NoL248/50 OfficialJournaloftheEuropeanCommunities1.9.87
COMMISSION REGULATION (EEC)No2638/87
of31August1987
fixingtheaidforsoyabeans
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,theapplicationofthespecialmeasuresforsoyabeans(*),
aslastamendedbyRegulation(EEC)No2290/87Q,the
worldmarketpriceistobefixedper100kilogramsand
calculatedonthebasisofthemostfavourableoffersand
quotationsfordeliverywithin30daysfollowingthedate
whenthesaidoffersandquotationswererecorded;
Whereas,wheretheoffersandquotationsdonotcomply
withthesaidconditions,thenecessaryadjustmentsmust
becarriedout,particularlythosereferredtoinArticle2of
Regulation(EEC)No2329/85;HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation (EEC)No1491/85
of23May1985layingdownspecialmeasuresinrespect
ofsoyabeans('),asamendedbyRegulation (EEC)No
1921/87(2),andinparticularArticle2(7)thereof,
HavingregardtotheopinionoftheMonetaryCommittee,Whereastheestimatedproductionofsoyaseedforthe
1987/88marketingyearhasnotbeenfixed;whereasthe
amountto.bedeductedwhereappropriate,fromthe
subsidyincompliancewiththesystemofmaximum
guaranteedquantitiesreferredtoinArticle3a(3)of
Regulation(EEC)No1491/85anditseffectonthe
amountoftheaidcouldthereforenotbedetermined ;
whereastheamountsoftheaidshouldthereforeonlybe
appliedonatemporarybasisandshouldbeconfirmedor
replacedoncetheeffectsofthesystemofmaximum
guaranteedquantitiesforsoyaseedareknown;Whereas,pursuanttoArticle2(1)ofRegulation(EEC)No
1491/85,aidistobegrantedforsoyabeansharvested
withintheCommunitywheretheguidepricefora
marketingyearexceedstheworldprice;whereasthesaid
aidistobeequaltothedifferencebetweenthosetwo
prices;
Whereas,ifthesaidsystemistooperatenormally,aid
shouldbecalculatedonthefollowingbasis: Whereastheguidepriceforsoyabeansforthe1987/88
marketingyearwasfixedbyCouncilRegulation(EEC)
No1923/87(3);whereaspursuanttoArticles95(2)and
293(2)oftheActofAccessionofSpainandPortugalaid
forsoyabeansharvestedinthesetwoMemberStatesisto
beintroducedinaccordancewiththeprovisionsofpara­
graphs2and3ofthesaidArticlesfromthebeginningof
the1986/87marketingyear;—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(8),aslastamendedbyRegula­
tion(EEC)No1636/87(»);
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindent,andtheaforesaidcoefficient;
Whereastheaidrateapplyingduringthemarketingyear
shallbefixedtwiceamonthintimetobeappliedfrom
thefirstandthe16thdayofeachmonth;Whereas,pursuanttoCouncilRegulation(EEC)No
2194/85of25July1985adoptinggeneralrulesconcer­
ningspecialmeasuresforsoyabeans(4),asamendedby
Regulation(EEC)No2133/87(^;theworldpriceforsoya
beansistobedeterminedonthebasisofthemostfavou­
rableactualpurchasingpossibility,withtheexceptionof
offersandpriceswhichmaynotbeconsideredasrepre­
sentativeoftheactualmarkettrend;whereasacccountis
tobetakenofoffersmadeontheworldmarketaswellas
thepricesquotedonexchangeswhichareimportantin
termsofinternational trade;
Whereas,pursuanttoCommissionRegulation(EEC)No
2329/85of12August1985layingdowndetailedrulesforWhereasitfollowsfromapplyingtheseprovisionstothe
offersandquotationsknowntotheCommissionthatthe
subsidyonsoyabeansshouldbeassetoutinthisRegula­
tion,
(')OJNoL151,10.6.1985,p.15.
(2)OJNoL183,3.7.1987,p.19.
(3OJNoL183,3.7.1987,p.21.(«)OJNoL218,15.8.1985,p.16.0OJNoL209,31.7.1987,p.37.
(8)OJNoL164,24.6.1985,p.1.
MOJNoL153,13.6.1987,p.1.(4)OJNoL204,2.8.1985,p.1.
Is)OJNoL200,21.7.1987,p.2.

1.9.87 OfficialJournaloftheEuropeanCommunities NoL248/51
HASADOPTED THISREGULATION :
Article1effectsofapplicationofthesystemofmaximumguaran­
teedquantitiesforsoyaseed.
Article2
ThisRegulationshallenterintoforceon1September
1987.1.TheaidreferredtoinArticle2ofRegulation(EEC)
No1491/85isherebyfixedintheAnnex.
2.Incasesofadvancefixingoftheaidtheamount
shallhoweverbeconfirmedoralteredwitheffectfrom1
September1987totakeaccount,whereappropriate ,ofthe
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31August1987.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
Aidforsoyabeans(')
(ECU/100kg)
Seedharvestedin
Spain PortugalanotherMember
State
Seedprocessedin:
—Spain 0,000 33,615 33,615
—Portugal 21,789 0,000 33,615
—anotherMemberState 21,789 33,615 33,615
(*)Subjecttoconfirmationoftheamounttobedeductedinaccordancewiththesystemofguaranteedmaximum
quantities.