No L 182/54 Official Journal of the European Communities 3.7.87 COUNCIL-REGULATION (EEC) No 1909/87 of 2 July 1987 fixing rice prices for the 1987/88 marketing year THE -COUNCIL OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European : Economic Community, and in particular Article 43 thereof, Having regard to the Act of Accession of Spain and- Portugal, and in particular Article 89 (1) thereof, Having regard to Council Regulation (EEC) No 1418/76 of 21 June 1976 on the common organization of the market in rice (), as last amended by Regulation (EEC) No 1907/87 (*), and in particular Article 3 (3). thereof, Having regard to the proposal from the Commission (*), .. Having regard to the opinién of the European Pir- liament (*), Having regard to the opinion of the Economic and Social Committee (%), Whereas the markets and prices policy, based on modern farms, is the main instrument of the incomes policy in agriculture; whereas full advantage cannot be drawn from such a policy unless it is integrated into the’ common agricultural policy as a whole, including a dynamic social and structural -policy and the application of the rules on competition contained in the Treaty; Whereas the intervention price for paddy rice must be fixed at a rate which takes account of the policy in respect of rice production, with a view to the uses to which it is put; Whereas the target price for husked rice must be derived from the intervention price for paddy rice, in accordance with the criteria set out in Article 4 (3) of Regulation (EEC) No 1418/76; Whereas, for the products referred to in this Regulation, the application of the criteria for the fixing of the different prices and the application of ‘the- measures provided for in- respect of the exchange rates to be applied ‘in agriculture entail fixing those prices at the - levels indicated below; Whereas, pursuant to Article 68 of the Act of Accession of Spain and Portugal, prices in Spain were set at a level differing from that of the common prices; whereas, pursuant to Article 70 (1) of the Act, these prices should be aligned with the common prices in annual steps at the beginning of each marketing year; whereas the rules on this alignment laid down give the Spanish prices set below, HAS ADOPTED THIS REGULATION: Article 1 For the 1987/88 marketing year, rice prices are as follows: ' 1. Community of Ten: (a) intervention price, paddy rice: 314,19 ECU per tonne; (b) target price, husked rice: 548,37 ECU per tonne. » Spain: (2) intervention price, paddy rice: 259,76 ECU per tonne; (b) target price, husked rice: 548,37 ECU per tonne. 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 with effect from 1 September 1987. This Regulation shall be binding in its entirety and directly applicable in all Member States. Done at Brussels, 2 July 1987. (") OJ No L 166, 25. 6. 1976, p. 1. (*) See page 51 of this Official Journal. () O] No C 89, 3. 4. 1987, p. 13. () O] No C 156, 15. 6. 1987. () OJ No C 150, 9. 6. 1987, p. 8. For the Council The President K. E. TYGESEN