1.12.88 OfficialJournaloftheEuropeanCommunities NoL328/41
COMMISSION REGULATION (EEC)No3747/88
of30November 1988
fixingtherateoftheaidfordriedfodder
favourableactualpurchasepossibilitiesexceptingthose
whichcannotbeconsideredrepresentative ofthereal
markettrend;whereasoffersandquotationsrecorded
duringthefirst25daysofthemonthinquestionfor
quantitiesthatcanbedeliveredduringthefollowing
calendarmontharetobeused;whereastheaverageworld
marketpricethusdeterminedisusedtofixtheaidrate
applicableonthefollowingmonth;
Whereasthenecessaryadjustmentsmustbemadeinthe
caseofoffersandquotationsnotofthetypereferredto
above;whereastheseadjustmentsweredefinedinArticle
3ofCommissionRegulation (EEC)No1528/78of30
June1978layingdowndetailedrulesfortheapplication
ofthesystemofaidfordriedfodder(6),aslastamended
byRegulation(EEC)No1963/88P);
Whereas,inaccordancewithArticle3ofRegulation
(EEC)No1417/78,whennoofferorquotationcanbe
usedtodeterminetheaverageworldmarketprice,that
priceisdeterminedonthebasisofthesumofthevalue
ofcompetingproducts;whereasthoseproductsare
definedinArticle3(3)ofRegulation(EEC)No1528/78;THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,andinparticularArticles5and
155thereof,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No1117/78
of22May1978onthecommonorganizationofthe
marketindriedfodder('),aslastamendedbyRegulation
(EEC)No3996/87(2),andinparticularArticle5(3)
thereof,
HavingregardtotheopinionoftheMonetaryCommittee,
Whereas,underArticle5(1)ofRegulation(EEC)No
1117/78,whentheguidepriceishigherthantheaverage
worldmarketprice,aidisgrantedfordriedfodderas
describedunderArticle1(b)and(c)ofthatRegulation
obtainedfromfodderplantsharvestedintheCommu­
nity;whereasthataidtakesaccountofapercentageof
thedifferencebetweenthesetwoprices;
Whereasthispercentageandtheguidepricewerefixed
byCouncilRegulation(EEC)No2257/88of19July1988
fixingforthe1988/89marketingyeartheguidepricefor
driedfodder(3);
Whereas,inordertodeterminetheamountoftheaid,
accountshouldbetakenamongthecalculationfactorsof
thelatestCommissionproposalstotheCouncilonprices
andrelatedmeasures;
Whereastheaverageworldmarketpriceisdeterminedfor
abulkpelletedproduct,deliveredtoRotterdam,ofthe
standardqualityforwhichtheguidepricehasbeenfixed;
Whereas,underCouncilRegulation(EEC)No1417/78of
19June1978ontheaidsystemfordriedfodder(4),aslast
amendedbyRegulation(EEC)No2256/88(*),theaverage
worldmarketpricefortheproductsdescribedinthefirst
andthirdindentsofArticle1(b)ofRegulation(EEC)No
1117/78istobedeterminedonthebasisofthemostWhereas,pursuanttoArticle11ofRegulation(EEC)No
1417/78,whenforwardpricesdifferfromthatapplyingin
themonthwhentheapplicationislodged,theaidrateis
adjustedbyacorrectingamountcalculatedfromthetrend
offorwardprices;
Whereas,wheretheaverageworldmarketpriceisdeter­
minedinaccordancewithArticle3ofRegulation(EEC)
No1417/78,thecorrectiveamountmustbeequaltothe
differencebetweentheaverageworldmarketpriceand
theaverageforwardworldmarketpricedeterminedby
applyingthecriterialaiddowninArticle3(3)ofRegula­
tion(EEC)No1528/78andvalidfordeliveryduringa
monthotherthanthatinwhichtheaidisintroduced,
adjustedbythepercentagefixedunderArticle5(2)of
Regulation(EEC)No1117/78;whereaswheretheaverage
forwardworldmarketpriceforoneormoremonths
cannotbedeterminedbyapplyingthecriterialaiddown
inArticle3(3)ofRegulation(EEC)No1528/78,the
correctiveamountmustbefixedforthemonthormonths
inquestionatalevelsuchthattheaidisequaltozero; (')OJNoL142,30.5.1978,p.1.
(2)OJNoL377,31.12.1987,p.35.0OJNoL199,26.7.1988,p.4.
(4)OJNoL171,28.6.1978,p.1.
0OJNoL199,26.7.1988,p.3.(«)OJNoL179,1.7.1978,p.10.0OJNoL173,5.7.1988,p.9.

NoL328/42 OfficialJournaloftheEuropeanCommunities 1.12.88
Whereasithasnotyetbeenpossibletofixthefixed
amountreferredtointhesecondsubparagraphofArticle
3(3)ofRegulation(EEC)No1528/78asregardsbarley
forthe1988/89marketingyear;
Whereas,iftheaidsystemistooperatenormally,refunds
shouldbecalculatedonthefollowingbasis;(
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,aconversionratebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85('),aslastamendedbyRegula­
tion(EEC)No1636/87(2),
—forothercurrenciesaconversionratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindentandontheaforesaidcorrectivefactor;
Whereastherateoftheadditionalaidmustbefixedonce
permonthsoastoensureapplicationoftheaidfromthe
firstdayofthemonthfollowingthedateofitsfixing;
Whereas,pursuanttoArticle120(1)ofthe1985Actof
Accession,theSpanishpricemustbealignedwiththe
commonpriceinaccordancewiththemethodlaiddown
inArticle70ofthatAct;Whereas,pursuanttoArticles120(2)and306(2)ofthe
ActofAccession,theadditionalaidapplicableinthese
twoMemberStatesistobeadjustedbyanamountequal
totheamountofcustomsdutiesonimportsofthese
productsfromthirdcountries;whereas,inaddition,in
Spaintheamountistobeadjustedbythedifference,
multipliedbythepercentagereferredtoinArticle5(2)of
Regulation(EEC)No1117/78,betweentheguideprice
appliedinSpainandthecommonguideprice;
Whereas,astheresultoftheapplicationsofallthese
provisionstotheoffersandquotationswhichthe
Commission hasrecorded,therateoftheadditionalaid
fordriedfoddermustbefixedasindicatedinthetable
annexedtothisRegulation,
HASADOPTEDTHISREGULATION :
Article1
TherateoftheaidreferredtoinArticle5(3)ofRegula­
tion(EEC)No1117/78isfixedintheAnnextothis
Regulation .
Article2
ThisRegulationshallenterintoforceon1December
1988.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30November1988.
FortheCommission
FransANDRIESSEN
Vice-President
(')OJNoL164,24.6.1985,p.1.0OJNoL153,13.6.1987,p.1.

1.12.88 OfficialJournaloftheEuropeanCommunities NoL328/43
ANNEX
totheCommissionRegulationof30.November1988fixingtherateoftheaidfordried
fodder
Aidapplicablefrom1December1988todriedfodder:
(ECU/tonne)
Fodderdehydratedbyartificialheat-drying
ProteinconcentratesFodderotherwisedried
Spain PortugalOther
Member
StatesSpain PortugalOther
Member
States
Aid 56,624 72,312 74,274 13,624 29,312 31,274
Aidincaseofadvancefixingforthemonthof:>
(ECU/tonne)
January1989
February1989
March1989
April1989
May1989(')
June1989(»)
July1989(')
August19890
September19890
October1989(')51,389
51,177
51,177
49,050
0,000
0,000
0,000
0,000
0,000
0,00066,979
66,763
66,763
64,596
0,000
0,000
0,000
0,000
0,000
0,00069,039
68,827
68,827
66,700
0,000
0,000
0,000
0,000
0,000
0,0008,389
8,177
8,177
6,050
0,000
0,000
0,000
0,000
0,000
0,000,23,979
23,763
23,763
21,596
0,000
0,000
0,000
0,000
0,000
0,00026,039
25,827
25,827
23,700
0,000
0,000
0,000
0,000
0,000
0,000
(')InaccordancewithArticle6(b)ofRegulation(EEC)No1528/78.