31977R0873

29 . 4 . 77 No L 106/ 19 Official Journal of the European Communities

COUNCIL REGULATION (EEC) No 873/77

of 26 April 1977

fixing the threshold prices for certain milk products for the 1977/78 milk year

THE COUNCIL OF THE EUROPEAN HAS ADOPTED THIS REGULATION : COMMUNITIES , A rticle 1 Having regard to the Treaty establishing the European 1 . For the 1977/78 milk year the threshold prices Economic Community, shall be as follows : Having regard to Council Regulation (EEC) No 804/68 of 27 June 1968 on the common organization Pilot product u.a./ 100 kg from 1 May 1977 of the market in milk and milk products ('), as last of the group of products amended by Regulation (EEC) No 559 /76 (2), and in particular Article 4 thereof, 1 2700

2 110.35 Having regard to the proposal from the Commission, 3 169.75 4 67.55 Whereas threshold prices should be fixed so that, 5 87.80 taking account of the protection required for the 6 252.00 Community processing industry, the prices of 7 248.20 imported milk products correspond to the level of the 8 202.00 target price for milk ; whereas, consequently, the 9 323.40 threshold price should be fixed on the basis of the 10 217.20 target price for milk, taking into account the relation­ 11 199.75 12 53.70 ship desired between the value of milkfat and that of skimmed milk, as well as the standardized costs and yields for each of the milk products in question ; 2. The pilot products referred to in paragraph 1 are whereas a fixed amount should be included to ensure those described in Annex I to Council Regulation adequate protection of the Community processing ( EEC) No 823/68 of 28 June 1968 determining the industry ; groups of products and the special provisions for calcu­ lating levies on milk and milk prducts (3), as last Whereas threshold prices should be fixed for the amended by Regulation (EEC) No 874/77 (4). marketing stage at which imported milk products first come into competition with milk products manufac­ Article 2 tured within the Community, i.e. the 'delivered free wholesaler' stage, This Regulation shall enter into force on 1 May 1977.

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

(') OJ No L 1 4K , 28 . 6 . 1968 , p . 13 . (>) OJ No L 151 , 30 . 6 . 1968 , p. 3 . O OJ No L 67 , 15 . 3 . 1976, p . 9 . (4 ) Sec page 20 of this Official Journal .