3.7.87 Official Journal of the European Communities NoL 182745 COUNCIL REGULATION (EEC) No 1903/87 of 2 July 1987 fixing the monthly price increases for cereals, wheat and rye flour and wheat groats and meal for the 1987/88 marketing year THE COUNCIL OF THE EUROPEAN COMMUNITIES, Having regard to the Treaty establishing the European Economic-Community, . Having regard to Council Regulation (EEC) No 2727/75 of 29 October 1975 on the common organi- zation of the market in cereals (%), as last amended by Regulation (EEC) No -1900/87 '(*), and in particular Article 6 (2) thereof, Having regard to the proposal from the Commission (*), Whereas, when the number and amount of the monthly increases are fixed, account should be taken of the storage costs and financing charges for storing cereals in the Community; whereas experience has shown that the level of the monthly increases for cereals can encourage operators to hold on to cereals; whereas, so that stocks can be disposed of more smoothly, these increases and . the number thereof should be reduced somewhat; (1) OJ No L 281, 1. 11. 1975, p. 1. (*) See page 40 of this Official Journal. () OJ No C 89, 3. 4. 1987, p. 4. Whereas the reasons set out above are not valid as regards the period during which the monthly increases apply to the target-and threshold -prices; whereas the previous period of application should therefore be main- tained in the case of those prices; Whereas, as regards the threshold prices for maize and sorghum, the monthly increases are, moreover, determined in accordance with the last subparagraph of Article 5 (1) of Regulation (EEC) No 2727775, HAS ADOPTED THIS REGULATION: Article 1 For the 1987/88 marketing year, the monthly increases to: be applied to the target price, threshold- price, intervention price and to the buying-in price referred to in Article 7 (4) of Regulation (EEC) No 2727/75 shall be as set out in this Regulation. Article 2 The monthly increases to be applied to the target price, threshold price, intervention price and to the buying-in - price for common wheat, rye, barley, maize, sorghum . and durum wheat, operative for the first month of the marketing year, shall be as follows: ' (ECUltonne) Monthly increases in respect of the Monthly increases in respect of the target intervention price and the buying-in price and threshold prices Period Common wheat, rye, Common wheat, rye, barley, maize and Durum wheat barley, maize and Durum wheat sorghum sorghum July 1987 — — — — August 1987 — — 2,00 : 2,7¢ September 1987 — C— 4,00 5,40 October 1987 — _ - 6,00 8,10 November 1987 2,00 2,70 8,00 10,80 December 1987 - 4,00 5,40 10,00 13,50 January 1988 6,00 8,10 12,00 16,20 February 1988 8,00 10,80 14,00 18,90 March 1988 10,00 13,50 16,00 21,60 April 1988 12,00 16,20 18,00 24,30 May 1988 14,00 18,90 20,00 27,00 June 1988 ) — — 20,00 27,00