31987R1895

COUNCIL REGULATION (EEC) No 1895/87 of 2 July 1987 fixing the threshold prices for certain milk products for the 1987/88 milk year

THE COUNCIL OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic Community, Having regard to Council Regulation (EEC) No 804/68 of 27 June 1968 on the common organization of the market in milk and milk products (1), as last amended by Regulation (EEC) No 773/87 (2), and in particular Article 4 thereof, Having regard to the proposal from the Commission (3), Whereas threshold prices should be fixed so that, taking account of the protection required for the Community processing industry, the prices of imported milk products correspond to the level of the target price for milk; whereas, consequently, the threshold price should be fixed on the basis of the target price for milk, taking into account the relationship which should be established 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; whereas a fixed amount should be included to ensure adequate protection of the Community processing industry, HAS ADOPTED THIS REGULATION:

Article 1

1. The threshold prices for the 1987/88 milk year shall be as follows: >TABLE>

2. The pilot products referred to in paragraph 1 are those specified in Annex I to Council Regulation (EEC) No 2915/79 of 18 December 1979 determining the groups of products and the special provisions for calculating levies on milk and milk products, and amending Regulation (EEC) No 950/68 on the Common Customs Tariff (4), as last amended by Regulation (EEC) No 748/86 (5).

Article 2

This Regulation shall enter into force on the day of its publication in the Official Journal of the European Communities. It shall apply from the beginning of the 1987/88 milk year.

This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 2 July 1987. For the Council The President K. E. TYGESEN

(1) OJ No L 148, 28. 6. 1968, p. 13.

(2) OJ No L 78, 20. 3. 1987, p. 1.

(3) OJ No C 89, 3. 4. 1987, p. 46.

(4) OJ No L 329, 24. 12. 1979, p. 1.

(5) OJ No L 71, 14. 3. 1986, p. 3.