Commission proposal on the prices for agricultural products - Volume III - Legal instruments - Proposal for a COUNCIL REGULATION fixing certain sugar prices and the standard quality of beet for the 2000/01 marketing year
24. 3. 2000 EN Official Journal of the European Communities C 86 E/5 2000/0047(CNS) Proposal for a COUNCIL REGULATION (EC) No. of. fixing certain sugar prices and the standard quality of beet for the 2000/01 marketing year (2000/C 86 E/03) THE COUNCIL OF THE EUROPEAN UNION, Having regard to the Treaty establishing the European Community, Having regard to Council Regulation (EC) No 2038/1999 of 13 September 1999 on the common organisation of the markets in the sugar sector (1), and in particular Articles 2(3), 3(4) and 4(3) thereof, Having regard to the proposal from the Commission, Having regard to the opinion of the European Parliament, Having regard to the opinion of Committee, the Economic and Social Whereas: (1) When sugar prices are fixed, account should be taken of the objectives of the common agricultural policy. The CAP seeks in particular to ensure a fair standard of living for the agricultural availability of supplies and to ensure that they reach consumers at reasonable prices. community, to assure the (2) In order to attain those objectives, the target price for sugar must be fixed at a level which, having regard in particular to the resultant level of the intervention price, ensures a fair remuneration for beet and sugar cane producers while at the same time respecting the consumers’ interests and which is likely to maintain the balance between the prices of the principal agricultural products. (4) The basic price for beet must take account of the inter- vention price, of undertakings’ revenue from the sale of molasses, which can be valued at EUR 7,61/100 kg, that amount being derived from the price of molasses referred to in Article 14(2) of Regulation (EC) No 2038/1999, that price being valued at EUR 8,21/100 kg, and of the costs of processing and delivering the beet to factories and be based on an estimated Community yield of 130 kg white sugar per tonne of beet with a 16 % sugar content, HAS ADOPTED THIS REGULATION: Article 1 price for white sugar shall be The 1. EUR 66,50/100 kg. target The 2. shall be EUR 63,19/100 kg for the non-deficit areas of the Community. intervention price for white sugar Article 2 The basic price for beet applicable in the Community shall be EUR 47,67/t delivered to the collection centre. Article 3 Standard quality beet shall: (a) be of sound and fair merchantable quality; (b) have a sugar content of 16 % at the reception point. (3) Given the characteristics of the sugar market, marketing involves relatively slight risks only. Consequently, when the difference the intervention price for sugar is fixed, between the target price and the intervention price can be set relatively low. Article 4 This Regulation shall enter into force on the third day following its publication in the Official Journal of the European Communities. (1) OJ L 252, 25. 9. 1999, p. 1. It shall apply for the 2000/01 marketing year. C 86 E/6 EN Official Journal of the European Communities 24. 3. 2000 This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels,. For the Council The President