NoL146/38 OfficialJournaloftheEuropeanCommunities 31.5.86
COMMISSION REGULATION (EEC)No1688/86
of30May1986
fixingtherateoftheadditionalaidfordriedfodder
actualpurchasepossibilitiesexceptingthosewhichcannot
beconsideredrepresentative oftherealmarkettrend;
whereasoffersandquotationsrecordedduringthefirst25
daysofthemonthinquestionforquantitiesthatcanbe
deliveredduringthefollowingcalendarmontharetobe
used;whereastheaverageworldmarketpricethusdeter­
minedisusedtofixthesupplementary aidrateapplicable
onthefollowingmonth;
Whereasthenecessaryadjustmentsmustbemadeinthe
caseofoffersandquotationsnotofthetypereferredto
above;whereastheseadjustmentsweredefinedinArticle
3ofCommissionRegulation(EEC)No1528/78of30
June1978layingdowndetailedrulesfortheapplication
ofthesystemofaidfordriedfodder^,aslastamended
byRegulation(EEC)No3760/85P),
Whereaswhennoofferoforquotationfortheproducts
describedinthefirstindentofArticle1(b)ofRegulation
(EEC)No1117/78canbeusedtodeterminetheaverage
worldmarketpriceitistobedeterminedfromofferson
theworldmarketofandquotationsontheexchanges
importantforinternational tradefortheproducts
describedinthesecondindentofArticle1(b)ofRegula­
tion(EEC)No1117/78;THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No1117/78
of22May1978onthecommonorganizationofthe
marketindriedfodder('),aslastamendedbyRegulation
(EEC)No1349/86(2),andinparticularArticle5(3)
thereof,
HavingregardtotheopinionoftheMonetaryCommittee,
Whereas,underArticle5(1)ofRegulation(EEC)No
1117/78,whentheguidepriceishigherthantheaverage
worldmarketpriceasupplementary aidisgivenfordried
fodderasdescribedunderArticle1(b)and(c)ofthat
Regulationobtainedfromfodderplantsharvestedinthe
Community ;whereasthisaidisequaltoapercentageof
thedifferencebetweenthesetwoprices;
Whereasthispercentageandtheguidepricewerefixed
byCouncilRegulation(EEC)No1350/86of6May1986
fixingforthe1986/87marketingyeartheflat-rate
productionaidandtheguidepricefordriedfodder(3);
Whereasintheabsenceofthethresholdpriceforbarley
applicableduringthe1986/87marketingyear,aid
amountsforthemonthsconcernedhavebeenfixedon
thebasisoftheCommission'sproposalstotheCouncil;
whereastheseamountsmustbeprovisionallyappliedand
confirmedoralteredwhenthe1986/87marketingyear
pricesareknown;
Whereastheaverageworldmarketpriceisdeterminedfor
abulkpelletedproductdeliveredtoRotterdamofthe
standardqualityforwhichtheguidepricehasbeenfixed;
Whereas,underCouncilRegulation(EEC)No1417/78of
19June1978ontheaidsystemfordriedfodder(4),aslast
amendedbyRegulation(EEC)No2026/82(*),theaverage
worldmarketpricefortheproductsdescribedinthefirst
indentofArticle1(b)ofRegulation(EEC)No1117/78is
tobedeterminedonthebasisofthemostfavourableWhereas,underArticle3ofRegulation (EEC)No
1417/78,whennoofferorquotationcanbeusedtodeter­
minetheaverageworldmarketpricethispriceisdeter­
minedonthebasisofthesumofthevalueofcompeting
products;whereasthoseproductsaredefinedinArticle3
(3)ofRegulation(EEC)No1528/78;
Whereas,underArticle11ofRegulation (EEC)No
1417/78,whenforwardpricesdifferfromthatapplyingin
themonthwhentheapplicationislodged,thesupple­
mentaryaidrateisadjustedbyacorrectingamountcalcu­
latedfromthetrendofforwardprices;
Whereasthecorrectingamountisequaltothedifference
betweentheaverageworldmarketpriceandtheaverage
forwardworldmarketpricemultipliedbythepercentage
fixedinArticle3ofRegulation (EEC)No1315/85;
whereaswhenforoneofthemonthsfollowingthatofthe
introductionofsupplementary aidtheaverageforward
worldmarketpricecannotbedeterminedbyapplyingthe
criteriaspecifiedinArticle1ofRegulation(EEC)No
1417/78,thepricedeterminedforthepreviousmonthis (')OJNoL142,30.5.1978,p.1.
(2)OJNoL119,8.5.1986,p.43.
(3)OJNoL119,8.5.1986,p.44.
(4)OJNoL171,28.6.1978,p.1.0OJNoL218,27.7.1982,p.2.(«)OJNoL179,1.7.1978,p.10.0OJNoL356,31.12.1985,p.65.

31.5.86 OfficialJournaloftheEuropeanCommunities NoL146/39
usedtocalculatethedifference;whereas,whenfortwoor
moreconsecutivemonthsfollowingthatoftheintroduc­
tionofsupplementary aid,theaverageforwardworld
marketpricescannotbedeterminedbyapplyingthe
criteriasetoutinArticle1ofRegulation (EEC)No
1417/78,thepricesforthemonthsinquestionaredeter­
minedbyapplyingthecriterialaiddowninArticle3of
Regulation(EEC)No1417/78;
Whereas,wheretheaverageworldmarketpriceisdeter­
minedinaccordancewithArticle3ofRegulation(EEC)
No1417/78,thecorrectiveamountmustbeequaltothe
differencebetweentheaverageworldmarketpriceand
theaverageforwardworldmarketpricedeterminedby
applyingthecriterialaiddowninArticle3(3)ofRegula­
tion(EEC)No1528/78andvalidfordeliveryduringa
monthotherthanthatinwhichthesupplementary aidis
introduced,adjustedbythepercentagefixedunderArticle
5(2)ofRegulation(EEC)No1117/78fortheproduct
concerned;whereaswheretheaverageforwardworld
marketpriceforoneormoremonthscannotbedeter­
minedbyapplyingthecriterialaiddowninArticle3(3)
ofRegulation(EEC)No1528/78,thecorrectiveamount
mustbefixedforthemonthormonthsinquestionata
levelsuchthatthesupplementary aidisequaltozero;
Whereas,iftheaidsystemistooperatenormally,refunds
shouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/850),
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesinrelationtotheCommunitycurren­ciesreferredtointhepreviousindentandtheafore­
saidcoefficient ;
Whereastherateoftheadditionalaidmustbefixedonce
permonthsoastoensureapplicationoftheaidfromthe
firstdayofthemonthfollowingthedateofitsfixing;
WhereaspursuanttoArticles120(2)and306(2)ofthe
ActofAccessionofSpainandPortugaltheadditionalaid
applicableinthesetwoMemberStatesistobeadjustedby
anamountequaltotheincidenceofcustomsdutieson
importsoftheseproductsfromthirdcountries;whereas
inadditioninSpaintheamountistobeadjustedbythe
difference,multipliedbythepercentagereferredtoin
Article5(2)ofRegulation(EEC)No1117/78,between
theguidepriceappliedinSpainandthecommonguide
price;
Whereas,astheresultoftheapplicationsofallthese
provisionstotheoffersandquotationswhichthe
Commission hasrecorded,therateoftheadditionalaid
fordriedfoddermustbefixedasindicatedinthetable
annexedtothisRegulation,
HASADOPTEDTHISREGULATION :
Article1
1.TherateoftheaidreferredtoinArticle5(3)of
Regulation(EEC)No1117/78isfixedintheAnnexto
thisRegulation .
2.However,theamountsoftheaidwillbeconfirmed
orreplacedwitheffectfrom1June1986totakeaccount
ofthethresholdpriceofbarleyadoptedinrespectofthe
1986/87marketingyear.
Article2
ThisRegulationshallenterintoforceon1June1986.
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,30May1986.
FortheCommission
FransANDRIESSEN
Vice-President
(')OJNoL164,24.6.1985,p.1.

NoL146/40 OfficialJournaloftheEuropeanCommunities 31.5.86
ANNEX
totheCommissionRegulationof30May1986fixingtherateoftheadditionalaidfordried
fodder
Additionalaidapplicablefrom1June1986todriedfodder
(ECU/tonne)
Dehydratedfodderex12.10B
Proteinconcentrates ex23.06BFodderotherwisedried
ex12.10B
Spain PortugalOther
Member
StatesSpain PortugalOther
Member
States
Additionalaid(') 54,841 78,749 81,311 27,421 39,375 40,656
Additionalaidincaseofadvancefixingforthemonthof:
(ECU/tonne)
July1986 60,960 85,028 87,430 30,480 42,514 43,715
August1986(') 62,907 87,026 89,377 31,454 43,513 44,689
September1986(') 62,852 86,970 89,322 31,426 43,485 44,661
October1986(') 65,490 89,677 91,960 32,745 44,839 45,980
November1986(') 65,490 89,677 91,960 32,745 44,839 45,980
December1986(') 65,490 89,677 91,960 32,745 44,839 45,980
January1987(2) 0 0 0 0 0 0
February1987(2) 0 0 0 0 0 0
March1987(2) 0 0 0 0 0 0
(')Dependingonthethresholdpriceforbarleysetforthe1986/87marketingyear.
(2)InaccordancewithArticle6(b)ofRegulation(EEC)No1528/78.