31977R0872

29 . 4. 77 No L 106 / 17 Official Journal of the European Communities

COUNCIL REGULATION ( EEC) No 872/ 77 of 26 April 1977 fixing the target price for milk and the intervention prices for butter, skimmed­ milk powder and Grana Padano and Parmigiano • Reggiano cheese for the 1977/78 milk year

THE COUNCIL OF THE EUROPEAN Whereas only the intervention price in force in COMMUNITIES, Ireland and in the United Kingdom for butter should be moved towards alignment with the common price Having regard to the Treaty establishing the European in the 1977/78 marketing year, in accordance with Economic Community, and in particular Article 43 thereof, Article 52 (2) (a) of the Act of Accession ; whereas the effect of the change in prices would be to disrupt the Having regard to Council Regulation (EEC) No process of the United Kingdom 's integration into the 804/68 of 27 June 1968 on the common organization Community ; whereas, therefore, it is advisable to of the market in milk and milk products ('), as last limit the alignment of the intervention price for amended by Regulation (EEC) No 559/76 (2), and in butter obtaining in that Member State, in accordance particular Articles 3 (4) and 5 ( 1 ) thereof, with Article 52 (3) of the said Act ; Having regard to the proposal from the Commission, Whereas, in accordance with Article 52 (4) of the Act Having regard to the opinion of the European Parlia­ of Accession, the common prices shall be applied in ment (3 ), the new Member States by 1 January 1978 at the Having regard to the opinion of the Economic and latest, Social Committee (4 ), Whereas, when fixing the common agricultural prices, account should be taken of the objectives of the HAS ADOPTED THIS REGULATION common agricultural policy and of the contribution which the Community desires to make to the harmon­ ious development of world trade ; whereas the objec­ Article 1 tives of the common agricultural policy are in parti­ cular to secure an equitable standard of living for the agricultural community and to ensure that supplies For the 1977/78 milk year, the target price for milk are available and that they reach consumers at reason­ and the intervention prices for milk products shall be as follows : able prices ; Whereas the target price for milk should bear a u.a. /100 kg balanced relationship to the prices for other agricul­ (a) Target price for milk 17*35 tural products and in particular to that for beef and veal , and be consistent with the proposed orientation (b) Intervention price : of cattle farming ; whereas it is also necessary, in butter fixing those prices, to take account of the Commu­ nity's efforts to establish a long-term balance between — in Ireland 226*96 supply and demand on the market in milk, allowing — in the United Kingdom 205*45 for external trade in milk and milk products ; — in the other Member States Whereas the intervention prices for butter and for and from 1 January 1978 in skimmed-milk powder are designed to contribute to all Member States 230*95 the achievement of the target price for milk ; whereas it is necessary to determine the price levels in the skimmed-milk powder 94*09 light of both the general state of supply and demand Grana Padano cheese on the Community market in milk and the opportuni­ — of an age from 30 to 60 days 223*72 ties for disposal of butter and skimmed-milk powder on the Community and world markets ; — of an age of at least six months 269*34 Whereas the intervention prices for Grana Padano and Parmigiano Reggiano cheese of an Parmigiano Reggiano cheeses must be fixed in accor­ age of at least six months 292*57 dance with the ciriteria laid down in Article 5 ( 2) of Regulation ( EEC) No 804/68 ;

(') OJ No L 148 , 28 . 6 . 1968 , p. 11 Article 2 (: ) OJ No L 67, 15 . 3 . 1976, p. 9 . (>) OJ No C 93, 18 . 4 . 1977, p. 1 1 . n OJ No C 77, 30 . 3 . 1977, p. 15 . This Regulation shall enter into force on 1 May 1977 .

No L 106/ 18 29 . 4 . 77 Official Journal of the European Communities

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

Done at Luxembourg, 26 April 1977.

For the Council

The President

J. SILKIN