Proposal for a Council Regulation (EC) No ... of ... fixing the monthly increases in the intervention price for cereals for the 1999/2000 marketing year
1. 3. 1999 EN Official Journal of the European Communities C 59/1 II (Preparatory Acts) COMMISSION COMMISSION PROPOSALS ON THE PRICES FOR AGRICULTURAL PRODUCTS (1999/2000) VOLUME III Legal instruments COM(1999) 38 final — Vol. III (Submitted by the Commission on 10 February 1999) Proposal for a COUNCIL REGULATION (EC) No. /1999 of. 1999 99/0025(CNS) fixing the monthly increases in the intervention price for cereals for the 1999/2000 marketing year (1999/C 59/01) THE COUNCIL OF THE EUROPEAN UNION, Having regard to the proposal from the Commission, Having regard to the Treaty establishing the European Community, Having regard to Council Regulation (EEC) No 1766/92 of 30 June 1992 on the common organisation of the market in cereals (1), as last amended by Regulation (EC) No 923/96 (2), and in particular Article 3(4) thereof, (1) OJ L 181, 1. 7. 1992, p. 21. (2) OJ L 126, 24. 5. 1996, p. 37. Having regard Parliament, to the opinion of the European Having regard to the opinion of the Economic and Social Committee, Whereas, when the amounts and the number of the monthly increases are fixed and the first month in which they are to apply is determined, account should be taken of the storage costs and financing charges for storing cereals in the Community and of the need to ensure that C 59/2 EN Official Journal of the European Communities the disposal of stocks of cereals is in line with market requirements; Whereas, under the reform of the common agricultural policy, provision was made for the fixing of a single intervention price for all cereals; whereas this price has been fixed at a substantially reduced level; whereas this fact should be taken into account in the fixing of the size of the monthly increases; Whereas the intervention price for maize and grain sorghum applicable in July, August and September is to be the price valid in May of the previous marketing year, in accordance with Article 3(3) of Regulation (EEC) No 1766/92, July 1999 August 1999 September 1999 October 1999 November 1999 December 1999 January 2000 February 2000 March 2000 April 2000 May 2000 June 2000 1. 3. 1999 (EUR/t) Monthly increase in the intervention price — — — — 1,0 2,0 3,0 4,0 5,0 6,0 7,0 7,0 HAS ADOPTED THIS REGULATION: Article 1 Article 2 Without prejudice to the last subparagraph of Article 3(3) of Regulation (EEC) No 1766/92, for the 1999/2000 marketing year, the monthly increases to be applied to the intervention price applicable for the first month of the marketing year, shall be as follows: This Regulation shall enter into force on the third day following its publication in the Official Journal of the European Communities. It shall apply from the 1999/2000 marketing year. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at. For the Council The President