1.9.90 OfficialJournaloftheEuropeanCommunities NoL237/77
COMMISSION REGULATION (EEC)No2534/90
of31August1990
fixingtheaidforsoyabeans
THECOMMISSION OFTHEEUROPEANCOMMUNITIES ,
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;betweentheguidepriceforsuchbeansinPortugaland
thepriceofimportedsoyabeans;
Whereas,pursuanttoCouncilRegulation(EEC)No
2194/85of25July1985adoptinggeneralrulesconcer­
ningspecialmeasuresforsoyabeans(%aslastamended
byRegulation(EEC)No1231/89f),theworldpricefor
soyabeansistobedeterminedonthebasisofthemost
favourableactualpurchasingpossibility,withtheexcep­
tionofoffersandpriceswhichmaynotbeconsideredas
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
tionofthespecialmeasureforsoyabeans(8),aslast
amendedbyRegulation(EEC)No2427/90f);
Whereas,pursuanttoRegulation(EEC)No2537/89,the
worldmarketpriceistobefixedper100kilogramsand
calculatedonthebasisofthemostfavourableoffersand
quotationsfordeliverywithin30daysfollowingthedate
whenthesaidoffersandquotationswererecorded;
Whereas,wheretheoffersandquotationsdonotcomply
withthesaidconditions,thenecessaryadjustmentsmust
becarriedout,particularlythosereferredtoinArticle40
ofRegulation(EEC)No2537/89;
Whereastheabatementofthesubsidywhicharises,where
appropriate,fromthesystemofmaximumguaranteed
quantitiesforthe1990/91marketingyear,hasnotyet
beenfixed;whereastheamountofthesubsidyforthe
1990/91marketingyearhasbeencalculatedprovisionally
onthebasisoftheabatementforthe1989/90marketing
year;
Whereas,ifthesaidsystemistooperatenormally,aid
shouldbecalculatedonthefollowingbasis:Whereastheguidepriceforsoyabeansforthe1990/91
marketingyearbyCouncilRegulation (EEC)No
1319/90("*);whereas,pursuanttoArticles95(2)and293
(2)oftheActofAccessionofSpainandPortugal,aidfor
soyabeansharvestedinthesetwoMemberStatesistobe
introducedinaccordancewiththeprovisionsofpara­
graphs2and3ofthesaidArticlesfromthebeginningof
the1986/87marketingyear;
WhereasthepricesfixedbytheCouncilaretobereduced
inaccordancewithCommissionRegulation(EEC)No
1756/90of27June1990establishingtheguideprice
fixedinecusbytheCouncilinthesoyabeansectorand
reducedasaresultofthemonetaryrealignmentof5
January19900;
Whereas,pursuanttoArticleofRegulation(EEC)No
2286/88,soyabeansproducedandprocessedinPortugal
shallbeeligibleforspecialaidequaltothedifference
(')OJNoL151,10.6.1985,p.15.0OJNoL197,26.7.1988,p.11.
(3)OJNoL201,27.7.1988,p.2.
(4)OJNoL132,23.5.1990,p.13.
0OJNoL162,28.6.1990,p.19.(6)OJNoL204,2.8.1985,p.1.0OJNoL128,11.5.1989,p.24.
(«)OJNoL245,22.8.1989,p.8.0OJNoL228,22.8.1990,p.15.

NoL237/78 OfficialJournaloftheEuropeanCommunities 1.9.90
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85('),aslastamendedbyRegula­
tion(EEC)No2205/900,
—fortheothercurrencies,anexchangeratebasedonan
averageoftheecusratespublishedinthe'C'seriesof
theOfficialJournaloftheEuropeanCommunities
overaperiodtobedetermined ,multipliedbythe
factorreferredtointheprecedingindent;
Whereastheaidshallbefixedasoftenasthemarketsitu­
ationsorequiresandsothatitcanbeappliedatleast
twiceamonth,oneofwhichtimesshallbefromthefirst
dayofeachmonth;
Whereasitfollowsfromapplyingtheseprovisionstothe
offersandquotationsknowntotheCommissionthatthe
subsidyonsoyabeansshouldbeassetoutinthisRegula­
tion,HASADOPTEDTHISREGULATION :
Article1
1.TheamountoftheaidprovidedforinArticle2for
inRegulation(EEC)No1491/85andtheamountofthe
specialaidprovidedforinArticle1ofRegulation(EEC)
No2286/88inthecaseofPortugalshallbeassetoutin
theAnnexhereto.
2.However,theamountofthesubsidyinthecaseof
advancefixingforthe1990/91marketingyearforsoja
beans,willbeconfirmedorreplacedasfrom1September
1990totakeintoaccount,whereappropriate,theapplica­
tionofmaximumguaranteedquantitiesforthismarke­
tingyear.
Article2
ThisRegulationshallenterintoforceon1September
1990.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31August1990.
FortheCommission
RayMACSHARRY
MemberoftheCommission
(')OJNoL164,24.6.1985,p.1.
(2)OJNoL201,31.7.1990,p.9.

1.9.90 OfficialJournaloftheEuropeanCommunities NoL237/79
ANNEX
totheCommissionRegulationof31August1990fixingtheaidforsoyabeans
i
(ECU/100kg)
Seedharvestedin
iSpain PortugalanotherMember
State
Seedprocessedincurrentperiod
—Spain 0,000 28,650 28,650
—Portugal 12,453 28,650(*)28,650
—anotherMemberState 22,453 28,650 28,650
Seedprocessedinfirstperiod
—Spain 0,000 28,234 28,234
—Portugal 22,037 28,234028,234
—anotherMemberState 22,037 28,234 28,234
Seedprocessedinsecondperiod(l)
—Spain 0,000 28,234 28,234
—Portugal 22,037 28,234028,234
—anotherMemberState 22,037 28,234 28,234
Seedprocessedinthirdperiod(l)
—Spain 0,000 28,317 28,317
—Portugal 22,120 28.317Q 28,317
—anotherMemberState 22,120 28,317 28,317
Seedprocessedinfourthperiod(')
—Spain 21,588 27,785 27,785
—Portugal 21,588 27,785027,785
—anotherMemberState 21,588 27,785 27,785
Seedprocessedinfifthperiod(') I
—Spain 21,372 27,569 27,569
—Portugal 21,372 27,569027,569
—anotherMemberState 21,372 27,569 27,569
(')Specialaid.
(')Subject,incasesofadvancefixingforthe1990/91marketingyear,toapplicationofmaximumguaranteedquan­
tityarrangements forthatmarketingyear.