Agricultural prices 1997/1998: monthly increases in intervention price for cereals

Agricultural prices 1997/1998 - Cereals The Council adopted Regulation (EC) No 1412/97. - Prices and compensatory payments: the intervention price and the compensatory payments decided in 1992 continue to apply. For the record, the single intervention price for all cereals is ECU 119.9 per tonne and the compensatory payment is ECU 54.34 per tonne per hectare of historic yield set in the regionalization plan. - Monthly increases: reduction in the level of monthly increases from ECU 1.10/tonne to ECU 1.00/tonne, as proposed by the Commission.�