NoL255/54 OfficialJournaloftheEuropeanCommunities 1.9.89
COMMISSION REGULATION (EEC)No2651/89
of31August1989
fixingtheaidforsoyabeans
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No1491/85
of23May1985layingdownspecialmeasuresinrespect
ofsoyabeans('),aslastamendedbyRegulation(EEC)No
2217/88(2),andinparticularArticle2(7)thereof,
HavingregardtoCouncilRegulation(EEC)No2286/88
of19July1988providingforthegrantingofspecialaid
forsoyabeansproducedandprocessedinPortugal(3),
HavingregardtotheopinionoftheMonetaryCommittee,
Whereas,pursuanttoArticle2(1)ofRegulation(EEC)No,
1491/85,aidistobegrantedforsoyabeansharvested
withintheCommunitywheretheguidepricefora
marketingyearexceedstheworldprice;whereasthesaid
aidistobeequaltothedifferencebetweenthosetwo
prices;
Whereastheguidepriceforsoyabeansforthe1989/90
marketingyearwasfixedbyCouncilRegulation(EEC)
No1232/89(4);whereas,pursuanttoArticles95(2)and
293(2)oftheActofAccessionofSpainandPortugal,aid
forsoyabeansharvestedinthesetwoMemberStatesisto
beintroducedinaccordancewiththeprovisionsofpara­
graphs2and3ofthesaidArticlesfromthebeginningof
the1986/87marketingyear;
Whereas,pursuanttoArticleofRegulation(EEC)No
2286/88,soyabeansproducedandprocessedinPortugal
shallbeeligibleforspecialaidequaltothedifference
betweentheguidepriceforsuchbeansinPortugaland
thepriceofimportedsoyabeans;
Whereas,pursuanttoCouncilRegulation(EEC)No
2194/85of25July1985adoptinggeneralrulesconcer­
ningspecialmeasuresforsoyabeans(*),aslastamended
byRegulation(EEC)No1231/89(%theworldpricefor
soyabeansistobedeterminedonthebasisofthemost
favourableactualpurchasingpossibility,withtheexcep­
tionofoffersandpriceswhichmaynotbeconsideredas
representative oftheactualmarkettrend;whereasaccountistobetakenofoffersmadeontheworldmarket
aswellasthepricesquotedonexchangeswhichare
importantintermsofinternationaltrade;whereas,under
thatRegulation,wherethesubsidytobegrantedisfixed
inadvance,theamountofsuchsubsidymustbeequalto
theamountapplicableonthedayonwhichtheapplica­
tionforadvancefixingwaslodged,adjustedbythediffe­
rencebetweenthetargetpricevalidonthatdayandthe
targetpricevalidontheidentificationday;whereassuch
adjustmentshouldinvolveincreasingorreducingthe
amountofsubsidyapplicableonthedayonwhichthe
applicationwaslodgedbythecorrectiveamountandthe
differencebetweenthetargetpricesmentionedinArticle
33ofCommissionRegulation(EEC)No2537/89of8
August1989layingdowndetailedrulesfortheapplica­
tionofthespecialmeasureforsoyabeansQ;
Whereas,pursuanttoRegulation(EEC)No2537/89,the
worldmarketpriceistobefixedper100kilogramsand
calculatedonthebasisofthemostfavourableoffersand
quotationsfordeliverywithin30daysfollowingthedate
whenthesaidoffersandquotationswererecorded;
Whereas,wheretheoffersandquotationsdonotcomply
withthesaidconditions,thenecessaryadjustmentsmust
becarriedout,particularlythosereferredtoinArticle40
ofRegulation(EEC)No2537/89;
Whereastheabatementofthesubsidywhicharises,where
appropriate,fromthesystemofmaximumguaranteed
quantitiesforthe1989/90year,hasnot,todate,been
fixed;whereastheamountofthesubsidyforthe1989/90
yearhasbeenprovisionallycalculatedonthebasisofan
abatementofECU4,590per100kilograms;
Whereas,ifthesaidsystemistooperatenormally,aid
shouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(8),aslastamendedbyRegula­
tion(EEC)No1636/870,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindent,andtheaforesaidcoefficient; (')OJNoL151,10.6.1985,p.15.
(2)OJNoL197,26.7.1988,p.11.
(3)OJNoL201,27.7.1988,p.2.
(4)OJNoL128,11.5.1989,p.26.
(ÓOJNoL204,2.8.1985,p.1.
fóOJNoL128,11.5.1989,p.24.OOJNoL245,22.8.1989,p.8.
(8)OJNoL164,24.6.1985,p.1.0OJNoL153,13.6.1987,p.1.

1.9.89 OfficialJournaloftheEuropeanCommunities NoL255/55
providedformArticle1ofRegulation(EEC)No2286/88
inthecaseofPortugalshallbeassetoutintheAnnex
hereto.
2.However,theamountofthesubsidywillbe
confirmedorreplacedasfrom1September1989totake
intoaccounttheconsequencesofdieapplicationofthe
systemofmaximumguaranteedquantities.Whereastheaidshallbefixedasoftenasthemarketsitu­
ationsorequiresandsothatitcanbeappliedatleast
twiceamonth,oneofwhichtimesshallbefromthefirst
dayofeachmonth;
Whereasitfollowsfromapplyingtheseprovisionstothe
offersandquotationsknowntotheCommissionthatthe
subsidyonsoyabeansshouldbeassetoutinthisRegula­
tion,
HASADOPTEDTHISREGULATION :
Article1
1.TheamountoftheaidprovidedforinRegulation
(EEC)No1491/85andtheamountofthespecialaidArticle2
ThisRegulationshallenterintoforceon1September
1989.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31August1989.
FortheCommission
RayMACSHARRY
MemberoftheCommission

NoL255/56 OfficialJournaloftheEuropeanCommunities 1.9.89
ANNEX
toCommissionRegulationof31August1989fixingtheaidforsoyabeans
(ECU/TOOkg)
<Seedharvestedin
Spain PortugalanotherMember
State
Seedprocessedincurrentperiod
—Spain
—Portugal
—anotherMemberState0,000
20,798
20,79831,108
31,1080
31,10831,108
31,108
31,108
Seedprocessedinfirstperiod
—Spain
—Portugal
—anotherMemberState0,000
20,798
20,79831,108
31,108ft
31,10831,108
31,108
31,108
Seedprocessedinsecondperiod
—Spain
—Portugal
—anotherMemberState0,000
20,798
20,79831,108
31,108ft
31,10831,108
31,108
31,108
Seedprocessedinthirdperiod
—Spain !
—Portugal
—anotherMemberState0,000
20,798
20,79831,108
31,108ft
31,10831,108
31,108
31,108
Seedprocessedinfourthperiod
—Spain
—Portugal
—anotherMemberState0,000
20,798
20,79831,108
31,108ft
31,10831,108
31,108
31,108
Seedprocessedinfifthperiod
—Spain
—Portugal
anotherMemberState0,000
20,798
20,79831,108
31,108ft
31,10831,108.
31,108
31,108
()Specialaid.