CELEX: 31986R1688
Language: en
Date: 1986-05-31 00:00:00
Title: Commission Regulation (EEC) No 1688/86 of 30 May 1986 fixing the rate of the additional aid for dried fodder

No L 146/38                             Official Journal of the European Communities                                 31 . 5. 86
                                      COMMISSION REGULATION (EEC) No 1688/86
                                                        of 30 May 1986
                                   fixing the rate of the additional aid for dried fodder
 THE COMMISSION OF THE EUROPEAN COMMUNITIES,                       actual purchase possibilities excepting those which cannot
                                                                   be considered representative of the real market trend ;
 Having regard to the Treaty establishing the European             whereas offers and quotations recorded during the first 25
 Economic Community,                                               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 Act of Accession of Spain and                mined is used to fix the supplementary aid rate applicable
 Portugal,                                                         on the following month ;
 Having regard to Council Regulation (EEC) No 1117/78
of 22 May 1978 on the common organization of the                   Whereas the necessary adjustments must be made in the
market in dried fodder ('), as last amended by Regulation          case of offers and quotations not of the type referred to
(EEC) No 1349/86 (2), and in particular Article 5 (3)              above ; whereas these adjustments were defined in Article
thereof,                                                           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
Having regard to the opinion of the Monetary Committee,            by Regulation (EEC) No 3760/85 P),
Whereas, under Article 5 (1 ) of Regulation (EEC) No
 1117/78, when the guide price is higher than the average          Whereas when no offer of or quotation for the products
world market price a supplementary aid is given for dried          described in the first indent of Article 1 (b) of Regulation
fodder as described under Article 1 (b) and (c) of that            (EEC) No 1117/78 can be used to determine the average
Regulation obtained from fodder plants harvested in the            world market price it is to be determined from offers on
Community ; whereas this aid is equal to a percentage of           the world market of and quotations on the exchanges
the difference between these two prices ;                          important for international trade for the products
                                                                   described in the second indent of Article 1 (b) of Regula­
                                                                   tion (EEC) No 1117/78 ;
Whereas this percentage and the guide price were fixed
by Council Regulation (EEC) No 1350/86 of 6 May 1986
fixing for the 1986/87 marketing year the flat-rate                Whereas, under Article 3 of Regulation (EEC) No
production aid and the guide price for dried fodder (3) ;          1417/78, when no offer or quotation can be used to deter­
                                                                   mine the average world market price this price is deter­
Whereas in the absence of the threshold price for barley           mined on the basis of the sum of the value of competing
applicable during the 1986/87 marketing year, aid                  products ; whereas those products are defined in Article 3
amounts for the months concerned have been fixed on                (3) of Regulation (EEC) No 1528/78 ;
the basis of the Commission's proposals to the Council ;
whereas these amounts must be provisionally applied and
confirmed or altered when the 1986/87 marketing year               Whereas, under Article 11 of Regulation (EEC) No
prices are known ;                                                 1417/78, when forward prices differ from that applying in
                                                                   the month when the application is lodged, the supple­
Whereas the average world market price is determined for           mentary aid rate is adjusted by a correcting amount calcu­
a bulk pelleted product delivered to Rotterdam of the              lated from the trend of forward prices ;
standard quality for which the guide price has been fixed ;
                                                                   Whereas the correcting amount is equal to the difference
Whereas, under Council Regulation (EEC) No 1417/78 of              between the average world market price and the average
19 June 1978 on the aid system for dried fodder (4), as last       forward world market price multiplied by the percentage
amended by Regulation (EEC) No 2026/82 (*), the average            fixed in Article 3 of Regulation (EEC) No 1315/85 ;
world market price for the products described in the first         whereas when for one of the months following that of the
indent of Article 1 (b) of Regulation (EEC) No 1117/78 is          introduction of supplementary aid the average forward
to be determined on the basis of the most favourable
                                                                   world market price cannot be determined by applying the
                                                                   criteria specified in Article 1 of Regulation (EEC) No
(') OJ No  L 142,  30. 5. 1978, p. 1 .                             1417/78 , the price determined for the previous month is
(2) OJ No  L 119,  8 . 5. 1986, p. 43.
(3) OJ No  L 119,  8 . 5. 1986, p. 44.
(4) OJ No  L 171 , 28. 6. 1978, p. 1 .                             («) OJ No L 179, 1 . 7. 1978, p. 10.
0   OJ No  L 218,  27. 7. 1982, p. 2.                              0 OJ No L 356, 31 . 12. 1985, p. 65.
 ---pagebreak--- 31 . 5. 86                             Official Journal of the European Communities                            No L 146/39
used to calculate the difference ; whereas, when for two or           cies referred to in the previous indent and the afore­
more consecutive months following that of the introduc­               said coefficient ;
tion of supplementary aid, the average forward world             Whereas the rate of the additional aid must be fixed once
market prices cannot be determined by applying the
criteria set out in Article 1 of Regulation (EEC) No             per month so as to ensure application of the aid from the
1417/78, the prices for the months in question are deter­        first day of the month following the date of its fixing ;
mined by applying the criteria laid down in Article 3 of         Whereas pursuant to Articles 120 (2) and 306 (2) of the
Regulation (EEC) No 1417/78 ;                                    Act of Accession of Spain and Portugal the additional aid
                                                                 applicable in these two Member States is to be adjusted by
Whereas, where the average world market price is deter­          an amount equal to the incidence of customs duties on
mined in accordance with Article 3 of Regulation (EEC)           imports of these products from third countries ; whereas
No 1417/78, the corrective amount must be equal to the           in addition in Spain the amount is to be adjusted by the
difference between the average world market price and            difference, multiplied by the percentage referred to in
the average forward world market price determined by             Article 5 (2) of Regulation (EEC) No 1117/78, between
applying the criteria laid down in Article 3 (3) of Regula­      the guide price applied in Spain and the common guide
tion (EEC) No 1528/78 and valid for delivery during a            price ;
month other than that in which the supplementary aid is
introduced, adjusted by the percentage fixed under Article       Whereas, as the result of the applications of all these
5 (2) of Regulation (EEC) No 1117/78 for the product              provisions to the offers and quotations which the
                                                                  Commission has recorded, the rate of the additional aid
concerned ; whereas where the average forward world               for dried fodder must be fixed as indicated in the table
market price for one or more months cannot be deter­
                                                                  annexed to this Regulation,
mined by applying the criteria laid down in Article 3 (3)
of Regulation (EEC) No 1528/78 , the corrective amount
must be fixed for the month or months in question at a            HAS ADOPTED THIS REGULATION :
level such that the supplementary aid is equal to zero ;
                                                                                            Article 1
Whereas, if the aid system is to operate normally, refunds
should be calculated on the following basis :                     1 . The rate of the aid referred to in Article 5 (3) of
                                                                  Regulation (EEC) No 1117/78 is fixed in the Annex to
— in the case of currencies which are maintained in rela­         this Regulation.
     tion to each other at any given moment within a band         2.     However, the amounts of the aid will be confirmed
     of 2,25 % , a rate of exchange based on their central
                                                                  or replaced with effect from 1 June 1986 to take account
     rate, multiplied by the corrective factor provided for in
     the last paragraph of Article 3 ( 1 ) of Council Regula­     of the threshold price of barley adopted in respect of the
     tion (EEC) No 1676/85 0),                                    1986/87 marketing year.
— for other currencies, an exchange rate based on the                                       Article 2
     arithmetic mean of the spot market rates of each of
     these currencies in relation to the Community curren­        This Regulation shall enter into force on 1 June 1986.
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                   States .
                   Done at Brussels, 30 May 1986.
                                                                            For the Commission
                                                                             Frans ANDRIESSEN
                                                                                 Vice-President
 (') OJ No L 164, 24. 6. 1985, p. 1 .
 ---pagebreak---  No L 146/40                            Official Journal of the European Communities                                    31 . 5. 86
                                                                ANNEX
                   to the Commission Regulation of 30 May 1986 fixing the rate of the additional aid for dried
                                                                 fodder
                                    Additional aid applicable from 1 June 1986 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 (')                         54,841            78,749           81,311    27,421        39,375          40,656
Additional aid in case of advance fixing for the month of :
                                                                                                                       (ECU/tonne)
July 1986                                  60,960           85,028            87,430   30,480         42,514          43,715
August 1986 (')                            62,907           87,026            89,377   31,454         43,513          44,689
September 1986 (')                         62,852           86,970            89,322   31,426         43,485          44,661
October 1986 (')                           65,490           89,677            91,960   32,745         44,839          45,980
November 1986 (')                          65,490           89,677            91,960   32,745         44,839          45,980
December 1986 (')                          65,490           89,677            91,960   32,745         44,839          45,980
January 1987 (2)                              0                0                 0         0             0               0
February 1987 (2)                             0                0                 0         0             0               0
March 1987 (2)                                0                0                 0         0             0               0
(') Depending on the threshold price for barley set for the 1986/87 marketing year.
(2) In accordance with Article 6 (b) of Regulation (EEC) No 1528/78.