30.5.87 OfficialJournaloftheEuropeanCommunities NoL141/15
COMMISSION REGULATION (EEC)No1504/87
of27May1987
fixingtherateoftheadditionalaidfordriedfodder
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,Whereastheaverageworldmarketpriceisdeterminedfor
abulkpelletedproduct,deliveredtoRotterdam,ofthe
standardqualityforwhichtheguidepricehasbeenfixed;
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,andinparticularArticles5and
155thereof,
HavingregardtotheActofAccessionofSpainand
Portugal,Whereas,underCouncilRegulation(EEC)No1417/78of
19June1978ontheaidsystemfordriedfodder(3),aslast
amendedbyRegulation(EEC)No1173/87(4),theaverage
worldmarketpricefortheproductsdescribedinthefirst
indentofArticle1(b)ofRegulation(EEC)No1117/78is
tobedeterminedonthebasisofthemostfavourable
actualpurchasepossibilitiesexceptingthosewhichcannot
beconsideredrepresentative oftherealmarkettrend;
whereasoffersandquotationsrecordedduringthefirst25
daysofthemonthinquestionforquantitiesthatcanbe
deliveredduringthefollowingcalendarmontharetobe
used;whereastheaverageworldmarketpricethusdeter­
minedisusedtofixthesupplementary aidrateapplicable
onthefollowingmonth;HavingregardtoCouncilRegulation(EEC)No1117/78
of22May1978onthecommonorganizationofthe
marketindriedfodder('),aslastamendedbyRegulation
(EEC)No1985/86(2),andinparticularArticle5(3)
thereof,
Whereasthenecessary ,adjustmentsmustbemadeinthe
caseofoffersandquotationsnotofthetypereferredto
above;whereastheseadjustmentsweredefinedinArticle
3ofCommissionRegulation(EEC)No1528/78of30
June1978layingdowndetailedrulesfortheapplication
ofthesystemofaidfordriedfodderaslastamended
byRegulation(EEC)No1325/87(*);HavingregardtotheopinionoftheMonetaryCommittee,
Whereas,underArticle5(1)ofRegulation (EEC)No
1117/78,whentheguidepriceishigherthantheaverage
worldmarketprice,asupplementary aidisgivenfordried
fodderasdescribedunderArticle1(b)and(c)ofthat
Regulationobtainedfromfodderplantsharvestedinthe
Community ;whereasthisaidisequaltoapercentageof
thedifferencebetweenthesetwoprices;
WhereastheCouncilhasnotyetadoptedtheguideprice
forthe1987/88marketingyear;whereastheCommis­
sion,invirtueofthepowersconferredonitbytheTreaty,
musttakethenecessarymeasurestoensurethatthe
commonagriculturalpolicycontinuestooperateinthe
driedfoddersectorand,inparticular,thattheabovemen­
tionedsupplementary aidcontinuestobegranted;Whereas,whennoofferoforquotationfortheproducts
describedinthefirstindentofArticle1(b)ofRegulation
(EEC)No1117/78canbeusedtodeterminetheaverage
worldmarketprice,itistobedeterminedfromofferson
theworldmarketof,andquotationson,theexchanges
importantforinternational tradefortheproducts
describedinthesecondindentofArticle1(b)ofRegula­
tion(EEC)No1117/78;Whereas,inordertodeterminetherateofsupplementary
aid,calculationsshouldbebased,ontheonehand,ona
priceequaltotheguidepricefixedforthe1986/87
marketingyearand,ontheotherhand,onpercentages
similartothosefixedforthatmarketingyearunder
Article5(2)ofRegulation(EEC)No1117/78;
Whereas,sincetheinterventionpriceforbarleyin
1987/88wasnotavailable,theamountsofaidforthe
monthsconcerned,whereadvancefixingtakesplace,were
fixedonthebasisofCommissionproposalstothe
Council;whereasthoseamounts ,mustbeappliedona
provisionalbasisandmustbeconfirmedorreplaced
whenthe1987/88pricesareknown;Whereas,underArticle3ofRegulation (EEC)No
1417/78,whennoofferorquotationcanbeusedtodeter­
minetheaverageworldmarketprice,thispriceisdeter­
minedonthebasisofhesumofthevalueofcompeting
products;whereasthoseproductsaredefinedinArticle3
(3)ofRegulation(EEC)No1528/78;
(3)OJNoL171,28.6.1978,p.1.
(4)O)NoL218,27.7.1982,p.2.
OOJNoL179,1.7.1978,p.10.
OOJNoL125,14.5.1987,p.24.(■)OJNoL142,30.5.1978,p.1.0OJNoL171,28.6.1986,p.4.

NoL141/16 OfficialJournaloftheEuropeanCommunities 30.5.87
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindentandtheaforesaidcoefficient;Whereas,underArticle11ofRegulation(EEC)No
1417/78,whenforwardpricesdifferfromthatapplyingin
themonthwhentheapplicationislodged,thesupple­
mentaryaidrateisadjustedbyacorrectingamountcalcu­
latedfromthetrendofforwardprices;
Whereastherateoftheadditionalaidmustbefixedonce
permonthsoastoensureapplicationoftheaidfromthe
firstdayofthemonthfollowingthedateofitsfixing;
Whereas,pursuanttoArticle120(1)ofthe1985Actof
Accession,theSpanishpricemustbealignedwiththe
commonpriceinaccordancewiththemethodlaiddown
inArticle70ofthatAct;whereasthecorrectingamountisequaltothedifference
betweentheaverageworldmarketpriceandtheaverage
forwardworldmarketpricemultipliedbythepercentage
fixedinArticle3ofCouncilRegulation(EEC)No
1315/85(');whereaswhenforoneofthemonthsfollo­
wingthatoftheintroductionofsupplementary aidthe
averageforwardworldmarketpricecannotbedetermined
byapplyingthecriteriaspecifiedinArticle1ofRegula­
tion(EEC)No1417/78,thepricedeterminedforthe
previousmonthisusedtocalculatethedifference;
whereaswhenfortwoormoreconsecutivemonthsfollo­
wingthatoftheintroductionofsupplementary aid,the
averageforwardworldmarketpricescannotbedeter­
minedbyapplyingthecriteriasetoutinArticle1of
Regulation(EEC)No1417/78,thepricesforthemonths
inquestionaredeterminedbyapplyingthecriterialaid
downinArticle3ofRegulation(EEC)No1417/78;Whereas,pursuanttoArticles120(2)and306(2)ofthe
ActofAccession,theadditionalaidapplicableinthese
twoMemberStatesistobeadjustedbyanamountequal
totheincidenceofcustomsdutiesonimportsofthese
productsfromthirdcountries;whereas,inaddition,in
Spaintheamountistobeadjustedbythedifference,
multipliedbythepercentagereferredtoinArticle5(2)of
Regulation(EEC)No1117/78,betweentheguideprice
appliedinSpainandthecommonguideprice;
Whereas,astheresultoftheapplicationsofallthese
provisionstotheoffersandquotationswhichthe
Commissionhasrecorded,therateoftheadditionalaid
fordriedfoddermustbefixedasindicatedinthetable
annexedtothisRegulation,Whereas,wheretheaverageworldmarketpriceisdeter­
minedinaccordancewithArticle3ofRegulation(EEC)
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
monthormonthsinquestionatalevelsuchthatthe
supplementary aidisequaltozero;HASADOPTEDTHISREGULATION :
Article1
1.TherateoftheaidreferredtoinArticle5(3)of
Regulation(EEC)No1117/78isfixedintheAnnexto
thisRegulation .Whereas,iftheaidsystemistooperatenormally,refunds
shouldbecalculatedonthefollowingbasis;
2.Theamountsofaidshallbeconfirmedorreplaced
witheffectfrom1June1987totakeaccountofthe
Councildecisionsapplicableforthe1987/88marketing
year.—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85Q,
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof Article2
(')OJNoL137,27.5.1985,p.28.
(2)OJNoL164,24.6.1985,p.1. ThisRegulationshallenterintoforceon1June1987.

30.5.87 OfficialJournaloftheEuropeanCommunities NoL141/17
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,27May1987.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
totheCommissionRegulationof27May1987fixingtherateoftheadditionalaidfordried
fodder
Additionalaidapplicablefrom1June1987todriedfodder
(ECU/tonne)
Dehydratedfodderex12.10BProteinconcentrates ex23.06BFodderotherwisedried
ex12.10B
Spain PortugalOther
Member
StatesSpain PortugalOther
Member
States
Additionalaid 78,858099,\630100,918039,429049,5820.50,4590
Additionalaidincaseofadvancefixingforthemonthof:
(ECU/tonne)
July1987(') 74,200 94,400 96,260 37,100 47,200 48,130
August1987(') 74,200 94,400 96,260 37,100 47,200 48,130
September1987(') 73,481 93,665 95,541 36,741 46,833 47,771
October19870 73,481 93,665 95,541 36,741 46,833 47,771
November19870 72,907 93,078 94,967 36,454 46,539 47,484
December19870 72,907 93,078 94,967 36,454 46,539 47,484
January19880 72,548 92,71194,608 36,274 46,356 47,304
February1988(') 72,548 92,71194,608 36,274 46,356 47,304
March19880 72,548 92,71194,608 36,274 46,356 47,304
(')SubjecttotheCouncildecisiononthepricesandrelatedmeasuresforthe1987/88marketingyear.