NoL81/60 OfficialJournaloftheEuropeanCommunities28.3.91
COMMISSION REGULATION (EEC)No771/91
of27March1991
fixingtheaidforsoyabeans
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No1491/85
of23May1985layingdownspecialmeasuresinrespect
ofsoyabeans('),aslastamendedbyRegulation(EEC)No
3577/90(2),andinparticularArticle2(7)thereof,
HavingregardtotheopinionoftheMonetaryCommittee,
Whereas,pursuanttoArticle2(1)ofRegulation(EEC)No
1491/85,aidistobegrantedforsoyabeansharvested
withintheCommunitywheretheguidepricefora
marketingyearexceedstheworldprice;whereasthesaid
aidistobeequaltothedifferencebetweenthosetwo
prices;
Whereastheguidepriceforsoyabeansforthe1990/91
marketingyearwasfixedbyCouncilRegulation(EEC)
No1319/90(3);whereas,pursuanttoArticles95and293
oftheActofAccessionofSpainandPortugal,aidforsoya
beansharvestedinthesetwoMemberStatesistobe
calculatedinaccordancewiththeprovisionsofparagraphs
2and3ofthesaidArticles;
WhereasthepricesfixedbytheCouncilaretobereduced
inaccordancewithCommissionRegulation (EEC)No
1756/90of27June1990establishingtheguideprice
fixedinecusbytheCouncilinthesoyabeansectorand
reducedasaresultofthemonetaryrealignmentof5
January1990(4);
Whereas,pursuanttoCouncilRegulation(EEC)No
2194/85of25July1985adoptinggeneralrulescon­
cerningspecialmeasuresforsoyabeans(*),aslast
amendedbyRegulation(EEC)No1231/89(6),theworld
priceforsoyabeansistobedeterminedonthebasisof
themostfavourableactualpurchasingpossibility,withthe
exceptionofoffersandpriceswhichmaynotbeconsi­
deredasrepresentative oftheactualmarkettrend;
whereasaccountistobetakenofoffersmadeonthe
worldmarketaswellasthepricesquotedonexchanges
whichareimportantintermsofinternationaltrade;
whereas,underthatRegulation,wherethesubsidytobe
grantedisfixedinadvance,theamountofsuchsubsidy
mustbeequaltotheamountapplicableonthedayon
whichtheapplicationforadvancefixingwaslodged,adjustedbythedifferencebetweenthetargetpricevalid
onthatdayandthetargetpricevalidontheidentification
day;whereassuchadjustmentshouldinvolveincreasing
orreducingtheamountofsubsidyapplicableontheday
onwhichtheapplicationwaslodgedbythecorrective
amountandthedifferencebetweenthetargetprices
mentionedinArticle33ofCommissionRegulation(EEC)
No2537/89of8August1989layingdowndetailedrules
fortheapplicationofthespecialmeasureforsoya
beansQ,aslastamendedbyRegulation (EEC)No
2427/90(8);
Whereas,pursuanttoRegulation(EEC)No2537/89,the
worldmarketpriceistobefixedper100kilogramsand
calculatedonthebasisofthemostfavourableoffersand
quotationsfordeliverywithin30daysfollowingthedate
whenthesaidoffersandquotationswererecorded;
Whereas,wheretheoffersandquotationsdonotcomply
withthesaidconditions,thenecessaryadjustmentsmust
becarriedout,particularlythosereferredtoinArticle40
ofRegulation(EEC)No2537/89;
Whereastheabatementofthesubsidyforsoyaseed
whicharises,whereappropriate,fromthesystemof
maximumguaranteedquantitiesforthe1990/91marke­
tingyear,hasbeenfixedbyCommissionRegulation
(EEC)No3217/90C);
Whereas,owingtothelackofaguidepriceforsoyaseed
andoftheadjustmentintherateofaidresultingfromthe
maximumguaranteedquantityarrangements forthe
1991/92marketingyear,therateoftheaidfixedin
advanceforthismarketingyearhasonlybeenabletobe
calculatedprovisionallyonthebasisoftheCommission's
priceproposalstotheCouncil;whereasthisamount
shouldthereforeonlybeappliedprovisionallyandshould
beconfirmedorreplacedoncethepricesandrelated
measuresandtheconsequences ofthemaximumguaran­
teedquantityarrangements forthe1991/92marketing
yearareknown;
Whereas,ifthesaidsystemistooperatenormally,aid
shouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(10),aslastamendedbyRegu­
lation(EEC)No2205/90("),
')OJNoL151,10.6.1985,p.15.
2)OJNoL353,17.12.1990,p.23.
')OJNoL132,23.5.1990,p.13.
4)OJNoL162,28.6.1990,p.19.jOJNoL204,2.8.1985,p.1.
6)OJNoL128,11.5.1989,p.24.f)OJNoL245,22.8.1989,p.8.
(8)OJNoL228,22.8.1990,p.15.0OJNoL308,8.11.1990,p.19.
(10)OJNoL164,24.6.1985,p.1.
(")OJNoL201,31.7.1990,p.9.

28.3.91 OfficialJournaloftheEuropeanCommunities NoL81/61
—fortheothercurrencies,anexchangeratebasedonan
averageoftheecusratespublishedinthe'C'seriesof
theOfficialJournaloftheEuropeanCommunities
overaperiodtobedetermined,multipliedbythe
factorreferredtointheprecedingindent;
Whereastheaidshallbefixedasoftenasthemarketsitu­
ationsorequiresandsothatitcanbeappliedatleast
twiceamonth,oneofwhichtimesshallbefromthefirst
dayofeachmonth;HASADOPTEDTHISREGULATION :
Article1
1.TheamountoftheaidprovidedforinArticle2of
Regulation(EEC)No1491/85shallbeassetoutinthe
Annexhereto.
2.However,theamountoftheaidfixedinadvancefor
the1991/92marketingyearforsoyaseedshallbe
confirmedorreplacedwitheffectfrom1April1991to
takeaccountofthepricesandrelatedmeasuresforthe
1991/92marketingyearandoftheconsequences ofthe
maximumguaranteedquantityarrangements .
Article2
ThisRegulationshallenterintoforceon1April1991.Whereasitfollowsfromapplyingtheseprovisionstothe
offersandquotationsknowntotheCommissionthatthe
subsidyonsoyabeansshouldbeassetoutinthisRegula­
tion,
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,27March1991.
FortheCommission
RayMACSHARRY
MemberoftheCommission
ANNEX
totheCommissionRegulationof27March1991fixingtheaidforsoyabeans
(ECU/100kg)
Current
period
4First
period
5Second
period
6Third
period
7Fourth
period
8Fifth
period
9(')
Seedharvested :
—Spain 16,720 17,605 17,422 17,468 16,302 16,267
—anotherMemberState 22,264 23,149 22,966 23,012 21,846 19,991
(')Amountfixedprovisionally ,pendingandsubjecttothesettingofthepricesandrelatedmeasuresandoftheapplicationofthemaximumguaranteed
quantityarrangementsforthe1991/92marketingyear,onthebasisinparticular:
—oftheCommission'sproposalsforthe1991/92marketingyearasregardsthequideprice,
—theadjustmentresultingfromthemaximumguaranteedquantityarrangementsappliedforthe1990/91marketingyear.