectives of the common case no reference price need be fixed ; agricultural policy and of the contribution which the Community desires to make to the harmonious deve­ lopment of world trade ; whereas the objectives of the common agricultural policy are in particular to ensure Whereas, pursuant to Article 4 ( 1 ) of Regulation (EEC) a fair standard of living for the agricultural commu­ No 2727/75, if the derogation provided for in that nity, to ensure that supplies are available and that they Regulation is invoked , the common target price for reach consumers at reasonable prices ; barley and maize is fixed for the 1976/77 marketing year using the level of the single intervention price for (') OJ No L 281 , 1 . 11 . 1975, p . 1 . barley as the level for the common single intervention (2) See page 1 of this Official Journal . price ; whereas paragraph 2 (3) of that Article lays (3) OJ No 174, 31 . 7 . 1967, p. 1 . down that, in calculating the target price for common (4) OJ No L 72, 20 . 3 . 1975, p . 18 . (5) OJ No C 53 , 8 . 3 . 1976, p . 24. wheat, the intervention price for this cereal should be (6) OJ No C 50 , 4. 3 . 1976, p . 19 . used instead of its reference price ;

No L 130/ 18 Official Journal of the European Communities 19 . 5 . 76

Whereas the target price for rice must be fixed at a the measures provided for in respect of the exchange rate which takes account of the levels and intended rates to be applied in agriculture, entail the fixing of trends of production, the use made of the product and those prices at the levels shown in the Annexes, the improvement of farm incomes ; Whereas the Aries and Vercelli intervention prices for HAS ADOPTED THIS REGULATION : paddy rice should be derived from the target price for husked rice, in accordance with the criteria set out in Article 1 Article 4 (3) of Regulation No 359/67/ EEC ; For the 1976/77 marketing year, the cereal and rice Whereas application of these criteria entails fixing the prices shall be those fixed in the Annexes. same intervention prices for Aries and Vercelli at a level higher than that adopted for the preceding marketing year ; Article 2

Whereas, in respect of the products referred to in this This Regulation shall enter into force on the third day Regulation, the application of the criteria for the following its publication in the Official Journal of fixing of the different prices, and the application of the European Communities.

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

Done at Brussels , 17 May 1976 . For the Council The President

J. HAMILIUS

19 . 5 . 76 Official Journal of the European Communities No L 130 / 19

ANNEX I

CEREALS

u. a. / metric ton

COMMON WHEAT Single intervention price for common wheat of minimum breadmaking quality : — in Denmark 126-72 — in Ireland 127-88 — in the United Kingdom 112-42 — in the other Member States 131-00 Target price 152-00

RYE Single intervention price 1 24-00 Target price 149-15

BARLEY Single intervention price : — in Denmark 112-41 — in Ireland 109-86 — in the United Kingdom 98-52 — in the other Member States 11600 Target price 137-80

MAIZE Single intervention price 112-20 Target price 137-80

DURUM WHEAT Single intervention price 202-00 Target price 218-80

ANNEX 11

RICE

u. a. / metric ton

(a) Target price for husked rice 284-52 (b) Intervention price for paddy rice (Aries and Vercelli) 164-16