No L 197/28 Official Journal of the European Communities 26.7.88 COUNCIL REGULATION (EEC) No 2228/88 of 19 July 1988 fixing the monthly price increases for cereals, wheat and rye flour and wheat groats and meal for the 1988/89 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 organization of the market in cereals (1), as last amended by Regulation (EEC) No 2221/88 (2), and in particular Article 6 (2) thereof, Having regard to the proposal from the Commission (3), 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 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 2727/75, HAS ADOPTED THIS REGULATION: Article 1 For the 1988/89 marketing year, the monthly increases to be applied to the target price, threshold price, intervention price | and to the buying-in price of the products referred to in Article 1 (a), (b) and (c) 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 more smoothly, these increases should be reduced wheat, operative for the first month of the marketing year, - somewhat; shall be as follows: (ECU/tonne) Monthly increases in respect of the intervention Monthly increases in respect of the target and price and the buying-in price threshold prices Period Common wheat, Common wheat, rye, barley, Durum wheat rye, barley, Durum wheat maize and sorghum maize and sorghum July 1988 — _ — — — August 1988 — — 1,50 ‘ 2,03 September 1988 — — 3,00 4,06 October 1988 — — 4,50 6,09 November 1988 1,50 2,03 6,00 8,12 December 1988 3,00 4,06 7,50 10,15 January 1989 4,50 6,09 9,00 12,18 February 1989 6,00 8,12 10,50 14,21 _March 1989 7,50 10,15 12,00 16,24 April 1989 9,00 12,18 13,50 18,27 May 1989 10,50 14,21 15,00 20,30 June 1989 — - 15,00 20,30 (1) Of No L 281, 1. 11. 1975, p. 1. (2) See page 16 of this Official Journal. (3) OJ No C 139, 30. 5. 1988, p. 10.