NoL210/36 OfficialJournaloftheEuropeanCommunities 1.8.87
COMMISSION REGULATION (EEC)No2320/87
of31July1987
fixingtheaidforsoyabeans
THECOMMISSION OFTHEEUROPEAN COMMUNITIES ,
HavingregardtotheTreatyestablishingtheEuropean
EconomicCommunity ,worldmarketpriceistobefixedper100kilogramsand
calculatedonthebasisofthemostfavourableoffersand
quotationsfordeliverywithin30daysfollowingthedate
whenthesaidoffersandquotationswererecorded;
Whereas,wheretheoffersandquotationsdonotcomply
withthesaidconditions,thenecessaryadjustmentsmust
becarriedout,particularlythosereferredtoinArticle2of
Regulation (EEC)No2329/85;HavingregardtotheActofAccessionofSpainand
Portugal,
HavingregardtoCouncilRegulation(EEC)No1491/85
of23May1985layingdownspecialmeasuresinrespect
ofsoyabeans('),andinparticularArticle2(7)thereof,
HavingregardtotheopinionoftheMonetaryCommittee ,
Whereas,pursuanttoArticle2(1)ofRegulation(EEC)No
1491/85,aidistobegrantedforsoyabeansharvested
withintheCommunitywheretheguidepricefora
marketingyearexceedstheworldprice;whereasthesaid
aidistobeequaltothedifferencebetweenthosetwo
prices;Whereas,ifthesaidsystemistooperatenormally,aid
shouldbecalculatedonthefollowingbasis:
—inthecaseofcurrencieswhicharemaintainedinrela­
tiontoeachotheratanygivenmomentwithinaband
of2,25%,arateofexchangebasedontheircentral
rate,multipliedbythecorrectivefactorprovidedforin
thelastparagraphofArticle3(1)ofCouncilRegula­
tion(EEC)No1676/85(*),aslastamendedbyRegula­
.tion(EEC)No1636/870;
—forothercurrencies,anexchangeratebasedonthe
arithmeticmeanofthespotmarketratesofeachof
thesecurrenciesrecordedoveragivenperiodinrela­
tiontotheCommunitycurrenciesreferredtointhe
previousindent,andtheaforesaidcoefficient;
Whereastheaidrateapplyingduringthemarketingyear
shallbefixedtwiceamonthintimetobeappliedfrom
thefirstandthe16thdayofeachmonth;
Whereasitfollowsfromapplyingtheseprovisionstothe
offersandquotationsknowntotheCommissionthatthe
subsidyonsoyabeansshouldbeassetoutinthisRegula­
tion,Whereastheguidepriceforsoyabeansforthe1986/87
marketingyearwasfixedbyCouncilRegulation (EEC)
No1461/860;whereaspursuanttoArticles95(2)and
293(2)oftheActofAccessionofSpainandPortugalaid
forsoyabeansharvestedinthesetwoMemberStatesisto
beintroducedinaccordancewiththeprovisionsofpara­
graphs2and3ofthesaidArticlesfromthebeginningof
the1986/87marketingyear;
HASADOPTED THISREGULATION :Whereas,pursuanttoCouncilRegulation (EEC)No
2194/85of25July1985adoptinggeneralrulesconcer­
.ningspecialmeasuresforsoyabeans(3),theworldprice
forsoyabeansistobedeterminedonthebasisofthe
mostfavourableactualpurchasingpossibility,withthe
exceptionofoffersandpriceswhichmaynotbeconsi­
deredasrepresentative oftheactualmarkettrend;
whereasacccountistobetakenofoffersmadeonthe
worldmarketaswellasthepricesquotedonexchanges
whichareimportantintermsofinternationaltrade;Article1
TheaidreferredtoinArticle2ofRegulation(EEC)No
1491/85isherebyfixedintheAnnex.Whereas,pursuanttoCommissionRegulation(EEC)No
2329/85of12August1985layingdowndetailedrulesfor
theapplicationofthespecialmeasuresforsoyabeans(4),
aslastamendedbyRegulation(EEC)No2290/870,the Article2
ThisRegulationshallenterintoforceon1August1987. (')OJNoL151,10.6.1985,p.15.
(2)OJNoL133,21.5.1986,p.18.
3JONoL204,2.8.1985,p.1.
(4)OJNoL218,15.8.1985,p.16.0OJNoL209,31.7.1987,p.37.0s)OJNoL164,24.6.1985,p.1.
0OJNoL153,13.6.1987,p.1.

1.8.87 OfficialJournaloftheEuropeanCommunities NoL210/37
ThisRegulationshallbebindinginitsentiretyanddirectlyapplicableinallMember
States.
DoneatBrussels,31July1987.
FortheCommission
FransANDRIESSEN
Vice-President
ANNEX
Aid(orsoyabeans
(ECU/100kg)
\Seedharvestedin
Spain PortugalanotherMember
State
Seedprocessedin:
—Spain 1,690 39,909 39,909
—Portugal 24,699 0,000 39,909
—anotherMemberState 24,669 39,909 39,909