CELEX: 31988R0267
Language: en
Date: 1988-01-30 00:00:00
Title: Commission Regulation (EEC) No 267/88 of 29 January 1988 fixing the rate of the aid for dried fodder

No L 26/45
30 . 1 . 88                              Official Journal of the European Communities
                                     COMMISSION REGULATION (EEC) No 267/88
                                                       of 29 January 1988
                                         fixing the rate of the 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 Article 5 thereof,
                                                                    Whereas, under Council Regulation (EEC) No 1417/78 of
                                                                    19 June 1978 on the aid system for dried fodder (*), as last
 Having regard to the Act of Accession of Spain and                 amended by Regulation (EEC) No 1173/87 {% the average
 Portugal,
                                                                    world market price for the products described in the first
                                                                    indent of Article 1 (b) of Regulation (EEC) No 1117/78 is
                                                                    to be determined on the basis of the most favourable
 Having regard to Council Regulation (EEC) No 1117/78               actual purchase possibilities excepting those which cannot
 of 22 May 1978 on the common organization of the                   be considered representative of the real market trend ;
 market in dried fodder ('), as last amended by Regulation          whereas offers and quotations recorded during the first 25
 (EEC) No 3996/87 (2), and in particular Article 5 (3)               days of the month in question for quantities that can be
 thereof,                                                            delivered during the following calendar month are to be
                                                                     used ; whereas the average world market price thus deter­
                                                                     mined is used to fix the supplementary aid rate applicable
 Having regard to the opinion of the Monetary Committee,             on the following month ;
 Whereas, under Article 5 (1 ) of Regulation (EEC) No                Whereas the necessary adjustments must be made in the
  1117/78, when the guide price is higher than the average           case of offers and quotations not of the type referred to
 world market price, aid is given for dried fodder as                above ; whereas these adjustments were defined in Article
  described under Article 1 (b) and (c) of that Regulation           3 of Commission Regulation (EEC) No 1528/78 of 30
  obtained from fodder plants harvested in the Commu­                June 1978 laying down detailed rules for the application
  nity ; whereas this aid is equal to a percentage of the            of the system of aid for dried fodder (^ as last amended
  difference between these two prices for dehydrated fodder          by Regulation (EEC) No 2334/87 (8) ;
  and for protein concentrates ; whereas the aid for fodder
  otherwise dried includes an amount to be deducted ,
                                                                      Whereas, when no offer of or quotation for the products
                                                                      described in the first indent of Article 1 (b) of Regulation
  Whereas this percentage and the guide price were fixed              (EEC) No 1117/78 can be used to determine the average
  by Council Regulation (EEC) No 1961 /87 of 2 July 1987              world market price, it is to be determined from offers on
  fixing the guide price for dried fodder for the 1987/88             the world market of, and quotations on, the exchanges
  marketing year (3) ;                                                important for international trade for the products
                                                                      described in the second indent of Article 1 (b) of Regula­
                                                                      tion (EEC) No 1 1 17/78 ; •
  Whereas Commission Regulation (EEC) No 2334/87 (),
  fixed the rate referred to in Article 5 (2) of Regulation
                                                                      Whereas, under Article 3 of Regulation (EEC) No
  (EEC) No 1117/78 ;                                                   1417/78, when no offer or quotation can be used to deter­
                                                                       mine the average world market price, this price is deter­
                                                                       mined on the basis of he sum of the value of competing
   Whereas, in the absence of the guide price for dried
   fodder and of the percentage referred to in Article 5 of            products ; whereas those products are defined in Article 3
   Regulation (EEC) No 1117/78 and of the intervention                 (3) of Regulation (EEC) No 1528/78 ;
   price for barley for the 1988/89 marketing year, the rate
   of the aid in case of advance fixing for the months
   concerned has been obtainable only provisionally and                Whereas, under Article 11 of Regulation (EEC) No
   should be confirmed or replaced once the guide price and             1417/78, when forward prices differ from that applying in
   the percentages referred to in Article 5 df Regulation              the month when the application is lodged, the aid rate is
   (EEC) No 1117/78 and of the intervention price for barley           adjusted by a correcting amount calculated from the trend
   for the 1988/89 marketing year are known ;                           of forward prices ;
    (') OJ No L 142, 30. 5. 1978, p. 1 .                                n OJ No L 171 , 28 . 6. 1978, p. 1 .
    (2) OJ No L 377, 31 . 12. 1987.                                     f6) OJ No L 113, 30. 4. 1987, p. 13.
    (3) OJ No L 184, 3. 7. 1987, p. 7.                                  P) OJ No L 179, 1 . 7. 1978, p. 10.
    (4) OJ No L 210, 1 . 8. 1987, p. 63.                                (8) OJ No L 210, 1 . 8. 1987, p. 63.
 ---pagebreak---   No L 26/46                              Official Journal of the European Communities                                30 . 1 . 88
  whereas the correcting amount is equal to the difference               tion (EEC) No 1676/85 (2), as last amended by Regula­
 between the average world market price and the average                  tion (EEC) No 1636/87 (3) ;
  forward world market price multiplied by the percentage            — for other currencies, an exchange rate based on the
  fixed in Article 3 of Council Regulation (EEC) No                      arithmetic mean of the spot market rates of each of
  1315/85 ('); whereas when for one of the months fol­                   these currencies recorded over a given period in rela­
  lowing that of the introduction of aid the average forward             tion to the Community currencies referred to in the
 world market price cannot be determined by applying the                 previous indent and the aforesaid coefficient ;
 criteria specified in Article 1 of Regulation (EEC) No
  1417/78, the price determined for the previous month is
 used to calculate the difference ; whereas when for two or          Whereas, pursuant to Articles 120 (2) and 306 (2) of the
 more consecutive months following that of the introduc­             Act of Accession, the aid applicable in these two Member
 tion of aid, the average forward world market prices                States is to be adjusted by an amount equal to the inci­
 cannot be determined by applying the criteria set out in            dence of customs duties on imports of these products
 Article 1 of Regulation (EEC) No 1417/78, the prices for            from third countries ; whereas, in addition, in Spain the
 the months in question are determined by applying the               amount is to be adjusted by the difference, multiplied by
 criteria laid down in Article 3 of Regulation (EEC) No              the percentage and the amount referred to in Article 5 (2)
  1417/78 ;                                                          of Regulation (EEC) No 1117/78, between the guide price
                                                                     applied in Spain and the common guide price ;
 Whereas, where the average world market price is deter­
                                                                     Whereas, as the result of the applications of all these
 mined in accordance with Article 3 of Regulation (EEC)              provisions to the offers and quotations which the
 No 1417/78, the corrective amount must be equal to the              Commission has recorded, the rate of the aid for dried
 difference between the average world market price and               fodder must be fixed as indicated in the table annexed to
 the average forward world market price determined by                this Regulation,
 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,               HAS ADOPTED THIS REGULATION :
 adjusted by the percentage fixed under Article 5 (2) of
 Regulation (EEC) No 1117/78 for the product concerned ;                                      Article 1
 whereas where the average forward world market price for
 one or more months cannot be determined by applying
 the criteria laid down in Article 3 (3) of Regulation (EEC)         1.    The rate of the aid referred to in Article 5 (3) of
 No 1528/78, the corrective amount must be fixed for the             Regulation (EEC) No 1117/78 is fixed in the Annex to
 month or months in question at a level such that the aid            this Regulation.
 is equal to zero ;                                                  2. The rate of the aid in case of advance fixing for the
Whereas, if the aid system is to operate normally, refunds           1988/89 marketing year shall, however, be confirmed or
 should be calculated on the following basis ;                       replaced with effect from 1 February 1988 to take into
                                                                     account the prices and measures in the Annex fixed for
— in the case of currencies which are maintained in rela­
                                                                     the 1988/89 marketing year.
      tion to each other at any given moment within a band
      of 2,25 %, a rate of exchange based on their central                                    Article 2
      rate, multiplied by the corrective factor provided for in
      the last paragraph of Article 3 ( 1 ) of Council Regula­      This Regulation shall enter into force on 1 February 1988.
                   This Regulation shall be binding in its entirety and directly applicable in all Member
                    States.
                    Done at Brussels, 29 January 1988 .
                                                                              For the Commission
                                                                               Frans ANDRIESSEN
                                                                                  Vice-President
                                                                    (2) OJ No L 164, 24. 6. 1985, p. 1 .
(') OJ No L 137, 27. 5. 1985, p. 28.                                0 OJ No L 153, 13. 6. 1987, p. 1 .
 ---pagebreak---                                                                                                                                      No L 26/47
30 . 1 . 88                                   Official Journal of the European Communities
                                                                      ANNEX
                     to the Commission Regulation of 29 January 1988 fixing the rate of the aid for dried fodder
                                              Aid applicable from 1 February 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
                                                                    87,090             88,780         23,720           44,090           45,780
 Aid                                               66,720
 Aid in case of advance fixing for the month of :
                                                                                                                                          (ECU/tonne)
                                                                    87,186              88,874        23,814            44,186           45,874
 March 1988                                         66,814
                                                                    90,493              92,120        27,060            47,493           49,120
 April 1988                                         70,060
                                                                    92,761              94,347        29,287            49,761           51,347
 May 1988 (')                                       72,287
                                                                    92,761              94,347         29,287           49,761           51,347
 June 1988 (')                                      72,287
                                                                     92,765             94,351         29,291           49,765           51,351
 July 1988 0                                        72,291
                                                                     92,765             94,351         29,291           49,765            51,351
 August 1988 0                                      72,291
                                                                      0,000               0,000         0,000             0,000            0,000
 September 1988 0                                    0,000
                                                                      0,000               0,000         0,000             0,000            0,000
  October 1988 0                                     0,000
                                                                                                     and related measures for that marketing year.
  (') Subject in the case of advance fixing for the 1988/89 marketing year to the adoption of prices
  (2) In accordance with Article 6 (b) of Regulation (EEC) No 1528/78.