CELEX: 31988R2708
Language: en
Date: 1988-09-01 00:00:00
Title: Commission Regulation (EEC) No 2708/88 of 31 August 1988 fixing the rate of the aid for dried fodder

No L 241 / 52                             Official Journal of the European Communities                                   1 . 9 . 88
                                           COMMISSION REGULATION (EEC) No 2708/88
                                                           of 31 August 1988
                                             fixing the rate of the aid for dried fodder
  THE COMMISSION OF THE EUROPEAN COMMUNITIES,                           favourable actual purchase possibilities excepting those
                                                                        which cannot be considered representative of the real
                                                                        market trend ; whereas offers and quotations recorded
   Having regard to the Treaty establishing the European                during the first 25 days of the month in question for
   Economic Community, and in particular Articles 5 and                 quantities that can be delivered during the following
   1 55 thereof,
                                                                        calendar month are to be used ; whereas the average world
                                                                        market price thus determined is used to fix the aid rate
                                                                        applicable on the following month ;
  Having regard to the Act of Accession of Spain and
  Portugal,
                                                                        Whereas the necessary adjustments must be made in the
  Having regard to Council Regulation (EEC) No 111 7/78                 case of offers and quotations not of the type referred to
  of 22 May 1978 on the common organization of the                      above ; whereas these adjustments were defined in Article
  market in dried fodder ('), as last amended by Regulation             3 of Commission Regulation (EEC) No 1528/78 of 30
  (EEC) No 3996/87 (2), and in particular Article 5 (3)                June 1978 laying down detailed rules for the application
  thereof,
                                                                        of the system of aid for dried fodder (6), as last amended
                                                                       by Regulation (EEC) No 1963/88
  Having regard to the opinion of the Monetary Committee,
 Whereas, under Article 5 (1 ) of Regulation (EEC) No                  Whereas, in accordance with Article 3 of Regulation
                                                                       (EEC) No 1417/78, when no offer or quotation can be
  1117/78, when the guide price is higher than the average             used . to determine the average world market price, that
 world market price, aid is granted for dried fodder as                price is determined on the basis of the sum of the value
 described under Article 1 (b) and (c) of that Regulation              of competing products ; whereas those products are
 obtained from fodder plants harvested in the Commu­
                                                                       defined in Article 3 (3) of Regulation (EEC) No 1 528/78 ;
 nity ; whereas, that aid takes account of a percentage of
 the difference between these two prices ;
                                                                       Whereas, pursuant to Article 1 1 of Regulation (EEC) No
 Whereas this percentage and the guide price were fixed                 1417/78, when forward prices differ from that applying in
 by Council Regulation (EEC) No 2257/88 of 19 July 1988                the month -when the application is lodged, the aid rate is
 fixing for the 1988/89 marketing year the guide price for             adjusted by a correcting amount calculated from the trend
 dried fodder (3) ;                                                    of forward prices ;
 Whereas, in order -to determine the amount of the aid,
 account should be taken among the calculation factors of              Whereas, where the average world market price is deter­
 the latest Commission proposals to the Council on prices,             mined in accordance with Article 3 of Regulation (EEC)
 and related measures ;
                                                                       No 1417/78, the corrective amount must be equal to the
                                                                       difference between the average world market price and
Whereas the average world market price is determined for               the average forward world market price determined by
 a bulk pelleted product, delivered to Rotterdam, of the              applying the criteria laid down in Article 3 (3) of Regula­
 standard quality for which the guide price has been fixed ;           tion (EEC) No 1528/78 and valid for delivery during a
Whereas, under Council Regulation (EEC) No 1417/78 of                 month other than that in which the aid is introduced,
 19 June 1978 on the aid system for dried fodder (4), as last         adjusted by the percentage fixed under Article 5 (2) of
amended by Regulation (EEC) No 2256/88 (*), the average               Regulation (EEC) No 1 1 17/78 ; whereas where the average
world market price for the products described in the first            forward world market price for one or more months
and third indents of Article 1 (b) of Regulation (EEC) No             cannot be determined by applying the criteria laid down
 1117/78 is to be determined on the basis of the most
                                                                      in Article 3 (3) of Regulation (EEC) No 1528/78, the
                                                                      corrective amount must be fixed for the month or months
(')   OJ No  L  142,  30.  5. 1978, p. 1 .                            in question at a level such that the aid is equal to zero ;
0    OJ  No  L 377,   31 . 12. 1987, p. 35.
(3)  OJ  No  L  199,  26.  7. 1988, p. 4.
0    OJ  No  L  171 , 28 . 6. 1978, p. 1 .                            (6) OJ No L 179, 1 . 7. 1978, p. 10.
0    OJ  No  L  199,  26.  7. 1988, p. 3.                             o OJ No L 173, 5. 7. 1988, p. 9.
 ---pagebreak---  1 . 9 . 88                              Official Journal of the European Communities                            No L 241 / 53
Whereas it has not yet been possible to fix the fixed              Whereas, pursuant to Articles 120 (2) and 306 (2) of the
amount referred to in the second subparagraph of Article           Act of Accession, the additional aid applicable in these
3 (3) of Regulation (EEC) No 1528/78 as regards barley             two Member States is to be adjusted by an amount equal
for the 1988/89 marketing year ;                                   to the amount of customs duties on imports of these
                                                                   products . from third countries ; whereas, in addition, in
Whereas, if the aid system is to operate normally, refunds         Spain the amount is to be adjusted by the difference,
should be calculated on the following basis ;                      multiplied by the percentage referred to in Article 5 (2) of
— in the case of currencies which are maintained in rela­          Regulation (EEC) No 1117/78 , between the guide price
      tion to each other at any given moment within a band         applied in Spain and the common guide price ;
      of 2,25 % , a conversion rate based on their central
                                                                   Whereas, as the result of the applications of all these
      rate, multiplied by the corrective factor provided for in    provisions to the offers and quotations which the
      the last paragraph of Article 3 ( 1 ) of Council Regula­     Commission has recorded, the rate of the additional aid
      tion (EEC) No 1676/85 ('), as last amended by Regula­        for dried fodder must be fixed as indicated in the table
      tion (EEC) No 1636/87 (2),                                   annexed to this Regulation,
— for other currencies a conversion rate based on the
      arithmetic mean of the spot market rates of each of
      these currencies recorded over a given period in rela­       HAS ADOPTED THIS REGULATION :
      tion to the Community currencies referred to in the
      previous indent and on the aforesaid corrective factor ;                               Article 1
Whereas the rate of the additional aid must be fixed once          The rate of the aid referred to in Article 5 (3) of Regula­
 per month so as to ensure application of the aid from the         tion (EEC) No 1 1 1 7/78 shall be as fixed in the Annex to
 first day of the month following the date of its fixing ;         this Regulation .
Whereas, pursuant to Article 120 ( 1 ) of the 1985 Act of                                    Article 2
Accession, the Spanish price must be aligned with the
common price in accordance with the method laid down               This Regulation shall enter into force on 1 September
 in Article 70 of that Act :                                       1988 .
                    This Regulation shall be binding in its entirety and directly applicable in all Member
                    States .
                    Done at Brussels, 31 August 1988 .
                                                                            For the Commission
                                                                              Frans ANDRIESSEN
                                                                                 Vice-President
(■) OJ No L 164, 24. 6. 1985, p. 1 .
(J) OJ No L 153, 13. 6. 1987, p. 1 .
 ---pagebreak---  No L 241 /54                                 Official Journal of th^ European Communities                                    1 . 9 . 88
                                                                       ANNEX
                     to the Commission Regulation of 31 August 1988 fixing the rate of the aid for dried fodder
                                            Aid applicable from 1 September 1988 to dried fodder
                                                                                                                            (ECU/tonne)
                                                  Fodder dehydrated by artificial heat-drying       Fodder otherwise dried
    .
                                                            Protein concentrates
                                                                                       Other                                Other
                                                   Spain          Portugal           Member   Spain        Portugal        Member
                                                                                       States                               States
Aid                                               45,997           61,486             63,647  2,997        18,486          20,647
Aid in case of advance fixing for the month of :
                                                                                                      I                    (ECU/tonne)
October 1988                                      41,620           57,027             59,270  0,000        14,027          16,270
November 1988                                     40,649           56,037             58,299  0,000        13,037          15,299
December 1988                                     40,649           56,037             58,299  0,000        13,037          15,299
January 1989                                      36,269           51,575             53,919  0,000         8,575          10,919
February 1989 (')                                  0,000         * 0,000               0,000  0,000         0,000           0,000
March 1989 (')                                     0,000            0,000              0,000  0,000         0,000           0,000
April 1989 (')                                     0,000            0,000              0,000  0,000         0,000           0,000
(') In accordance with Article 6 (b) of Regulation (EEC) No 1528/78 .