NoL339/23 1.12.87 OfficialJournaloftheEuropeanCommunities
COMMISSION REGULATION (EEC)No3587/87
of30November 1987
fixingtherateoftheaidfordriedfodder
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);
WhereasCommissionRegulation (EEC)No2334/87(4),
fixedtheratereferredtoinArticle5(2)ofRegulation
(EEC)No1117/78;
Whereas,intheabsenceoftheguidepricefordried
fodderandofthepercentagesreferredtoinArticle5of
Regulation(EEC)No1117/78forthe1988/89marketing
year,therateoftheaidincaseofadvancefixingforthe
monthsconcernedhasbeenobtainableonlyprovisionally
andshouldbeconfirmedorreplacedoncetheguideprice
andthepercentagesreferredtoinArticle5ofRegulation
(EEC)No1117/78forthe1988/89marketingyearare
known;
Whereastheaverageworldmarketpriceisdeterminedfor
abulkpelletedproduct,deliveredtoRotterdam,ofthe
standardqualityforwhichtheguidepricehasbeenfixed;
Whereas,underCouncilRegulation(EEC)No1417/78of
19June1978ontheaidsystemfordriedfodder(*),aslast
amendedbyRegulation(EEC)No1173/87(*),theaverage
worldmarketpricefortheproductsdescribedinthefirst
indentofArticle1(b)ofRegulation(EEC)No1117/78is
tobedetermined onthebasisofthemostfavourable
actualpurchasepossibilitiesexceptingthosewhichcannot
beconsideredrepresentative oftherealmarkettrend;whereasoffersandquotationsrecordedduringthefirst25
daysofthemonthinquestionforquantitiesthatcanbe
deliveredduringthefollowingcalendarmontharetobe
used;whereastheaverageworldmarketpricethusdeter­
minedisusedtofixthesupplementary aidrateapplicable
onthefollowingmonth;
Whereasthenecessaryadjustmentsmustbemadeinthe
caseofoffersandquotationsnotofthetypereferredto
above;whereastheseadjustmentsweredefinedinArticle
3ofCommissionRegulation(EEC)No1528/78of30
June1978layingdowndetailedrulesfortheapplication
ofthesystemofaidfordriedfodderf7),aslastamended
byRegulation(EEC)No2334/87(8);
Whereas,whennoofferoforquotationfortheproducts
describedinthefirstindentofArticle1(b)ofRegulation
(EEC)No1117/78canbeusedtodeterminetheaverage
worldmarketprice,itistobedeterminedfromofferson
theworldmarketof,andquotationson,theexchanges
importantforinternational tradefortheproducts
describedinthesecondindentofArticle1(b)ofRegula­
tion(EEC)No1117/78;
Whereas,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(9);whereaswhenforoneofthemonthsfol­
lowingthatoftheintroductionofaidtheaverageforward
worldmarketpricecannotbedeterminedbyapplyingthe
criteriaspecifiedinArticle1ofRegulation(EEC)No
1417/78,thepricedeterminedforthepreviousmonthis
usedtocalculatethedifference;whereaswhenfortwoor
moreconsecutivemonthsfollowingthatoftheintroduc­
tionofaid,theaverageforwardworldmarketprices
cannotbedeterminedbyapplyingthecriteriasetoutin
Article1ofRegulation(EEC)No1417/78,thepricesfor
themonthsinquestionaredeterminedbyapplyingthe
criterialaiddowninArticle3ofRegulation(EEC)No
1417/78;
Whereas,wheretheaverageworldmarketpriceisdeter­
minedinaccordancewithArticle3ofRegulation(EEC) (■)OJNoL142,30.5.1978,p.1.
(2)OJNoL184,3.7.1987,p.6.
(3OJNoL184,3.7.1987,p.7.
(4)OJNoL210,1.8.1987,p.63.
(*)OJNoL171,28.6.1978,p.1.
MOJNoL113,30.4.1987,p.13.0OJNoL179,1.7.1978,p.10.
(8)OJNoL210,1.8.1987,p.63.
0OJNoL137,27.5.1985,p.28.

NoL339/24 OfficialJournaloftheEuropeanCommunities1.12.87
No1417/78,thecorrectiveamountmustbeequaltothe
differencebetweentheaverageworldmarketpriceand
theaverageforwardworldmarketpricedeterminedby
applyingthecriterialaiddowninArticle3(3)ofRegula­
tion(EEC)No1528/78andvalidfordeliveryduringa
monthotherthanthatinwhichtheaidisintroduced ,
adjustedbythepercentagefixedunderArticle5(2)of
Regulation(EEC)No1117/78fortheproductconcerned ;
whereaswheretheaverageforwardworldmarketpricefor
oneormoremonthscannotbedeterminedbyapplying
thecriterialaiddowninArticle3(3)ofRegulation(EEC)
No1528/78,thecorrectiveamountmustbefixedforthe
monthormonthsinquestionatalevelsuchthattheaid
isequaltozero;
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
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindentandtheaforesaidcoefficient;
Whereas,pursuanttoArticles120(2)and306(2)ofthe
ActofAccession,theaidapplicableinthesetwoMemberStatesistobeadjustedbyanamountequaltotheinci­
denceofcustomsdutiesonimportsoftheseproducts
fromthirdcountries;whereas,inaddition,inSpainthe
amountistobeadjustedbythedifference,multipliedby
thepercentageandtheamountreferredtoinArticle5(2)
ofRegulation(EEC)No1117/78,betweentheguideprice
appliedinSpainandthecommonguideprice;
Whereas,astheresultoftheapplicationsofallthese
provisionstotheoffersandquotationswhichthe
Commission hasrecorded,therateoftheaidfordried
foddermustbefixedasindicatedinthetableannexedto
thisRegulation,
HASADOPTEDTHISREGULATION :
Article1
1.TherateoftheaidreferredtoinArticle5(3)of
Regulation(EEC)No1117/78isfixedintheAnnexto
thisRegulation .
2.TherateoftheaidincaseofadvancefixingforMay
andJune1988shall,however,beconfirmedorreplaced
witheffectfrom1December1987totakeintoaccount
theguidepricewhichisfixedfordriedfodderandthe
percentagesreferredtoinArticle5ofRegulation(EEC)
No1117/78forthe1988/89marketingyear.
Article2
ThisRegulationshallenterintoforceon1December
1987.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30November1987.
FortheCommission
FransANDRIESSEN
Vice-President
(')OJNoL164,24.6.1985,p.1.
(2)OJNoL153,13.6.1987,p.1.

1.12.87 OfficialJournaloftheEuropeanCommunities NoL339/25
ANNEX
totheCommissionRegulationof30November1987therateoftheaidfordriedfodder
Aidapplicablefrom1December1987todriedfodder
(ECU/tonne)
'Dehydratedfodderex12.10B
Proteinconcentrates ex23.06BFodderotherwisedried
ex12.10B
Spain PortugalOther
Member
StatesSpain PortugalOther
Member
States
Aid 74,548 94,756 96,608 31,548 51,756 53,608
Aidincaseofadvancefixingforthemonthof:
I (ECU/tonne)
January1988 73,937 94,131 95,997 30,937 51,131 Sl?97
February1988 74,100 94,298 96,160 31,100 51,298 53,160
March1988 74,100 94,298 96,160 31,100 51,298 53,160
April1988 74,364 94,568 96,424 31,364 51,568 53,424
May1988 77,191 97,458 99,251 34,191 54,458 56,251
June1988(') 77,191 97,458 99,251 34,191 54,458 56,251
July1988(2) 0,000 0,000 0,000 0,000 0,000 0,000
August1988(2) 0,000 0,000 0,000 0,000 0,000 0,000
September1988(2) 0,000 0,000 0,000 0,000 0,000 0,000
October1988(2) 0,000 0,000 0,000 0,000 0,000 0,000
(')Subjecttothefixingforthe1988/89marketingyearoftheguidepricefordriedfodderandofthepercentagesmentionedinArticle5ofRegulation(EEC)
No1117/78andrelatedmeasures .
(*)InaccordancewithArticle6(b)ofRegulation(EEC)No1528/78.