NoL361/18 OfficialJournaloftheEuropeanCommunities 23.12.78
COMMISSION REGULATION (EEC)No3048/78
of22December 1978
fixingtheamountofthesubsidyonoilseeds
THECOMMISSION OFTHEEUROPEAN
COMMUNITIES ,miningworldmarketpricesforoilseedsandfixedthe
frontiercrossingpointatRotterdam;
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtoCouncilRegulationNo136/66/EEC
of22September1966ontheestablishment ofa
commonorganizationofthemarketinoilsand
fats(*),aslastamendedbyRegulation(EEC)No
1562/78(2),andinparticularArticle27(4)thereof,
HavingregardtotheopinionoftheMonetary
Committee ,WhereasArticle1ofthatRegulationprovidesthat
whentheworldmarketpriceisbeingdetermined
accountshouldbetakenofalloffersontheworld
marketknowntotheCommissionandofquotations
onthoseexchangeswhicharesignificantforinterna­
tionaltrade;whereasArticle2ofCommissionRegula­
tionNo225/67/EECof28June1967ondetailed
rulesfordeterminingtheworldmarketpriceforoil
seeds(6),aslastamendedbyRegulation (EEC)No
1513/78(7),providesthatoffersandquotationswhich
donotrelatetoshipmentstobeeffectedwithin30
daysfollowingthedateonwhichtheworldmarket
priceisdeterminedshouldbedisregarded ;whereas
offersandquotationswhichtheCommissionbelieves,
inviewofgeneralpricemovementsorinformation
availabletoit,nottoberepresentative ofthereal
trendofthemarketmustalsobedisregarded ;whereas
offersandquotationsrelatingtoquantitiesoflessthan
500tonnesandoffersrelatingtoseedofaquality
otherthanthatnormallyacceptableontheworld
marketmustalsobedisregarded ;WhereasArticle27ofRegulationNo136/66/EEC
providesthatasubsidyshouldbegrantedinrespectof
oilseedsharvestedandprocessedwithintheCommu­
nitywhenthetargetpriceforaspeciesofseedis
higherthanthepriceontheworldmarket;whereas
theseprovisionsapplyonlyinrespectofcolza,rape
andsunflowerseeds;
Whereasthesubsidyonoilseedsshould,theoretically ,
beequaltothedifferencebetweenthosetwoprices;
Whereasthetargetpriceandthemonthlyincreasesin
thetargetpriceforoilseedsforthe1978/79
marketingyearwerefixedbyRegulations (EEC)No
1291/78P)and(EEC)No1292/78(4);WhereasArticle3ofRegulationNo225/67/EEC
providesthatoftheoffersandquotationstakeninto
consideration ,thosefordeliverycandfshouldbe
increasedby0.2%;whereasoffersandquotationsfor
deliveryfas,foborotherwiseshouldbeincreased,as
appropriate,byloading,transportandinsurancecosts
fromthepointofshipmentorloadingtothefrontier
crossingpoint;whereascifoffersandquotationsfor
frontiercrossingpointsotherthanRotterdamshould
beadjustedtoallowforthedifferenceintransport
costsascomparedwithaproductdeliveredcif
Rotterdam ;whereastheCommission shouldtake
accountonlyoftheloading,transportandinsurance
costswhichtoitsknowledgearethelowest;whereas,
finally,offersandquotationsfordeliverycif
Rotterdamshouldbeincreasedby0.20unitof
account :WhereasArticle29ofRegulationNo136/66/EEC
providesthattheworldmarketprice,calculatedfora
Communityfrontiercrossingpoint,istobedeter­
minedonthebasisofthemostefavourable
purchasingopportunities ,quotationsbeingadjusted
wherenecessarytotakeaccountofquotationsfor
competingproducts;
WhereasArticle4ofCouncilRegulation (No115/
67/EECof6June1967(5)laiddowncriteriafordeterWhereasArticle5ofRegulationNo115/67/EEC
providesthattheworldmarketpriceshouldbedeter­
minedforseedofthestandardqualityforwhichthe
targetpricehasbeenfixed,deliveredinbulk;(1)OJNo172,30.9.1966,p.3025/66.
I2)OJNoL185,7.7.1978,p.1.
(3)OJNoL160,17.6.1978,p.1.
(4)OJNoL160,17.6.1978,p.3. (6)OJNo136,30.6.1967,p.2919/67.
(5)OJNo111,10.6.1967,p.2196/67. (7)OJNoL178,1.7.1978,p.59.

23.12.78 NoL361/19 OfficialJournaloftheEuropeanCommunities
WhereasArticle3ofRegulationNo225/67/EEC
providesthatoffersandquotationsrelatingto
productspresentedotherwisethaninbulkshouldbe
adjustedbydeductingtheadditionalvalueresulting
fromthatrepresentation ;whereasoffersandquota­
tionsrelatingtoaqualityotherthanthestandard
qualityforwhichthetargetpricewasfixedshouldbe
adjustedonthebasisofthecoefficientsofequivalence
shownintheAnnextothatRegulation ;whereas,in
thecaseofoffersontheworldmarketforqualitiesof
colzaandrapeseedotherthanthoselistedinthat
Annex,coefficientsofequivalencederivedfromthose
listedinthatAnnexmay,pursuanttoArticle4of
RegulationNo225/67/EEC,beapplied;whereas,
whenderivedcoefficientsarebeingcalculated,
accountmustbetakenofthedifferencesbetween
pricesforthequalitiesofseedinquestionandprices
forthequalitieslistedinthatAnnex,andofthe
characteristics ofthesevariousseeds:
WhereasArticle2ofRegulationNo115/67/EEC
providesthat,wherenoofferorquotationcanbeused
asabasisfordeterminingtheworldmarketprice,that
priceshouldbedeterminedonthebasisofthevalue
oftheaveragequantitiesofoilandoilcakeresulting
fromtheprocessingof100kilogramsofseedwithin
theCommunitylessanamountcorresponding tothe
costofprocessingtheseseedsintooilandoilcake;
whereasthequantitiesandcoststobetakeninto
consideration forthepurposesofthecalculationare
fixedinArticle5ofRegulationNo225/67/EEC;
whereasthevalueofthosequantitiesshouldbedeter­
minedinaccordancewiththeprovisionsofArticle6
ofthatRegulation ;—thedifferencebetweenthepriceof100kilograms
ofcolza,rapeorsunflowerseeds,plusprocessing
costs,andthetotalofthepricesofthequantities
ofoilandoilcakeresultingfromtheprocessingof
thetypeofseedinquestion,and
—thedifferencebetweenthepriceof100kilograms
ofoneormoreotherseeds,plusprocessingcosts,
andthetotalofthepricesofthequantitiesofoil
andoilcakeresultingfromtheprocessingofthese
seeds;
Whereasthefactorstobetakenintoconsideration for
thepurposeofdeterminingthatmarginaredefinedin
Article8ofRegulationNo225/67/EEC;whereasno
adjustmentshouldbemadewherethemarginis
foundtobelessthan0-50unitofaccount;whereas
Article6(2)ofRegulationNo115/67/EECprovides
that,whentheamountoftheadjustmentisbeing
determined ,accountshouldbetakenoftheincidence
ofthemargininquestiononmarketingoperationsof
Communitytradersandonthedisposalofthevarious
typesofseedontheworldmarket;
WhereasCouncilRegulation(EEC)No2114/71of28
September1971onthesubsidyforoilseeds(1),as
amendedbyRegulation (EEC)No851/78(2),laid
downrulesforgrantingthesubsidyonoilseeds;
whereasunderthatRegulation,wherethesubsidyto
begrantedisfixedinadvance,theamountofsuch
subsidymustbeequaltotheamountapplicableon
thedayonwhichtheapplicationforadvancefixing
waslodged,adjustedbythedifferencebetweenthe
targetpricevalidonthatdayandthetargetpricevalid
onthedayonwhichtheseedsareplacedunder
controlatanoilmilland,whereappropriate ,acorrec­
tiveamount;whereasArticle36ofCommissionRegu­
lation(EEC)No1204/72of7June1972layingdown
detailedrulesfortheapplicationofthesubsidysystem
foroilseeds(3),aslastamendedbyRegulation(EEC)
No2980/78(4),providesthatsuchadjustmentshould
involveincreasingorreducingtheamountofsubsidy
applicableonthedayonwhichtheapplicationwas
lodgedbythedifferencebetweenthetargetpricevalid
duringthemonthduringwhichtheseedswereplaced
undercontrolatanoilmillandthetargetpricevalid
onthedayonwhichtheapplicationwaslodged;
WhereasArticle38ofRegulation(EEC)No1204/72
providesthatthecorrectiveamountmustbeequalto
thedifferencebetweentheworldmarketpricefor
colza,rapeandsunflowerseedsandtheforwardprice
forthoseseedsvalidforashipmenteffectedduring
themonthinwhichtheseedswereplacedunder
controlatanoilmill,thosepricesbeingdetermined
inaccordancewithArticles1,4and5ofRegulationWhereasArticle3ofRegulationNo115/67/EEC
providesthat,wherenoofferorquotationcanbeused
asabasisfordeterminingtheworldmarketpriceand
whereitis,moreover,impossibletoestablishthevalue
oftheoiloroilcakeprocessedfromsuchseed,the
worldmarketpriceshouldbedeterminedonthebasis
ofthemostrecentknownvalueforoiloroilcake,
adjustedtotakeaccountofthetrendofworldprices
forcompetingproductsbyapplyingtothatvaluethe
rulessetoutinArticle2ofRegulationNo115/
67/EEC;whereasArticle7ofRegulationNo225/
67/EECdefinescompetingproductsasthoseoilsor
oilcakes,asthecasemaybe,whichappeartohave
beenofferedinthelargestquantitiesontheworld
marketduringtheperiodunderconsideration ;
WhereasArticle6(1)ofRegulationNo115/67/EEC
providesthat,whentheworldmarketpriceofatype
ofseedisbeingdetermined ,thepriceusedshouldbe
adjustedbyanamountnotexceedingthemargin
between :(!)OJNo1222,2.10.1971,p.2.
(2)OJNoL116,28.4.1978,p.4.
(3)OJNoL133,10.6.1972,p.1.
(4)OJNoL355,19.12.1978,p.17.

NoL361/20 23.12.78 OfficialJournaloftheEuropeanCommunities
ofthesecurrenciesrecordedforagivenperiodin
relationtotheCommunitycurrenciesreferredto
intheprevioussubparagraph ;
Whereasitfollowsfromapplyingalltheseprovisions
totheoffersandquotationsknowntotheCommis­
sionthatthesubsidyoncolza,rapeandsunflower
seedsshouldbefixedasshowninthetableannexed
tothisRegulation,
HASADOPTEDTHISREGULATION :
Article1
TheamountofthesubsidyreferredtoinArticle27of
RegulationNo136/66/EECisherebyfixedasshown
inthetableannexedtothisRegulation .
Article2
ThisRegulationshallenterintoforceon25
December1978.115/67/EEC;whereas,ifnoofferandnopricecanbe
usedforsuchdetermination ,themethodofcalcula­
tionprovidedforinArticle38ofRegulation(EEC)
No1204/72shouldbeused;whereastheabove
mentioneddifferencemaybeadjustedpursuantto
Article39ofRegulation(EEC)No1204/72,account
beingtakenofpricesforsoyaseedsontheworld
market;
Whereasthesubsidyshouldbefixedwheneverthe
marketsituationmakesitnecessaryandinsuchaway
astoensureitsbeingappliedatleastonceaweek;
whereasthesubsidymaybealteredwheneverit
becomesobviousthatsuchalterationisnecessary;
Whereas,ifthesubsidysystemistooperatenormally,
subsidiesshouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedin
relationtoeachotheratanygivenmomentwithin
abandof2-25%,arateofexchangebasedon
theireffectiveparity;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeach
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,22December1978.
FortheCommission
FinnGUNDELACH
Vice-President

23.12.78 OfficialJournaloftheEuropeanCommunities NoL361/21
ANNEX
totheCommissionRegulationof22December1978fixingtheamountofthesubsidy
onoilseeds
Subsidyapplicablefrom25December1978tocolzaandrapeseed(CCTheadingNoex12.01)and
sunflowerseeds(CCTheadingNoex12.01)(u.a./100kg)
ColzaandrapeseedSunflowerseed
Subsidy 12.993 11.666
Subsidyinthecaseofadvancefixing:
—forthemonthofDecember1978 12-993 11.666
—forthemonthofJanuary1979 13-303 12.055
—forthemonthofFebruary1979 13.613 12.417
—forthemonthofMarch1979 13.938 12-779
—forthemonthofApril1979 14.696 —
—forthemonthofMay1979 14-696 —