NoL281/44 OfficialJournaloftheEuropeanCommunities 30.9.89
COMMISSION REGULATION (EEC)No2939/89
of29September1989
fixingtherateoftheaidfordriedfodder
duringthefirst25daysofthemonthinquestionfor
quantitiesthatcanbedeliveredduringthefollowing
calendarmontharetobeused;whereastheaverageworld
marketpricethusdeterminedisusedtofixtheaidrate
applicableonthefollowingmonth;THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,
HavingregardtotheActofAccessionofSpainand
Portugal,
Whereasthenecessaryadjustmentsmustbemadeinthe
caseofoffersandquotationsnotofthetypereferredto
above;whereastheseadjustmentsweredefinedinArticle
3ofCommissionRegulation(EEC)No1528/78of30
June1978layingdowndetailedrulesfortheapplication
ofthesystemofaidfordriedfodder(*),aslastamended
byRegulation(EEC)No2293/890;HavingregardtoCouncilRegulation(EEC)No1117/78
of22May1978onthecommonorganizationofthe
marketindriedfodder('),aslastamendedbyRegulation
(EEC)No2275/89(2),andinparticularArticle5(3)
thereof,
HavingregardtotheopinionoftheMonetaryCommittee,
Whereas,inaccordancewithArticle3ofRegulation
(EEC)No1417/78,whennoofferorquotationcanbe
usedtodeterminetheaverageworldmarketprice,that
priceisdeterminedonthebasisofthesumofthevalue
ofcompetingproducts;whereasthoseproductsare
definedinArticle3(3)ofRegulation(EEC)No1528/78;Whereas,underArticle5(1)ofRegulation(EEC)No
1117/78,whentheguidepriceishigherthantheaverage
worldmarketprice,aidisgrantedfordriedfodderas
describedunderArticle1(b)and(c)ofthatRegulation
andobtainedfromfodderplantsharvestedinthe
Community ;whereasthataidtakesaccountofapercen­
tageofthedifferencebetweenthesetwoprices;
Whereas,pursuanttoArticle11ofRegulation(EEC)No
1417/78,whenforwardpricesdifferfromthatapplyingin
themonthwhentheapplicationislodged,theaidrateis
adjustedbyacorrectingamountcalculatedfromthetrend
offorwardprices;Whereasthispercentageandtheguidepricewerefixed
byCouncilRegulation(EEC)No1111/89of27April
1989fixingforthe1989/90marketingyeartheguide
pricefordriedfodder(3);
Whereastheaverageworldmarketpriceisdeterminedfor
abulkpelletedproduct,deliveredtoRotterdam,ofthe
standardqualityforwhichtheguidepricehasbeenfixed;
Whereas,underCouncilRegulation(EEC)No1417/78of
19June1978ontheaidsystemfordriedfodder(4),aslast
amendedbyRegulation(EEC)No1110/89(%theaverage
worldmarketpricefortheproductsdescribedinthefirst
andthirdindentsofArticle1(b)ofRegulation(EEC)No
1117/78istobedeterminedonthebasisofthemost
favourableactualpurchasepossibilitiesexceptingthose
whichcannotbeconsideredrepresentative ofthereal
markettrend;whereasoffersandquotationsrecordedWhereas,wheretheaverageworldmarketpriceisdeter­
minedinaccordancewithArticle3ofRegulation(EEC)
No1417/78,thecorrectiveamountmustbeequaltothe
differencebetweentheaverageworldmarketpriceand
theaverageforwardworldmarketpricedeterminedby
applyingthecriterialaiddowninArticle3(3)ofRegula­
tion(EEC)No1528/78andvalidfordeliveryduringa
monthotherthanthatinwhichtheaidisintroduced,
adjustedbythepercentagefixedunderArticle5(2)of
Regulation(EEC)No1117/78;whereaswheretheaverage
forwardworldmarketpriceforoneormoremonths
cannotbedeterminedbyapplyingthecriterialaiddown
inArticle3(3)ofRegulation(EEC)No1528/78,the
correctiveamountmustbefixedforthemonthormonths
inquestionatalevelsuchthattheaidisequaltozero; (')OJNoL142,30.5.1978,p.1.
(2)OJNoL218,28.7.1989,p.1.
(3)OJNoL118,29.4.1989,p.4.
(4)OJNoL171,28.6.1978,p.1.4OJNoL118,29.4.1989,p.3.(«)OJNoL179,1.7.1978,p.10.0OJNoL218,28.7.1989,p.30.

30.9.89 OfficialJournaloftheEuropeanCommunities NoL281/45
Whereas,iftheaidsystemistooperatenormally,refunds
shouldbecalculatedonthefollowingbasis;
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,aconversionratebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85('),aslastamendedbyRegula­
tion(EEC)No1636/87(2),
—forothercurrenciesaconversionratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindentandontheaforesaidcorrectivefactor;
Whereastherateoftheadditionalaidmustbefixedonce
permonthsoastoensureapplicationoftheaidfromthe
firstdayofthemonthfollowingthedateofitsfixing;
Whereas,pursuanttoArticle120(1)ofthe1985Actof
Accession,theSpanishpricemustbealignedwiththe
commonpriceinaccordancewiththemethodlaiddown
inArticle70ofthatAct;
Whereas,pursuanttoArticles120(2)and306(2)ofthe
ActofAccession,theadditionalaidapplicableinthesetwoMemberStatesistobeadjustedbyanamountequal
totheamountofcustomsdutiesonimportsofthese
productsfromthirdcountries;whereas,inaddition,in
Spaintheamountistobeadjustedbythedifference,
multipliedbythepercentagereferredtoinArticle5(2)of
Regulation(EEC)No1117/78,betweentheguideprice
appliedinSpainandthecommonguideprice;
Whereas,astheresultoftheapplicationsofallthese
provisionstotheoffersandquotationswhichthe
Commissionhasrecorded,therateoftheadditionalaid
fordriedfoddermustbefixedasindicatedinthetable
annexedtothisRegulation,
HASADOPTEDTHISREGULATION :
Article1
TherateoftheaidreferredtoinArticle5(3)ofRegula­
tion(EEC)No1117/78isfixedintheAnnextothis
Regulation.
Article2
ThisRegulationshallenterintoforceon1October1989.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,29September1989.
FortheCommission
RayMACSHARRY
MemberoftheCommission
(l)OJNoL164,24.6.1985,p.1.
V)OJNoL153,13.6.1987,p.1.

NoL281/46 OfficialJournaloftheEuropeanCommunities 30.9.89
ANNEX
totheCommissionRegulationof29September1989fixingtherateoftheaidfordried
fodder
Aidapplicablefrom1October1989todriedfodder:
(ECU/tonne)
IFodderdehydratedbyartificialheatdrying
ProteinconcentratesFodderotherwisedried
Spain PortugalOther
Member
StatesPortugalOther
Member
States
Aid 61,463 73,140 74,703 40,140 41,703
Aidincaseofadvancefixingforthemonthof:
I (ECU/tonne)
November1989 61,591 73,270 74,831 40,270 41,831
December1989 61,591 73,270 74,831ll 40,270 41,831
January1990 59,711 71,361 72,951II 38361 39,951
February1990 59,147 70,789 72,387ll 37,789 39,387
March1990 59,147 70,789 72,387 37,789 39,387