NoL241/52 OfficialJournaloftheEuropeanCommunities 1.9.88
COMMISSION REGULATION (EEC)No2708/88
of31August1988
fixingtherateoftheaidfordriedfodder
favourableactualpurchasepossibilitiesexceptingthose
whichcannotbeconsideredrepresentative ofthereal
markettrend;whereasoffersandquotationsrecorded
duringthefirst25daysofthemonthinquestionfor
quantitiesthatcanbedeliveredduringthefollowing
calendarmontharetobeused;whereastheaverageworld
marketpricethusdeterminedisusedtofixtheaidrate
applicableonthefollowingmonth;THECOMMISSION OFTHEEUROPEANCOMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity,andinparticularArticles5and
155thereof,
HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No1117/78
of22May1978onthecommonorganizationofthe
marketindriedfodder('),aslastamendedbyRegulation
(EEC)No3996/87(2),andinparticularArticle5(3)
thereof,Whereasthenecessaryadjustmentsmustbemadeinthe
caseofoffersandquotationsnotofthetypereferredto
above;whereastheseadjustmentsweredefinedinArticle
3ofCommissionRegulation(EEC)No1528/78of30
June1978layingdowndetailedrulesfortheapplication
ofthesystemofaidfordriedfodder(6),aslastamended
byRegulation(EEC)No1963/88
Whereas,inaccordancewithArticle3ofRegulation
(EEC)No1417/78,whennoofferorquotationcanbe
used.todeterminetheaverageworldmarketprice,that
priceisdeterminedonthebasisofthesumofthevalue
ofcompetingproducts;whereasthoseproductsare
definedinArticle3(3)ofRegulation(EEC)No1528/78;
Whereas,pursuanttoArticle11ofRegulation(EEC)No
1417/78,whenforwardpricesdifferfromthatapplyingin
themonth-whentheapplicationislodged,theaidrateis
adjustedbyacorrectingamountcalculatedfromthetrend
offorwardprices;HavingregardtotheopinionoftheMonetaryCommittee,
Whereas,underArticle5(1)ofRegulation(EEC)No
1117/78,whentheguidepriceishigherthantheaverage
worldmarketprice,aidisgrantedfordriedfodderas
describedunderArticle1(b)and(c)ofthatRegulation
obtainedfromfodderplantsharvestedintheCommu­
nity;whereas ,thataidtakesaccountofapercentageof
thedifferencebetweenthesetwoprices;
Whereasthispercentageandtheguidepricewerefixed
byCouncilRegulation(EEC)No2257/88of19July1988
fixingforthe1988/89marketingyeartheguidepricefor
driedfodder(3);
Whereas,inorder-todeterminetheamountoftheaid,
accountshouldbetakenamongthecalculationfactorsof
thelatestCommissionproposalstotheCouncilonprices,
andrelatedmeasures;
Whereastheaverageworldmarketpriceisdeterminedfor
abulkpelletedproduct,deliveredtoRotterdam,ofthe
standardqualityforwhichtheguidepricehasbeenfixed;
Whereas,underCouncilRegulation(EEC)No1417/78of
19June1978ontheaidsystemfordriedfodder(4),aslast
amendedbyRegulation(EEC)No2256/88(*),theaverage
worldmarketpricefortheproductsdescribedinthefirst
andthirdindentsofArticle1(b)ofRegulation(EEC)No
1117/78istobedeterminedonthebasisofthemostWhereas,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.1.0OJNoL377,31.12.1987,p.35.
(3)OJNoL199,26.7.1988,p.4.0OJNoL171,28.6.1978,p.1.0OJNoL199,26.7.1988,p.3.(6)OJNoL179,1.7.1978,p.10.oOJNoL173,5.7.1988,p.9.

1.9.88 OfficialJournaloftheEuropeanCommunities NoL241/53
Whereasithasnotyetbeenpossibletofixthefixed
amountreferredtointhesecondsubparagraphofArticle
3(3)ofRegulation(EEC)No1528/78asregardsbarley
forthe1988/89marketingyear;
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,theadditionalaidapplicableinthese
twoMemberStatesistobeadjustedbyanamountequal
totheamountofcustomsdutiesonimportsofthese
products .fromthirdcountries;whereas,inaddition,in
Spaintheamountistobeadjustedbythedifference,
multipliedbythepercentagereferredtoinArticle5(2)of
Regulation(EEC)No1117/78,betweentheguideprice
appliedinSpainandthecommonguideprice;
Whereas,astheresultoftheapplicationsofallthese
provisionstotheoffersandquotationswhichthe
Commission hasrecorded,therateoftheadditionalaid
fordriedfoddermustbefixedasindicatedinthetable
annexedtothisRegulation,
HASADOPTEDTHISREGULATION :
Article1
TherateoftheaidreferredtoinArticle5(3)ofRegula­
tion(EEC)No1117/78shallbeasfixedintheAnnexto
thisRegulation .
Article2
ThisRegulationshallenterintoforceon1September
1988.
entiretyanddirectlyapplicableinallMember ThisRegulationshallbebindinginits
States.
DoneatBrussels,31August1988.
FortheCommission
FransANDRIESSEN
Vice-President
(■)OJNoL164,24.6.1985,p.1.
(J)OJNoL153,13.6.1987,p.1.

NoL241/54 OfficialJournalofth^EuropeanCommunities 1.9.88
ANNEX
totheCommissionRegulationof31August1988fixingtherateoftheaidfordriedfodder
Aidapplicablefrom1September1988todriedfodder
(ECU/tonne)
.Fodderdehydratedbyartificialheat-drying
ProteinconcentratesFodderotherwisedried
Spain PortugalOther
Member
StatesSpain PortugalOther
Member
States
Aid 45,997 61,486 63,647 2,997 18,486 20,647
Aidincaseofadvancefixingforthemonthof:
I (ECU/tonne)
October1988 41,620 57,027 59,270 0,000 14,027 16,270
November1988 40,649 56,037 58,299 0,000 13,037 15,299
December1988 40,649 56,037 58,299 0,000 13,037 15,299
January1989 36,269 51,575 53,919 0,000 8,575 10,919
February1989(') 0,000 *0,000 0,000 0,000 0,000 0,000
March1989(') 0,000 0,000 0,000 0,000 0,000 0,000
April1989(') 0,000 0,000 0,000 0,000 0,000 0,000
(')InaccordancewithArticle6(b)ofRegulation(EEC)No1528/78.