Agricultural prices 1998/1999: intervention price for cereals, monthly increases (regul.766/92/EEC and 923/96/EC)

In adopting the report by Mr Edouard des PLACES (I-EDN, F) the European Parliament tabled only a few amendments to the Commission's proposals concerning prices for agricultural products (1998- 1999). Parliament calls for the creation from 1 January 1999 of an adjustment coefficient for all CMOs in order to compensate for the possible disappearance of the green rate for the Member States participating in the single currency. Regarding cereals, it calls for the continuation in the 1998/99 marketing year of the provision under which cereals can be brought into intervention with a 15% moisture content.�