THE EUROPEAN COMMISSION,
Having regard to the Treaty on the Functioning of the European Union,
Having regard to Council Regulation (EC) No 1234/2007 of 22 October 2007 establishing a common organisation of agricultural markets and on specific provisions for certain agricultural products (Single CMO Regulation)(1), and in particular Article 143, in conjunction with Article 4, thereof,
Whereas:
(1) Article 5 of Commission Regulation (EU) No 642/2010 of 20 July 2010 on rules of application (cereal sector import duties) for Council Regulation (EC) No 1234/2007(2) lays down the components determining the representative cif import prices referred to in Article 136(2) of Regulation (EC) No 1234/2007 for the cereals referred to in Article 2(1) of Regulation (EU) No 642/2010.
(2) Although Articles 2(1) and 5(1) of Regulation (EU) No 642/2010 refer to the common wheat of high quality, Annex III to that Regulation includes quotation exchanges and reference varieties also for medium and low quality common wheat. For sake of consistency, it is appropriate to remove from that Annex quotations and varieties for medium and low quality common wheat.
(3) Regulation (EU) No 642/2010 should therefore be amended accordingly.
(4) The measures set out in this Regulation are in accordance with the opinion of the Management Committee for the Common Organisation of Agricultural Markets,
HAS ADOPTED THIS REGULATION:
Annex III to Regulation (EU) No 642/2010 is replaced by the text set out in the Annex to this Regulation.
This Regulation shall enter into force on the third day following its publication in the Official Journal of the European Union.
This Regulation shall be binding in its entirety and directly applicable in all Member States.
Done at Brussels, 16 March 2011.
For the Commission
The President
José Manuel Barroso
| a Where no quotation is available that can be used to calculate a representative cif import price, fob quotations publicly available in the United States of America shall be used. | ||||
| b Where no quotation is available that can be used to calculate a representative cif import price, the most representative fob quotations publicly available in the United States of America shall be used.’” | ||||
| Product | Common wheat | Durum wheat | Maize | Other feed grains |
|---|---|---|---|---|
| Standard quality | High | |||
| Reference variety (type/grade) for exchange quotation | Hard Red Spring No 2 | Hard Amber Durum No 2 | Yellow Corn No 3 | US Barley No 2 |
| Quotation exchange | Minneapolis Grain Exchange | Minneapolis Grain Exchangea | Chicago Board of Trade | Minneapolis Grain Exchangeb |