CELEX: 31975R2651
Language: en
Date: 1975-10-18
Title: Regulation (EEC) No 2651/75 of the Commission of 17 October 1975 fixing the amount of the subsidy on oil seeds

18 . 10 . 75                              Official Journal of the European Communities                            No L 269/37
                               REGULATION (EEC) No 2651 /75 OF THE COMMISSION
                                                        of 17 October 1975
                                       fixing the amount of the subsidy on oil seeds
THE COMMISSION OF THE EUROPEAN                                       mining world market prices for oil seeds and fixed the
COMMUNITIES,                                                         frontier crossing point, fixed at Rotterdam ;
Having regard to the Treaty establishing the European
Economic Community ;                                                 Whereas Article 1 of that Regulation provides that
                                                                     when the world market price is being determined
                                                                     account should be taken of all offers on the world
Having regard to Council Regulation No 136/                          market known to the Commission and of quotations
66/ EECC) of 22 September 1966 on the establish­                     on those exchanges which are significant for interna­
ment of a common organization of the market in oils                  tional trade ; wherea^ Article 2 of Commission Regula­
and fats, as last amended by Regulation (EEC) No                     tion No 225/67/EEC (6) of 28 June 1967 on detailed
 1 707/73 (2), and in particular Article 27 (4) thereof ;            rules for determining the world market price for oil
                                                                     seeds, as last amended by Regulation (EEC) No
                                                                     2646/75 (7), provides that offers and quotations which
Having regard to the Opinion of the Monetary                         do not relate to shipments to be effected within 30
Committee ;                                                          days following the date on which the world market
                                                                     price is determined should be disregarded ; whereas
                                                                     offers and quotations which the Commission believes,
Whereas Article 27 of Regulation No 136/66/ EEC                       in view of general price movements or information
 provides that a subsidy should be granted in respect of              available to it, not to be representative of the real
oil seeds harvested and processed within the Commu­                   trend of the market must also be disregarded ; whereas
 nity when the target price for a species of seed is                  offers and quotations relating to quantities of less than
 higher than the price on the world market ; whereas                  500 metric tons and offers relating to seed of a quality
 these provisions apply only in respect of colza, rape                other than that normally acceptable on the world
 and sunflower seeds ;                                                market must also be disregarded ;
 Whereas the subsidy on oil seeds should, theoretically,
 be equal to the difference between those two prices ;                Whereas Article 3 of Regulation No 225/67/EEC
                                                                      provides that of the offers and quotations taken into
                                                                      consideration, those for delivery c and f should be
                                                                      increased by 0 2 % ; whereas offers and quotations for
 Whereas the target price for each species of seed was
                                                                      delivery fas, fob or otherwise should be increased, as
  fixed by Council Regulation (EEC) No 657/75 (3) of 4
  March 1975 fixing target and basic intervention prices              appropriate, by loading, transport and insurance costs
  for oil seeds for the 1975/76 marketing year, amended               from the point of shipment or loading to the frontier
                                                                      crossing point ; whereas cif offers and quotations for
  by Regulation (EEC) No 2505/75 («) ;
                                                                       frontier crossing points other than Rotterdam should
                                                                      be adjusted to allow for the difference in transport
  Whereas Article 29 of Regulation No 136/66/EEC
                                                                       costs as compared with a product delivered cif
                                                                       Rotterdam ; whereas the Commission should take
  provides that the world market price, calculated for a
  Community frontier crossing point, is to be deter­
                                                                       account only of the loading, transport and insurance
  mined on the basis of the most favourable purchasing                 costs which to its knowledge are the lowest ; whereas,
                                                                       finally, offers and quotations for delivery cif
  opportunities, quotations being adjusted where neces­                Rotterdam should be increased by 0-20 unit of
  sary to take account of quotations for competing                     account ;
  products ;
  Whereas Article 4 of Council Regulation No 115/                      Whereas Article 5 of Regulation No 115/67/ EEC
  67/ EEC (5) of 6 June 1967 laid down criteria for deter­             provides that the world market price should be deter­
                                                                       mined for seed of the standard quality for which the
  (') OJ  No  172, 30 . 9 . 1966, p. 3025/ 66.                         target price has been fixed, delivered in bulk ;
  (2) OJ  No  L 175, 29 . 6. 1973 , p. 5 .
  (3) OJ  No  L 72, 20 . 3 . 1975, p. 3 .
  (4) OJ  No  L 256, 2. 10 . 1975, p. 1 .                              (6) OJ No 136, 30 . 6. 1967, p. 2919/67.
  (5) OJ  No  111 , 10 . 6 . 1967, p. 2196/67 .                        (7) See page 29 of this Official Journal .
 ---pagebreak---  No L 269/38                       Official Journal of the European Communities                             18 . 10 . 75
 Whereas Article 3 of Regulation No 225/67/EEC                 — the difference between the price of 100 kg of
 provides that offers and quotations relating to                   colza, rape or sunflower seeds, plus processing
 products presented otherwise than in bulk should be               costs, and the total of the prices of the quantities
 adjusted by deducting the additional value resulting              of oil and oil cake resulting from the processing of
 from that presentation ; whereas offers and quotations            the type of seed in question, and
 relating to a quality other than the standard quality
 for which the target price was fixed should be adjusted      — the difference between the price of 100 kg of one
 on the basis of the coefficients of equivalence shown             or more other seeds, plus processing costs, and the
 in the Annex to that Regulation ; whereas, in the case            total of the prices of the quantities of oil and oil
 of offers on the world market for qualities of colza              cake resulting from the processing of these seeds ;
 and rape seed other than those listed in that Annex,
 coefficients of equivalence derived from those listed        Whereas the factors to be taken into consideration for
 in that Annex may, pursuant to Article 4 of Regula­          the purpose of determining that margin are defined in
 tion No 225/67/EEC, be applied ; whereas, when               Article 8 of Regulation No 225/67/EEC ; whereas no
derived coefficients are being calculated, account must       adjustment should be made where the margin is
be taken of the differences between prices for the qual­      found to be less than 0-50 unit of account ; whereas
 ities of seed in question and prices for the qualities       Article 6 (2) of Regulation No 115/67/EEC provides
 listed in that Annex, and of the characteristics of these
various seeds :
                                                              that, when the amount of the adjustment is being
                                                              determined, account should be taken of the incidence
                                                              of the margin in question on marketing operations of
                                                              Community traders and on the disposal of the various
                                                              types of seed on the world market ;
Whereas Article 2 of Regulation No 115/67/ EEC
provides that, where no offer or quotation can be used
as a basis for determining the world market price, that       Whereas Council Regulation (EEC) No 2114/71 ( J) of
price should be determined on the basis of the value          28 September 1971 on the subsidy for oil seeds, as
of the average quantities of oil and oil cake resulting       amended by Regulation (EEC) No 2730/71 (2), laid
from the processing of 100 kg of seed within the              down rules for granting the subsidy on oil seeds ;
Community less an amount corresponding to the cost            whereas under that Regulation, where the subsidy to
of processing these seeds into oil and oil cake ;             be granted is fixed in advance, the amount of such
whereas the quantities and costs to be taken into             subsidy must be equal to the amount applicable on
consideration for the purposes of the calculation are         the day on which the application for advance fixing
fixed in Article 5 of Regulation No 225/67/EEC ;              was lodged, adjusted by the difference between the
whereas the value of those quantities should be deter­        target price valid on that day and the target price valid
mined in accordance with the provisions of Article 6          on the day on which the seeds are placed under
of that Regulation ;                                          control at an oil mill and, where appropriate, a correc­
                                                              tive amount ; whereas Article 36 of Commission Regu­
                                                              lation (EEC) No 1204/72 (3) of 7 June 1972 laying
                                                              down detailed rules for the application of the subsidy
Whereas Article 3 of Regulation No 115/67/EEC                 system for oil seeds, as last amended by Regulation
provides that, where no offer or quotation can be used        (EEC) No 261 6/75 (4), provides that such adjustment
as a basis for determining the world market price and         should involve increasing or reducing the amount of
where it is, moreover, impossible to establish the value      subsidy applicable on the day on which the applica­
of the oil or oil cake processed from such seed, the          tion was lodged by the difference between the target
world market price should be determined on the basis          price valid during the month during which the seeds
of the most recent known value for oil or oil cake,          were placed under control at an oil mill and the target
adjusted to take account of the trend of world prices         price valid on the day on which the application was
for competing products by applying to that value the          lodged ;
rules set out in Article 2 of Regulation No 115/
67/EEC ; whereas Article 7 of Regulation No 225/
67/ EEC defines competing products as those oils or          Whereas Article 38 of Regulation (EEC) No 1204/72
oil cakes, as the case may be, which appear to have          provides that the corrective amount must be equal to
been offered in the largest quantities on the world          the difference between the world market price for
market during the period under consideration ;               colza, rape and sunflower seeds and the forward price
                                                             for those seeds valid for a shipment effected during
                                                             the month in which the seeds were placed under
                                                             control at an oil mill, those prices being determined
Whereas Article 6 ( 1 ) of Regulation No 115/ 67/ EEC        in accordance with Articles 1 , 4 and 5 of Regulation
provides that, when the world market price of a type
of seed is being determined, the price used should be        (') OJ   No  L 222, 2. 10. 1971 , p. 2.
                                                             (2) OJ   No  L 282, 23 . 12. 1971 , p. 18 .
adjusted by an amount not exceeding the margin               (3) OJ   No  L 133, 10. 6. 1972, p. 1 .
between :                                                    (4) OJ   No  L 267, 16. 10 . 1975 , p . 13 .
 ---pagebreak--- 18 . 10 . 75                        Official Journal of the European Communities                        No L 269/39
1 15/ 67/ EEC ; whereas, if no offer and no price can be           of these currencies recorded for a given period, in
used for such determination , the method of calcula­               relation to the Community currencies referred to
tion provided for in Article 38 of Regulation (EEC)                in the previous subparagraph ;
No 1204/ 72 should be used ; whereas the abovemen­
tioned difference may be adjusted pursuant to Article          Whereas it follows from applying all these provisions
39 of Regulation (EEC) No 1204/72, account being               to the offers and quotations known to the Commis­
taken of prices for soya seeds on the world market ;           sion that the subsidy on colza, rape and sunflower
                                                               seeds should be fixed as shown in the table annexed
Whereas the subsidy should be fixed whenever the               to this Regulation ,
market situation makes it necessary and in such a way
as to ensure its being applied at least once a week ;
                                                               HAS ADOPTED THIS REGULATION :
whereas the subsidy may be altered whenever it
becomes obvious that such alteration is necessary ;
                                                                                      Article 1
Whereas, if the subsidy system is to operate normally,
subsidies should be calculated on the following basis :        The amount of the subsidy referred to in Article 27 of
— in the case of currencies which are maintained in
                                                               Regulation No 136/66/ EEC is hereby fixed as shown
                                                               in the table annexed to this Regulation .
     relation to each other, at any given moment,
     within a band of 2-25 % , a rate of exchange based                               Article 2
     on their effective parity ;
— for other currencies an exchange rate based on the           This Regulation shall enter into force on 20 October
     arithmetic mean of the spot market rates of each           1975 .
              This Regulation shall be binding in its entirety and directly applicable in all Member
               States .
               Done at Brussels , 17 October 1975.
                                                                          For the Commission
                                                                            P.J. LARDINOIS
                                                                      Member of the Commission
 ---pagebreak--- No L 269/40                      Official Journal of the European Communities                            18 . 10 . 75
                                                     ANNEX
          to the Commission Regulation of 17 October 1975 fixing the amount of the subsidy on oil
                                                       seeds
          Subsidy applicable from 20 October 1975 to colza and rape seeds (CCT heading No ex 12.01 ) and
                               sunflower seeds (CCT heading No ex 12.01 ) (u.a./ 100 kg)
                                                                 Colza and rape seed     Sunflower seed
          Subsidy                                                       5-477                 2-419
          Subsidy in the case of advance fixing :
          — for the month of October 1975                               5-477                 2-419
          — for the month of November 1975                              5-537                 2-769
          — for the month of December 1975                              5-598                 3-119
          — for the month of January 1976                               5-658                 3-469
          — for the month of February 1976                              5-718                  —
          — for the month of March 1976                                 5-778                   —