NoL173/28 OfficialJournaloftheEuropeanCommunities 1.7.86
COMMISSION REGULATION (EEC)No2021/86
of30June1986
fixingtheamountofthesubsidyonoilseeds
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,1986/87marketingyearhavebeenfixedinRegulations
(EEC)No1457/860,and(EEC)No1458/86(8);
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,Whereasestimatedproductionofcolza,rapeand
sunflowerseedforthe1986/87marketingyearhasnot
beenfixed;whereastheamount,whereappropriate,tobe
deductedfromthesubsidyincompliancewiththesystem
ofmaximumguaranteedquantitiesreferredtoinArticle
27aofRegulationNo136/66/EECcouldthereforenotbe
determined ;whereastheCouncilfixedbyRegulation
(EEC)No1457/86thetargetpriceforsunflowerseedfor
the1986/87marketingyearonthebasisofanoilcontent
of44%forwhichthecoefficientofequivalencewith
seedofotherqualitieshasnotbeenfixed;whereasthe
amountsofthesubsidyshouldthereforeonlybeapplied
onatemporarybasisandshouldbeconfirmedorreplaced
oncetheeffectsofthesystemofmaximumguaranteed
quantitiesforcolza,rapeandsunflowerseedandthe
coefficientofequivalenceofsunflowerseedareknown;HavingregardtoCouncilRegulationNo136/66/EECof
22September1966ontheestablishment ofacommon
organizationofthemarketinoilsandfats(')aslast
amendedbyRegulation (EEC)No1454/86(2)andin
particularArticle27(4)thereof,
HavingregardtoCouncilRegulation (EEC)No
1678/85(3)fixingtheconversionratestobeappliedin
agriculture,aslastamendedbyRegulation (EEC)No
1333/86(4), WhereasArticle29ofRegulationNo136/66/EEC
providesthattheworldmarketprice,calculatedfora
Communityfrontiercrossingpoint,istobedetermined
onthebasisofthemostfavourablepurchasingopportuni­
ties,quotationsbeingadjustedwherenecessarytotake
accountofquotationsforcompetingproducts;HavingregardtoCouncilRegulation(EEC)No1569/72
of20July1972layingdownspecialmeasuresforcolza,
rapeandsunflowerseed(*),aslastamendedbyRegulation
(EEC)No1474/84(6),andinparticularArticle2(3)
thereof,
WhereasArticle4ofCouncilRegulationNo115/67/EEC
of6June1967layingdowncriteriafordetermining
worldmarketpricesforoilseedsandfixingthefrontier
crossingpoint(9),aslastamendedbyRegulation(EEC)
No1983/82(l0),fixedthesaidcrossingpointat
Rotterdam ;whereasArticle1ofthatRegulationprovides
thatwhentheworldmarketpriceisbeingdetermined
accountshouldbetakenofalloffersontheworldmarket
knowntotheCommissionandofquotationsonthose
exchangeswhicharesignificantforinternationaltrade;
whereasArticle2ofCommissionRegulationNo225/
67/EECof28June1967ondetailedrulesfordetermi­
ningtheworldmarketpriceforoilseeds("),aslast
amendedbyRegulation(EEC)No1844/86(l2),provides
thatoffersandquotationswhichdonotrelatetoship­
mentstobeeffectedwithin30daysfollowingthedateon
whichtheworldmarketpriceisdeterminedshouldbe
disregarded ;whereasoffersandquotationswhichthe
Commissionbelieves,inviewofgeneralpricemovements
orinformationavailabletoit,nottoberepresentative ofHavingregardtotheopinionoftheMonetaryCommittee ,
WhereasArticle27ofRegulationNo136/66/EEC
providesthatasubsidyshouldbegrantedinrespectofoil
seedsharvestedandprocessedwithintheCommunity
whenthetargetpriceforaspeciesofseedishigherthan
thepriceontheworldmarket;whereastheseprovisions
atpresentapplyonlyinrespectofcolza,rapeand
sunflowerseeds;
Whereasthesubsidyonoilseedsshould,theoretically ,be
equaltothedifferencebetweenthosetwoprices;
Whereasthetargetpriceandthemonthlyincrementsin
thetargetpriceofcolza,rapeandsunflowerseedforthe
(')OJNo172,30.9.1966,p.3025/86.
(2)OJNoL133,21.5.1986,p.8.
(3)OJNoL132,21.5.1983,p.33.
(<)OJNoL119,8.5.1986,p.1.
OOJNoL167,25.7.1972,p.9.OOJNoL133,21.5.1986,p.12.
0OJNoL133,21.5.1986,p.14.0OJNo111,10.6.1967,p.2196/67.
HOJNoL215,23.7.1982,p.6.
(")OJNo136,30.6.1967,p.2919/67.
12OJNoL159,14.6.1986,p.16. f6)OJNoL143,30.5.1984,p.4.

1.7.86 OfficialJournaloftheEuropeanCommunities NoL173/29
bedeterminedinaccordancewithArticle6ofthat
Regulation ;therealtrendofthemarketmustalsobedisregarded ;
whereasoffersandquotationsrelatingtoquantitiesofless
than500tonnesandoffersrelatingtoseedofaquality
otherthanthatnormallyacceptableontheworldmarket
mustalsobedisregarded ;
WhereasArticle3ofRegulationNo115/67/EECprovides
that,wherenoofferorquotationcanbeusedasabasis
fordeterminingtheworldmarketpriceandwhereitis,
moreover,impossibletoestablishthevalueoftheoilor
oilcakeprocessedfromsuchseed,theworldmarketprice
shouldbedeterminedonthebasisofthemostrecent
knownvalueforoiloroilcake,adjustedtotakeaccount
ofthetrendofworldpricesforcompetingproductsby
applyingtothatvaluetherulessetoutinArticle2of
RegulationNo115/67/EEC;whereasArticle7ofRegula­
tionNo225/67/EECdefinescompetingproductsasthose
oilsoroilcakes,asthecasemaybe,whichappeartohave
beenofferedinthelargestquantitiesontheworldmarket
duringtheperiodunderconsideration ;WhereasArticle3ofRegulationNo225/67/EECprovides
thatoftheoffersandquotationstakenintoconsideration ,
thosefordeliverycandfshouldbeincreasedby0,2%;
whereasoffersandquotationsfordeliveryfas,fobor
otherwiseshouldbeincreased,asappropriate,byloading,
transportandinsurancecostsfromthepointofshipment
orloadingtothefrontiercrossingpoint;whereascif
offersandquotationsforfrontiercrossingpointsother
thanRotterdamshouldbeadjustedtoallowforthediffe­
renceintransportandinsurancecostsascomparedwitha
productdeliveredcifRotterdam ;whereastheCommis­
sionshouldtakeaccountonlyoftheloading,transport
andinsurancecostswhichtoitsknowledgearethe
lowest;whereas,finally,offersandquotationsfordelivery
cifRotterdamshouldbeincreasedby0,242ECU;Whereas,underArticle6ofRegulationNo115/67/EEC,
thepricedeterminedforcolza,rapeandsunflowerseeds
mustalsobeadjustedbyanamountnotexceedingthe
margin,ascalculatedinaccordancewiththatArticle,
wherethatmarginmayaffectthenormaldisposalofseeds
harvestedintheCommunity ;WhereasArticle5ofRegulationNo115/67/EECprovides
thattheworldmarketpriceshouldbedeterminedfor
seedofthestandardqualityforwhichthetargetpricehas
beenfixed,deliveredinbulk;
Whereasthefactorstobetakenintoconsideration forthe
purposeofdeterminingthatmarginaredefinedinArticle
8ofRegulationNo225/67/EEC;whereasnoadjustment
shouldbemadewherethemarginisfoundtobelessthan
0,604ECU;WhereasArticle3ofRegulationNo225/67/EECprovides
thatoffersandquotationsrelatingtoproductspresented
otherwisethaninbulkshouldbeadjustedbydeducting
theadditionalvalueresultingfromthatpresentation ;
whereasoffersandquotationsrelatingtoaqualityother
thanthestandardqualityforwhichthetargetpricewas
fixedshouldbeadjustedonthebasisofthecoefficientsof
equivalenceshownintheAnnextothatRegulation ;
whereas,inthecaseofoffersontheworldmarketfor
qualitiesofcolzaandrapeseedotherthanthoselistedin
thatAnnex,coefficientsofequivalencederivedfromthose
listedinthatAnnexmay,pursuanttoArticle4ofRegula­
tionNo225/67/EEC,beapplied;whereas,whenderived
coefficientsarebeingcalculated,accountmustbetakenof
thedifferencesbetweenpricesforthequalitiesofseedin
questionandpricesforthequalitieslistedinthatAnnex,
andofthecharacteristics ofthesevariousseeds:WhereasCouncilRegulation(EEC)No1594/83of14
June1983onthesubsidyforoilseeds(')laiddownrules
forgrantingthesubsidyonoilseeds;-whereas,underthat
Regulation,wherethesubsidytobegrantedisfixedin
advance,theamountofsuchsubsidymustbeequaltothe
amountapplicableonthedayonwhichtheapplication
foradvancefixingwaslodged,adjustedbythedifference
betweenthetargetpricevalidonthatdayandthetarget
pricevalidonthedayonwhichtheseedsareplaced
undercontrolatanoilorfeedmilland,whereappro­
priate,acorrectiveamount;whereasArticle35of
Commission Regulation (EEC)No2681/83of21
September1983layingdowndetailedrulesfortheappli­
cationofthesubsidysystemforoilseeds(2),aslast
amendedbyRegulation (EEC)No869/86(3),provides
thatsuchadjustmentshouldinvolveincreasingorredu­
cingtheamountofsubsidyapplicableonthedayon
whichtheapplicationwaslodgedbythecorrective
amountandthedifferencebetweenthetargetprices
mentionedinArticle35ofRegulation (EEC)No
2681/83;WhereasArticle2ofRegulationNo115/67/EECprovides
that,wherenoofferorquotationcanbeusedasabasis
fordeterminingtheworldmarketprice,thatpriceshould
bedeterminedonthebasisofthevalueoftheaverage
quantitiesofoilandoilcakeresultingfromtheproces­
singof100kilogramsofseedwithintheCommunityless
anamountcorresponding tothecostofprocessingthese
seedsintooilandoilcake;whereasthequantitiesand
coststobetakenintoconsideration forthepurposesof
thecalculationarefixedinArticle5ofRegulationNo
225/67/EEC;whereasthevalueofthosequantitiesshould(')OJNoL163,22.6.1983,p.44.
(2)OJNoL266,28.9.1983,p.1.
3)OJNoL81,26.3.1986,p.10.

NoL173/30 OfficialJournaloftheEuropeanCommunities 1.7.86
WhereasArticle37ofRegulation (EEC)No2681/83
providesthatthecorrectiveamountmustbeequaltothe
differencebetweentheworldmarketpriceforcolza,rape
andsunflowerseedsandtheforwardpriceforthoseseeds
validforashipmenteffectedduringthemonthinwhich
theseedswereplacedundercontrolatanoilmill,those
pricesbeingdeterminedinaccordancewithArticles1,4
and5ofRegulationNo115/67/EEC;whereas,ifnooffer
andnopricecanbeusedforsuchdetermination ,the
methodofcalculationprovidedforinArticle37ofRegu­
lation(EEC)No2681/83shouldbeused;whereasthe
abovementioned differencemaybeadjustedinaccordance
withArticle38ofRegulation(EEC)No2681/83,account
beingtakenofthepricesofthemaincompetingcereals;
Whereastheaidforcolza,rapeorsunflowerseed
harvestedorprocessedinSpainorPortugalistobe
advisedasprovidedforinCouncilRegulation(EEC)No
478/86(');whereaspursuanttoArticle95(2)and293(2)
oftheActofAccessionofSpainandPortugalthisaidis
tobeintroducedatthebeginningofthe1986/87marke­
tingyearforseedharvestedinthesetwoMemberStates;—theconversionrateresultingfromthecentralrate,
(b)forItaly,theUnitedKingdomandGreece,the
differencebetween :
—therelationshipbetweentheconversionrateused
underthecommonagriculturalpolicyforthe
currencyoftheMemberStateconcernedandthe
centralrateofeachofthecurrenciesofthe
MemberStatesreferredtoin(a),and
—thespotmarketrateforthecurrencyofthe
MemberStateinquestioninrelationtoeachof
thecurrenciesoftheMemberStatesreferredtoin
(a),asrecordedoveraperiodtobedetermined ;
Whereas,however,pursuanttoArticle2aofRegulation
(EEC)No1569/72,themonetarydisparityforthemarke­
tingyears1984/85to1986/87willbecalculatedbya
methodwhichtakesintoaccountacoefficientappliedto
theconversionrateresultingfromthecentralrate;
whereasRegulation(EEC)No2679/85(3)fixedthecoeffi­
cient;
WhereasRegulation(EEC)No1813/84specifiesthespot
andforwardexchangeratesandtheperiodtobeusedfor
calculatingthedifferentialamounts;whereasincases
where,foroneormoremonths,quotationsofforward
exchangeratesarenotavailable,theratesadoptedforthe
previousmonthsorthefollowingmonths,asthecasemay
be,mustbeused;
Whereasthesubsidyshouldbefixedwheneverthe
marketsituationmakesitnecessaryandinsuchawayas
toensureitsbeingappliedatleastonceaweek;whereas
thesubsidymaybealteredwheneveritbecomesobvious
thatsuchalterationisnecessary;
Whereasitfollowsfromapplyingtheseprovisionstothe
offersandquotationsknowntotheCommissionthat,
pursuanttoArticle33ofRegulation(EEC)No2681/83
theamountofthesubsidyinECUandtheamountofthe
subsidyineachofthenationalcurrenciesmustbefixed
inaccordancewiththeAnnextothisRegulation ;
whereas,pursuanttothesameArticle,thespotand
forwardexchangeratesfortheECUinnationalcurrencies
determinedinaccordancewithArticle4ofRegulation
(EEC)No1813/84mustalsobepublished,Whereas,inArticle14ofCouncilRegulation(EEC)No
475/86(2)andArticle12ofCouncilRegulation(EEC)No
476/86(3)of25February1986layingdowngeneralrules
forthemechanismforcontrollingthepricesandthe
quantitiesofcertainproductsintheoilsandfatssector
releasedforconsumptioninSpainandPortugalrespecti­
vely,provisionismadeforthegrantingofcompensatory
aid,subjecttocertainconditions ;whereascompensatory
aidshouldbefixedforsunflowerseedsharvestedinSpain
andPortugal;
WhereasArticle33ofRegulation (EEC)No2681/83
providesforthepublicationoftheamountofthefinal
subsidyobtainedfromtheconversionintoeachofthe
nationalcurrenciesoftheamountinECUresultingfrom
thecalculationreferredtoaboveplusorminusthediffe­
rentialamount;whereasArticle1ofRegulation(EEC)
No1813/84(2)definedtheelementswhichdeterminethe
differentialamounts;whereastheseelementsareequalto
theincidenceonthetargetpriceorthesubsidyofthe
coefficientderivedfromthepercentagereferredtoin
Article2(1)ofRegulation(EEC)No1569/72;whereas,
accordingtotheseprovisions,thispercentagerepresents :
(a)forthoseMemberStateswhosecurrenciesaremain­
tainedasbetweenthemselveswithinaspreadatany
givenmomentof2,25%,thedifferencebetween:
—theconversionrateusedunderthecommon
agriculturalpolicy,and-HASADOPTEDTHISREGULATION :
Article1
1.Theamountsofthesubsidyandtheexchangerates
referredtoinArticle33(2)and(3)ofRegulation(EEC)
No2681/83shallbeassetoutintheAnnexhereto.(■)OJNoL53,1.3.1986.
(2)OJNoLS3,1.3.1986,p.47.
(3)OJNoL53,1.3.1986,p.51.
4)OJNoL170,29.6.1984,p.41 0OJNoL254,25.9.1985,p.14.

1.7.86 OfficialJournaloftheEuropeanCommunities NoL173/31
from1July1986totakeintoaccountwhereappropriate,
theeffectsoftheapplicationofthesystemofmaximum
guaranteedquantitiesforcolza,rapeandsunflowerseed.2.Theamountofthecompensatory aidreferredtoin
Article14ofRegulation(EEC)No475/86andArticle12
ofRegulation (EEC)No476/86shallbeasshownin
AnnexIItothisRegulationforsunflowerseedharvested
inSpainandPortugal.
3.Theamountofthesubsidyinthecaseofadvance
fixingforJuly,August,September,October,November
andDecember1986forcolzaandrapeseedandfor
August,September,OctoberandNovember1986for
sunflowerseedwillhoweverbeconfirmedorreplacedasArticle2
ThisRegulationshallenterintoforceon1July1986.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30June1986.
FortheCommission
FransANDRIESSEN
Vice-President

NoL173/32 OfficialJournaloftheEuropeanCommunities 1.7.86
ANNEXI
Aidstocolzaandrapeseed
(amountsper100kilograms)
Current
month2ndmonth(')3rdmonth(')4thmonth(')5thmonth(')6thmonth(')
1.Grossaids(ECU)
—Spain 0,610 0,610 0,610 0,610 0,610 0,610
—Portugal 0,000 0,000 0,000 0,000 0,000 0,000
—OtherMemberStates 26,863 26,863 27,763 29,009 29,505 30,001
2.Finalaids
(a)Seedharvestedandprocessedin:
—FederalRepublicofGermanyl
(DM) 65,40 65,40 67,54 70,57 71,75 73,29
—Netherlands (Fl) 73,69 73,69 76,08 79,49 80,83 82,51
—BLEU(Bfrs/Lfrs) 1250,111250,11 1292,48 1350,50 1373,75 1391,56
—France(FF) 182,00 182,00 188,28 196,94 200,46 204,76
—Denmark(Dkr) 228,63 228,63 236,33 247,00 251,24 255,09
—Ireland(£Irl) -20,225 20,225 20,912 21,837 22,215 22,537
—UnitedKingdom(£) 15,536 15,536 16,127 16,958 17,269 17,455
—Italy(Lit) 40148 40145 41399 43225 43989 44584
—Greece(Dr) 2548,48 2548,48 2674,39 2742,29 2800,16 2784,70
(b)SeedharvestedinSpainand
processed :
—inSpain(Pta) 88,94 88,94 88,94 88,94 88,94 88,94
—inaMemberStatelistedat(a)
(Pta) 3043,09 3043,09 3139,44 3325,16 3364,36 3436,67
(c)SeedharvestedinPortugaland
processed :
—inPortugal(Esc) 0,00 0,00 0,00 0,00 0,00 0,00
—inaMemberStatelistedat(a)
(Esc) 3941,30 3929,66 4022,27 4218,97 4226,36 4301,66
(')Subjecttotheamounttobedeductedincompliancewiththesystemofmaximumguaranteedquantities.

1.7.86 OfficialJournaloftheEuropeanCommunities NoL173/33
ANNEXII
Aidstosunflowerseed
(amountsper100kilograms)
Current
month2ndmonth 3rdmonth(')4thmonth(')5thmonth(')
1.Grossaids(ECU)
—Spain— 1,720 1,720 1,720 1,720
—Portugal .— 0,000 0,000 0,000 0,000
—OtherMemberStates 40,717 37,027 37,027 37,637 37,921
2.Finalaidsl
(a)Seedharvestedandprocessedin(2):
—FederalRepublicofGermany
(DM) 98,50 89,69 89,71 91,29 91,99
—Netherlands (Fl) 110,98 101,06 101,06 102,84 103,63
—BLEU(Bfrs/Lfrs) 1871,07 1726,16 1726,16 1753,95 1767,11
—France(FF) 273,99 253,82 253,50 257,26 259,12
—Denmark(Dkr) 339,25 315,40 315,40 320,61 323,02
—Ireland(£Irl) 30,085 27,953 27,950 28,380 28,592
—UnitedKingdom(£) 23,661 21,857 21,857 i22,240 22,398
—Italy(Lit) 57942 55740 55575 56356 56770
—Greece(Dr) 3267,04 3711,09 3649,30 3682,22 3704,63
(b)SeedharvestedinSpainandI\
processed :
—inSpain(Pta)— 250,77 250,77 250,77 250,77
—inaMemberStatelistedat(a)ll
(Pta)— 3064,28 3025,75 3114,79 3200,96
(c)SeedharvestedinPortugaland
processed:l
—inPortugal(Esc)— 0,00 0,00 0,00 0,00
—inSpain(Esc)— 5670,52 5618,67 5714,92 5804,64
—inaMemberStatelistedat(a)
(Esc)— 5466,78 5416,79 5509,58 5599,30
3.Compensatory aids:
—inSpain(Pta)— 2881,74 2843,21 2927,09 3013,26
—inPortugal(Esc)— 5426,47 5376,48 5468,13 5557,85
(')Subjecttotheamounttobedeductedincompliancewiththesystemofmaximumguaranteedquantities .
(2)ForseedharvestedintheCommunityasconstitutedat31December1985andprocessedinSpain,theamountsshownin2(a)tobemulti­
pliedby1,037269.
ANNEXIII
ExchangerateoftheECUtobeusedforconvertingfinalaidsintothecurrencyofthe
processingcountrywhenthelatterisacountryotherthanthecountryofproduction
(valueof1ECU)
Current
month2ndmonth 3rdmonth 4thmonth 5thmonth 6thmonth
DM 2,148580 2,143760 2,138990 2,134640 2,134640 2,122560
Fl 2,419380 2,417220 2,414950 2,412570 2,412570 2,403470
Bfrs/Lfrs 43,913400 43,909700 43,910000 43,909600 43,909600 43,918100
FF 6,854580 6,854870 6,855780 6,856490 6,856490 6,858950
Dkr 7,973370 7,977660 7,984310 7,991720 7,991720 8,020940
£Irl 0,709057 0,710272 0,711594 0,712804 0,712804 0,716080
£ 0,638250 0,639682 0,641135 0,642262 0,642262 0,645969
Lit 1474,28 1480,47 1486,03 1491,62 1491,62 1507,06
Dr 135,47710 137,17770 139,02910 141,26470 141,26470 147,26030
Pta 137,51650 138,68870 139,34010 139,99210 139,99210 141,69030
Esc 145,41470 147,25720 148,72320 150,14170 150,14170 154,88710