i;vÄi||iiP \0Γ* •ow^' AGRICULTURAL PRICES 1988-1989 PROPOSALS COMMISSION OF THE EUROPEAN COMMUNITIES Directorate-General Information, Communication, Culture Agricultural Information € 43 Rue de la Loi, 200 - 1049 Brussels Explanatory memoranda Page Introduction 1 A. General considerations I. General economic situation 3 II. Agricultural situation 4 III. Intervention stocks 9 IV. Outlook for the agricultural markets Community markets 13 World markets5 V. Price proposals and related measures General7 a) Common prices 21 b) Related measuresc) Agri-monetary measuresVI. Financial implications and budgetary context 26 B. Tables 1. Price proposals in ECU for the various agricultural products 27 2. Agri-monetary proposals 32 3. Summary of related measures5 4. Stabilizers in force or proposed 41 5. Effect of Commission proposals on support prices in ECU and in national currency6 6. EAGGF expenditure and agricultural production and incomes 47 7. Public stocks at year-end I. Volume8 7b. Public stock at year-end II. Value9 8. Common wheat, Quantities covered by EAGGF-financed measures 50 9. Barley, Quantities covered by EAGGF-financed measures 51 10. Butter, Quantities covered by EAGGF-financeds2 11. Skimmed milk, Quantities covered byd measures3 12. Beef/veal, Quantities covered by EAGGF-financed measures 54 13. Table wine,sd byds5 C.