1.9.87 OfficialJournaloftheEuropeanCommunities NoL248/13
COMMISSION REGULATION (EEC)No2616/87
of31August1987
fixingtherateoftheaidfordriedfodder
actualpurchasepossibilitiesexceptingthosewhichcannot
beconsideredrepresentative oftherealmarkettrend;
whereasoffersandquotationsrecordedduringthefirst25
daysofthemonthinquestionforquantitiesthatcanbe
deliveredduringthefollowingcalendarmontharetobe
used;whereastheaverageworldmarketpricethusdeter­
minedisusedtofixthesupplementary aidrateapplicable
onthefollowingmonth;
Whereasthenecessaryadjustmentsmustbemadeinthe
caseofoffersandquotationsnotofthetypereferredto
above;whereastheseadjustmentsweredefinedinArticle
3ofCommissionRegulation(EEC)No1528/78of30
June1978layingdowndetailedrulesfortheapplication
ofthesystemofaidfordriedfodder(*),aslastamended
byRegulation (EEC)No2334/870;
Whereas,whennoofferoforquotationfortheproducts
describedinthefirstindentofArticle1(b)ofRegulation
(EEC)No1117/78canbeusedtodeterminetheaverage
worldmarketprice,itistobedeterminedfromofferson
theworldmarketof,andquotationson,theexchanges
importantforinternational tradefortheproducts
describedinthesecondindentofArticle1(b)ofRegula­
tion(EEC)No1117/78;THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,andinparticularArticle5thereof,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No1117/78
of22May1978onthecommonorganizationofthe
marketindriedfodder('),aslastamendedbyRegulation
(EEC)No1960/87(2),andinparticularArticle5(3)
thereof,
HavingregardtotheopinionoftheMonetaryCommittee,
Whereas,underArticle5(1)ofRegulation(EEC)No
1117/78,whentheguidepriceishigherthantheaverage
worldmarketprice,aidisgivenfordriedfodderas
describedunderArticle1(b)and(c)ofthatRegulation
obtainedfromfodderplantsharvestedintheCommu­
nity;whereasthisaidisequaltoapercentageofthe
differencebetweenthesetwopricesfordehydratedfodder
andforproteinconcentrates ;whereastheaidforfodder
otherwisedriedincludesanamounttobededucted;
Whereasthispercentageandtheguidepricewerefixed
byCouncilRegulation(EEC)No1961/87of2July1987
fixingtheguidepricefordriedfodderforthe1987/88
marketingyear(3);
WhereastheamountreferredtoinArticle5(2)ofRegula­
tion(EEC)No1117/78hasnotbeenfixedtodate;
whereastheamountoftheaidforfodderotherwisedried
hasonlybeenabletobecalculatedprovisionallyonthe
basisofanamounttobedeductedof43ECUpertonne;
Whereastheaverageworldmarketpriceisdeterminedfor
abulkpelletedproduct,deliveredtoRotterdam,ofthe
standardqualityforwhichtheguidepricehasbeenfixed;
Whereas,underCouncilRegulation (EEC)No1417/78of
19June1978ontheaidsystemfordriedfodder(4),aslast
amendedbyRegulation(EEC)No1173/87(*),theaverage
worldmarketpricefortheproductsdescribedinthefirst
indentofArticle1(b)ofRegulation(EEC)No1117/78is
tobedeterminedonthebasisofthemostfavourableWhereas,underArticle3ofRegulation (EEC)No
1417/78,whennoofferorquotationcanbeusedtodeter­
minetheaverageworldmarketprice,thispriceisdeter­
minedonthebasisofhesumofthevalueofcompeting
products;whereasthoseproductsaredefinedinArticle3
(3)ofRegulation(EEC)No1528/78;
Whereas,underArticle11ofRegulation(EEC)No
1417/78,whenforwardpricesdifferfromthatapplyingin
themonthwhentheapplicationislodged,theaidrateis
adjustedbyacorrectingamountcalculatedfromthetrend
offorwardprices;
Whereasthecorrectingamountisequaltothedifference
betweentheaverageworldmarketpriceandtheaverage
forwardworldmarketpricemultipliedbythepercentage
fixedinArticle3ofCouncilRegulation(EEC)No
1315/85(8);whereaswhenforoneofthemonthsfol­
lowingthatoftheintroductionofaidtheaverageforward
worldmarketpricecannotbedeterminedbyapplyingthe
criteriaspecifiedinArticle1ofRegulation(EEC)No
1417/78,thepricedeterminedforthepreviousmonthis
(')OJNoL142,30.5.1978,p.1.
(2)OJNoL184,3.7.1987.
(3OJNoL184,3.7.1987.
(4)OJNoL171,28.6.1978,p.1.
0OJNoL113,30.4.1987,p.3.(•)OJNoL179,1.7.1978,p.10.0OJNoL210,1.8.1987,p.63.
(8)OJNoL137,27.5.1985,p.28.

NoL248/14 OfficialJournaloftheEuropeanCommunities 1.9.87
tiontotheCommunitycurrenciesreferredtointhe
previousindentandtheaforesaidcoefficient;
Whereas,pursuanttoArticle120(I)ofthe1985Actof
Accession,theSpanishpricemustbealignedwiththe
commonpriceinaccordancewiththemethodlaiddown
inArticle70ofthatAct;
Whereas,pursuanttoArticles120(2)and306(2)ofthe
ActofAccession,theaidapplicableinthesetwoMember
Statesistobeadjustedbyanamountequaltotheinci­
denceofcustomsdutiesonimportsoftheseproducts
fromthirdcountries;whereas,inaddition,inSpainthe
amountistobeadjustedbythedifference,multipliedby
thepercentageandtheamountreferredtoinArticle5(2)
ofRegulation(EEC)No1117/78,betweentheguideprice
appliedinSpainandthecommonguideprice;
Whereas,astheresultoftheapplicationsofallthese
provisionstotheoffersandquotationswhichthe
Commission hasrecorded,therateoftheaidfordried
foddermustbefixedasindicatedinthetableannexedto
thisRegulation,usedtocalculatethedifference;whereaswhenfortwoor
moreconsecutivemonthsfollowingthatoftheintroduc­
tionofaid,theaverageforwardworldmarketprices
cannotbedeterminedbyapplyingthecriteriasetoutin
Article1ofRegulation(EEC)No1417/78,thepricesfor
themonthsinquestionaredeterminedbyapplyingthe
criterialaiddowninArticle3ofRegulation(EEC)No
1417/78;
Whereas,wheretheaverageworldmarketpriceisdeter­
minedinaccordancewithArticle3ofRegulation(EEC)
No1417/78,thecorrectiveamountmustbeequaltothe
differencebetweentheaverageworldmarketpriceand
theaverageforwardworldmarketpricedeterminedby
applyingthecriterialaiddowninArticle3(3)ofRegula­
tion(EEC)No1528/78andvalidfordeliveryduringa
monthotherthanthatinwhichtheaidisintroduced,
adjustedbythepercentageandtheamountfixedunder
Article5(2)ofRegulation(EEC)No1117/78forthe
productconcerned ;whereaswheretheaverageforward
worldmarketpriceforoneormoremonthscannotbe
determinedbyapplyingthecriterialaiddowninArticle3
(3)ofRegulation (EEC)No1528/78,thecorrective
amountmustbefixedforthemonthormonthsinques­
tionatalevelsuchthattheaidisequaltozero;
Whereas,iftheaidsystemistooperatenormally,refunds
shouldbecalculatedonthefollowingbasis;
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85('),aslastamendedbyRegula­
tion(EEC)No1636/87(2);
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­HASADOPTEDTHISREGULATION :
Article1
TherateoftheaidreferredtoinArticle5(3)ofRegula­
tion(EEC)No1117/78isfixedintheAnnextothis
Regulation.
Article2
ThisRegulationshallenterintoforceon1September
1987.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31August1987.
FortheCommission
FransANDRIESSEN
Vice-President
(•)OJNoL164,24.6.1985,p.1.
(2)OJNoL153,13.6.1987,p.1.

1.9.87 OfficialJournaloftheEuropeanCommunitiesNoL248/15
ANNEX
totheCommissionRegulationof31August1987fixingtherateoftheaidfordriedfodder
Aidapplicablefrom1September1987todriedfodder
(ECU/tonne)
Dehydratedfodderex12.10B
Proteinconcentrates ex23.06BFodderotherwisedried
ex12.10B
'Spain PortugalOther
Member
StatesSpain PortugalOther
Member
States
Aid 77,347 97,618 99,407 34,347 54,618 56,407
Aidincaseofadvancefixingforthemonthof:
(ECU/tonne)
October1987 77,061 97,326 99,121 34,061 54,326 56,121
November1987 77,061 97,326 99,121 34,061 54,326 56,121
December1987 77,061 97,326 99,121.34,061 54,326 56,121
January1988 75,541 95,771 97,601 32,541 52,771 54,601
February1988 75,452 95,680 97,512 32,452 52,680 54,512
March1988 75,452 95,680 97,512 32,452 52,680 54,512
i