NoL168/86 OfficialJournaloftheEuropeanCommunities 29.6.91
COMMISSION REGULATION (EEC)No1885/91
of28June1991
fixingtheaidforsoyabeans
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No1491/85
of23May1985layingdownspecialmeasuresinrespect
ofsoyabeans('),aslastamendedbyRegulation(EEC)No
1724/91(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;
Whereastheguidepriceforsoyabeanswasfixedforthe
1991/92marketingyearbyCouncilRegulation(EEC)No
1726/91(4);
WhereasthepricesfixedbytheCouncilforthe1990/91
marketingyeararetobereducedinaccordancewith
CommissionRegulation(EEC)No1756/90of27June
1990establishingtheguidepricefixedinecusbythe
Councilinthesoyabeansectorandreducedasaresultof
themonetaryrealignmentof5January1990(5);
Whereas,pursuanttoCouncilRegulation (EEC)No
2194/85of25July1985adoptinggeneralrulescon­
cerningspecialmeasuresforsoyabeans(6),aslast
amendedbyRegulation(EEC)No1231/89Q,theworld
priceforsoyabeansistobedeterminedonthebasisof
themostfavourableactualpurchasingpossibility,withthe
exceptionofoffersandpriceswhichmaynotbecon­
sideredasrepresentative oftheactualmarkettrend;
whereasaccountistobetakenofoffersmadeonthe
worldmarketaswellasthepricesquotedonexchanges
whichareimportantintermsofinternationaltrade;
whereas,underthatRegulation,wherethesubsidytobegrantedisfixedinadvance,theamountofsuchsubsidy
mustbeequaltotheamountapplicableonthedayon
whichtheapplicationforadvancefixingwaslodged,
adjustedbythedifferencebetweenthetargetpricevalid
onthatdayandthetargetpricevalidontheidentification
day;whereassuchadjustmentshouldinvolveincreasing
orreducingtheamountofsubsidyapplicableontheday
onwhichtheapplicationwaslodgedbythecorrective
amountandthedifferencebetweenthetargetprices
mentionedinArticle33ofCommissionRegulation(EEC)
No2537/89of8August1989layingdowndetailedrules
fortheapplicationofthespecialmeasureforsoya
beans(8),aslastamendedbyRegulation(EEC)No
2427/90(9);
Whereas,pursuanttoRegulation (EEC)No2537/89,the
worldmarketpriceistobefixedper100kilogramsand
calculatedonthebasisofthemostfavourableoffersand
quotationsfordeliverywithin30daysfollowingthedate
whenthesaidoffersandquotationswererecorded;
Whereas,wheretheoffersandquotationsdonotcomply
withthesaidconditions,thenecessaryadjustmentsmust
becarriedout,particularlythosereferredtoinArticle40
ofRegulation(EEC)No2537/89;
Whereastheabatementofthesubsidyforsoyaseed
whicharises,whereappropriate,fromthesystemof
maximumguaranteedquantitiesforthe1990/91market­
ingyear,hasbeenfixedbyCommissionRegulation(EEC)
No3217/90(10);
Whereas,owingtothelackoftheadjustmentintherate
ofaidforsoyaseedresultingfromthemaximumguaran­
teedquantityarrangements forthe1991/92marketing
year,therateoftheaidforthismarketingyearhasonly
beenabletobecalculatedprovisionallyonthebasisof
theabatementforthe1990/91marketingyear;whereas
thisamountshouldthereforeonlybeappliedprovisio­
nallyandshouldbeconfirmedorreplacedoncethe
consequences ofthemaximumguaranteedquantityarran­
gementsareknown;
Whereas,ifthesaidsystemistooperatenormally,aid
shouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85("),aslastamendedbyRegu­
lation(EEC)No2205/90(12),
(')OJNoL151,10.6.1985,p.15.
(2)OJNoL162,26.6.1991,p.35.0OJNoL132,23.5.1990,p.13.
(4)OJNoL162,26.6.1991,p.39.0OJNoL162,28.6.1990,p.19.
(6)OJNoL204,2.8.1985,p.1.0OJNoL128,11.5.1989,p.24.(8)OJNoL245,22.8.1989,p.8.
OOJNoL228,22.8.1990,p.15.
HOJNoL308,8.11.1990,p.19
(")OJNoL164,24.6.1985,p.1.
12)OJNoL201,31.7.1990,p.9.

NoL168/87 29.6.91 OfficialJournaloftheEuropeanCommunities
—fortheothercurrencies,anexchangeratebasedonan
averageoftheecusratespublishedinthe'C'seriesof
theOfficialJournaloftheEuropeanCommunities
overaperiodtobedetermined,multipliedbythe
factorreferredtointheprecedingindent;
Whereastheaidshallbefixedasoftenasthemarketsitu­
ationsorequiresandsothatitcanbeappliedatleast
twiceamonth,oneofwhichtimesshallbefromthefirst
dayofeachmonth;
Whereasitfollowsfromapplyingtheseprovisionstothe
offersandquotationsknowntotheCommissionthatthe
subsidyonsoyabeansshouldbeassetoutinthisRegula­
tion,HASADOPTEDTHISREGULATION :
Article1
1.TheamountoftheaidprovidedforinArticle2of
Regulation(EEC)No1491/85shallbeassetoutinthe
Annexhereto.
2.However,theamountoftheaidforthe1991/92
marketingyearforsoyaseedshallbeconfirmedor
replacedwitheffectfrom1July1991totakeaccountof
theconsequences ofthemaximumguaranteedquantity
arrangements forthe1991/92marketingyear.
Article2
ThisRegulationshallenterintoforceon1July1991.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,28June1991.
FortheCommission
RayMACSHARRY
MemberoftheCommission
ANNEX
totheCommissionRegulationof28June1991fixingtheaidforsoyabeans
(ECU/100kg)
Current
period
7First
period
8Second
period
9Third
period
10(')Fourth
period
11(1)Fifth
period
12(')
Seedharvested :
—Spain 15,498 15,475 16,273 16,461 16,427 16,469
—anotherMemberState 21,042 21,019 20,087 20,275 20,241 20,283
(')Amountfixedprovisionally ,pendingandsubjecttotheapplicationofthemaximumguaranteedquantityarrangementsforthe1991/92.marketingyear,
conformingtotheadjustmentresultingfromthemaximumguaranteedquantityarrangementsappliedforthe1990/91marketingyear.