14.10.89 OfficialJournaloftheEuropeanCommunities NoL296/35
COMMISSION REGULATION (EEC)No3097/89
of13October1989
fixingtheaidforsoyabeans
representative oftheactualmarkettrend;whereas
accountistobetakenofoffersmadeontheworldmarket
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;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(6),theworldpricefor
soyabeansistobedeterminedonthebasisofthemost
favourableactualpurchasingpossibility,withtheexcep­
tionofoffersandpriceswhichmaynotbeconsideredasWhereas,wheretheoffersandquotationsdonotcomply
withthesaidconditions,thenecessaryadjustmentsmust
becarriedout,particularlythosereferredtoinArticle40
ofRegulation(EEC)No2537/89;
Whereastheabatementofthesubsidywhicharises,where
appropriate,fromthesystemofmaximumguaranteed
quantitiesforthe1989/90year,hasnot,todate,been
fixed;whereastheamountofthesubsidyforthe1989/90
yearhasbeenprovisionallycalculatedonthebasisofan
abatementofECU4,590per100kilogramsforSpainand
ECU5,780per100kilogramsfortheotherMember
States;
Whereas,ifthesaidsystemistooperatenormally,aid
shouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(8),aslastamendedbyRegula­
tion(EEC)No1636/87(»), (')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.26.0OJNoL204,2.8.1985,p.1.
(4OJNoL128,11.5.1989,p.24.OOJNoL245,22.8.1989,p.8.
(*)OJNoL164,24.6.1985,p.1.
(»)OJNoL153,13.6.1987,p.1.

NoL296/36 OfficialJournaloftheEuropeanCommunities 14.10.89
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindent,andtheaforesaidcoefficient;HASADOPTEDTHISREGULATION :
Article1
1.TheamountoftheaidprovidedforinArticle2for
inRegulation(EEC)No1491/85andtheamountofthe
specialaidprovidedforinArticle1ofRegulation(EEC)
No2286/88inthecaseofPortugalshallbeassetoutin
theAnnexhereto.
2.However,theamountofthesubsidywillbe
confirmedorreplacedasfrom14October1989totake
intoaccounttheconsequencesoftheapplicationofthe
systemofmaximumguaranteedquantities.
Article2
ThisRegulationshallenterintoforceon14October
1989.Whereastheaidshallbefixedasoftenasthemarketsitu­
ationsorequiresandsothatitcanbeappliedatleast
twiceamonth,oneofwhichtimesshallbefromthefirst
dayofeachmonth;
Whereasitfollowsfromapplyingtheseprovisionstothe
offersandquotationsknowntotheCommissionthatthe
subsidyonsoyabeansshouldbeassetoutinthisRegula­
tion,
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,13October1989.
FortheCommission
RayMACSHARRY
MemberoftheCommission

14.10.89 GfficialJournaloftheEuropeanCommunities NoL296/37
ANNEX
totheCommissionRegulationof13October1989fixingtheaidforsoyabeans
(ECU/100kg)
lSeedharvestedin
1Spain PortugalanotherMember
State
Seedprocessedincurrentperiod(') I
—Spain 0,000 31,129 31,129
—Portugal 22,459 31,129031,129
—anotherMemberState 22,459 31,129 31,129
Seedprocessedinfirstperiod(')
—Spain 0,000 31,190 31,190
-—Portugal 22,520 31,190(*)31,190
—anotherMemberState 22,520 31,190 31,190
Seedprocessedinsecondperiod(') I
—Spain 0,000 31,049 31,049
—Portugal 22,379 31,049031,049
—anotherMemberState 22,379 31,049 31,049
Seedprocessedinthirdperiod(') I
—Spain 0,000 30,806 30,806
—Portugal 22,136 30,806030,806
—anotherMemberState 22,136 30,806 30,806
Seedprocessedinfourthperiod(') I
—Spain 0,000 30,583 30,583
—Portugal 21,913 30,583030,583
—anotherMemberState 21,913 30,583 30,583
Seedprocessedinfifthperiod(') I
—Spain 0,000 30,401 30,401
—Portugal 21,731 30,401030,401
—anotherMemberState 21,731 30,401 30,401
(*)Specialaid.
(')Subjecttotheconsequences oftheapplicationofthesystemofguaranteedquantities.