Agricultural prices 1996/1997: milk and milk products

Agricultural prices and related measures 1996/96 - Milk and milk products. The Commission proposes to continue the practice introduced in 1992 which consists of fixing the target price and intervention prices for periods which run from 1 July to 30 June. For the sake of consistency, the Commission also proposes to bring the start of the marketing year in line with the period for which prices are fixed. Furthermore, in the framework of the Uruguay Round negotiations, certain bilateral agreements were concluded which foresee arrangements under which the Union would have a more active role in the management of concessions granted by third countries. The Commission therefore proposes to insert an ad hoc provision in the basic regulation to enable it to undertake simply and efficiently the management of these concessions. �