51999PC0038(13)

Proposal for a COUNCIL REGULATION (EC) No . . ./1999 of . . . 1999 fixing the target price for milk and the intervention prices for butter and skimmed-milk powder for the milk year 1999/2000 (1999/C 59/13)

THE COUNCIL OF THE EUROPEAN UNION,

Having regard to the Treaty establishing the European Community,

Having regard to Council Regulation (EEC) No 804/68 of 27 June 1968 on the common organisation of the market in milk and milk products (1), as last amended by Regulation (EC) No 1587/96 (2), and in particular Articles 3(4) and 5 thereof,

Having regard to the proposal from the Commission,

Having regard to the opinion of the European Parliament,

Having regard to the opinion of the Economic and Social Committee,

Whereas, when fixing the common agricultural prices each year, account should be taken of the objectives of the common agricultural policy; whereas the objectives of the common agricultural policy are in particular to guarantee a fair standard of living for the agricultural community and to ensure that supplies are available and that they reach consumers at reasonable prices;

Whereas the target price for milk should bear a balanced relationship to the prices for other agricultural products and in particular to the prices for beef and veal, and be consistent with the desired general pattern of cattle farming; whereas it is also necessary, in fixing that price, to take account of the Community's efforts to establish a long term balance between supply and demand on the milk market, allowing for external trade in milk and milk products;

Whereas the intervention prices for butter and for skimmed-milk powder are intended to contribute to the achievement of the target price for milk; whereas it is necessary to determine price levels in the light of the overall supply and demand situation on the Community market in milk and the opportunities for disposal of butter and skimmed-milk powder on the Community and world markets,

HAS ADOPTED THIS REGULATION:

Article 1

For the milk year 1999/2000, the target price for milk and the intervention prices for milk products shall be as follows:

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Article 2

This Regulation shall enter into force on the third day following its publication in the Official Journal of the European Communities.

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

Done at . . .

For the Council

The President

. . .

(1) OJ L 148, 28.6.1968, p. 13.

(2) OJ L 206, 16.8.1996, p. 21.