CELEX: 31987R1504
Language: en
Date: 1987-05-30 00:00:00
Title: Commission Regulation (EEC) No 1504/87 of 27 May 1987 fixing the rate of the additional aid for dried fodder

30 . 5. 87                            Official Journal of the European Communities                             No L 141 / 15
                                    COMMISSION REGULATION (EEC) No 1504/87
                                                       of 27 May 1987
                                 fixing the rate of the additional aid for dried fodder
 THE COMMISSION OF THE EUROPEAN COMMUNITIES,                     Whereas the average world market price is determined for
                                                                 a bulk pelleted product, delivered to Rotterdam, of the
                                                                 standard quality for which the guide price has been fixed ;
 Having regard to the Treaty establishing the European
 Economic Community, and in particular Articles 5 and
  155 thereof,
                                                                 Whereas, under Council Regulation (EEC) No 1417/78 of
 Having regard to the Act of Accession of Spain and               19 June 1978 on the aid system for dried fodder (3), as last
 Portugal,                                                       amended by Regulation (EEC) No 1173/87 (4), the average
                                                                 world market price for the products described in the first
                                                                 indent of Article 1 (b) of Regulation (EEC) No 1117/78 is
 Having regard to Council Regulation (EEC) No 1117/78            to be determined on the basis of the most favourable
 of 22 May 1978 on the common organization of the                actual purchase possibilities excepting those which cannot
 market in dried fodder ('), as last amended by Regulation       be considered representative of the real market trend ;
 (EEC) No 1985/86 (2), and in particular Article 5 (3)           whereas offers and quotations recorded during the first 25
 thereof,                                                        days of the month in question for quantities that can be
                                                                 delivered during the following calendar month are to be
                                                                 used ; whereas the average world market price thus deter­
 Having regard to the opinion of the Monetary Committee,         mined is used to fix the supplementary aid rate applicable
                                                                 on the following month ;
 Whereas, under Article 5 ( 1 ) of Regulation (EEC) No
 1117/78, when the guide price is higher than the average
 world market price, a supplementary aid is given for dried
 fodder as described under Article 1 (b) and (c) of that         Whereas the necessary, adjustments must be made in the
 Regulation obtained from fodder plants harvested in the         case of offers and quotations not of the type referred to
 Community ; whereas this aid is equal to a percentage of        above ; whereas these adjustments were defined in Article
 the difference between these two prices ;                       3 of Commission Regulation (EEC) No 1528/78 of 30
                                                                 June 1978 laying down detailed rules for the application
                                                                 of the system of aid for dried fodder as last amended
Whereas the Council has not yet adopted the guide price          by Regulation (EEC) No 1325/87 (*);
 for the 1987/88 marketing year ; whereas the Commis­
 sion, in virtue of the powers conferred on it by the Treaty,
 must take the necessary measures to ensure that the
 common agricultural policy continues to operate in the
 dried fodder sector and, in particular, that the abovemen­      Whereas, when no offer of or quotation for the products
 tioned supplementary aid continues to be granted ;              described in the first indent of Article 1 (b) of Regulation
                                                                 (EEC) No 1 1 1 7/78 can be used to determine the average
                                                                 world market price, it is to be determined from offers on
Whereas, in order to determine the rate of supplementary         the world market of, and quotations on, the exchanges
 aid, calculations should be based, on the one hand, on a        important for international trade for the products
 price equal to the guide price fixed for the 1986/87            described in the second indent of Article 1 (b) of Regula­
 marketing year and, on the other hand, on percentages           tion (EEC) No 1117/78 ;
 similar to those fixed for that marketing year under
Article 5 (2) of Regulation (EEC) No 1117/78 ;
                                                                 Whereas, under Article 3 of Regulation (EEC) No
Whereas, since the intervention price for barley in               1417/78, when no offer or quotation can be used to deter­
 1987/88 was not available, the amounts of aid for the
                                                                 mine the average world market price, this price is deter­
 months concerned, where advance fixing takes place, were        mined on the basis of he sum of the value of competing
 fixed on the basis of Commission proposals to the               products ; whereas those products are defined in Article 3
 Council ; whereas those amounts, must be applied on a           (3) of Regulation (EEC) No 1528/78 ;
provisional basis and must be confirmed or replaced
when the 1987/88 prices are known ;
                                                                 (3) OJ No L 171 , 28. 6. 1978, p. 1 .
                                                                 (4) O) No L 218, 27. 7. 1982, p. 2.
(■) OJ No L 142, 30. 5. 1978, p. 1 .                             O OJ No L 179, 1 . 7. 1978, p. 10.
0 OJ No L 171 , 28 . 6. 1986, p. 4.                              O OJ No L 125, 14. 5. 1987, p. 24.
 ---pagebreak---   No L 141 /16                           Official Journal of the European Communities                                 30 . 5. 87
  Whereas, under Article 11 of Regulation (EEC) No                      these currencies recorded over a given period in rela­
  1417/78, when forward prices differ from that applying in             tion to the Community currencies referred to in the
  the month when the application is lodged, the supple­                 previous indent and the aforesaid coefficient ;
  mentary aid rate is adjusted by a correcting amount calcu­
  lated from the trend of forward prices ;
                                                                    Whereas the rate of the additional aid must be fixed once
                                                                   per month so as to ensure application of the aid from the
                                                                   first day of the month following the date of its fixing ;
  whereas the correcting amount is equal to the difference
 between the average world market price and the average
  forward world market price multiplied by the percentage           Whereas, pursuant to Article 120 (1 ) of the 1985 Act of
 fixed in Article 3 of Council Regulation (EEC) No                 Accession, the Spanish price must be aligned with the
  1315/85 (') ; whereas when for one of the months follo­          common price in accordance with the method laid down
 wing that of the introduction of supplementary aid the            in Article 70 of that Act ;
 average forward world market price cannot be determined
 by applying the criteria specified in Article 1 of Regula­
 tion (EEC) No 1417/78, the price determined for the               Whereas, pursuant to Articles 120 (2) and 306 (2) of the
 previous month is used to calculate the difference ;              Act of Accession, the additional aid applicable in these
 whereas when for two or more consecutive months follo­            two Member States is to be adjusted by an amount equal
 wing that of the introduction of supplementary aid, the           to the incidence of customs duties on imports of these
 average forward world market prices cannot be deter­              products from third countries ; whereas, in addition, in
 mined by applying the criteria set out in Article 1 of            Spain the amount is to be adjusted by the difference,
 Regulation (EEC) No 1417/78, the prices for the months            multiplied by the percentage referred to in Article 5 (2) of
 in question are determined by applying the criteria laid          Regulation (EEC) No 1117/78, between the guide price
 down in Article 3 of Regulation (EEC) No 1417/78 ;                applied in Spain and the common guide price ;
                                                                   Whereas, as the result of the applications of all these
 Whereas, where the average world market price is deter­           provisions to the offers and quotations which the
 mined in accordance with Article 3 of Regulation (EEC)            Commission has recorded, the rate of the additional aid
                                                                   for dried fodder must be fixed as indicated in the table
 No 1417/78, the corrective amount must be equal to the
 difference between the average world market price and             annexed to this Regulation,
 the average forward world market price determined by
 applying the criteria laid down in Article 3 (3) of Regula­
 tion (EEC) No 1528/78 and valid for delivery during a
 month other than that in which the aid is introduced,
 adjusted by the percentage fixed under Article 5 (2) of
 Regulation (EEC) No 1117/78 for the product concerned ;
 whereas where the average forward world market price for          HAS ADOPTED THIS REGULATION :
 one or more months cannot be determined by applying
 the criteria laid down in Article 3 (3) of Regulation (EEC)
 No 1 528/78, the corrective amount must be fixed for the
 month or months in question at a level such that the
 supplementary aid is equal to zero ;                                                       Article 1
                                                                   1 . The rate of the aid referred to in Article 5 (3) of
Whereas, if the aid system is to operate normally, refunds         Regulation (EEC) No 1117/78 is fixed in the Annex to
 should be calculated on the following basis ;                     this Regulation.
— in the case of currencies which are maintained in rela­          2. The amounts of aid shall be confirmed or replaced
      tion to each other at any given moment within a band         with effect from 1 June 1987 to take account of the
      of 2,25 % , a rate of exchange based on their central        Council decisions applicable for the 1987/88 marketing
      rate, multiplied by the corrective factor provided for in    year.
      the last paragraph of Article 3 (1 ) of Council Regula­
      tion (EEC) No 1676/85 Q,
— for other currencies, an exchange rate based on the
      arithmetic mean of the spot market rates of each of                                   Article 2
(') OJ No L 137, 27. 5. 1985, p. 28.
(2) OJ No L 164, 24. 6. 1985, p. 1 .                               This Regulation shall enter into force on 1 June 1987.
 ---pagebreak---  30 . 5. 87                                  Official Journal of the European Communities                                          No L 141 / 17
                    This Regulation shall be binding in its entirety and directly applicable in all Member
                    States .
                     Done at Brussels, 27 May 1987.
                                                                                           For the Commission
                                                                                            Frans ANDRIESSEN
                                                                                               Vice-President
                                                                      ANNEX
                    to the Commission Regulation of 27 May 1987 fixing the rate of the additional aid for dried
                                                                        fodder
                                         Additional aid applicable from 1 June 1987 to dried fodder
                                                                                                                                       (ECU/tonne)
                                                        Dehydrated fodder ex 12.10 B                          Fodder otherwise dried
                                                      Protein concentrates ex 23.06 B                              ex 12.10 B
                                                                                     Other                                             Other
                                                  Spain           Portugal          Member            Spain          Portugal         Member
                                                                                     States                                            States
Additional aid                                   78,858 0          99,\ 63 0       100,918 0         39,429 0        49,582 0       . 50,459 0
Additional aid in case of advance fixing for the month of :
                                                                                                                                       (ECU/tonne)
July 1987 (')                                    74,200           94,400            96,260           37,100          47,200           48,130
August 1987 (')                                  74,200           94,400            96,260           37,100          47,200           48,130
September 1987 (')                               73,481           93,665            95,541           36,741          46,833           47,771
October 1987 0                                   73,481           93,665            95,541           36,741          46,833           47,771
November 1987 0                                  72,907           93,078            94,967           36,454          46,539           47,484
December 1987 0                                  72,907           93,078            94,967           36,454          46,539           47,484
January 1988 0                                   72,548           92,71 1           94,608           36,274          46,356           47,304
February 1988 (')                                72,548           92,71 1           94,608           36,274          46,356           47,304
March 1988 0                                     72,548           92,71 1           94,608           36,274          46,356           47,304
(') Subject to the Council decision on the prices and related measures for the 1987/88 marketing year.