CELEX: 31989R2651
Language: en
Date: 1989-09-01 00:00:00
Title: Commission Regulation (EEC) No 2651/89 of 31 August 1989 fixing the aid for soya beans

No L 255/54                               Official Journal of the European Communities                                   1 . 9. 89
                                     COMMISSION REGULATION (EEC) No 2651/89
                                                        of 31 August 1989
                                                  fixing the aid for soya beans
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                         account is to be taken of offers made on the world market
                                                                    as well as the prices quoted on exchanges which are
Having regard to the Treaty establishing the European               important in terms of international trade ; whereas, under
Economic Community,                                                 that Regulation, where the subsidy to be granted is fixed
                                                                    in advance, the amount of such subsidy must be equal to
Having regard to the Act of Accession of Spain and                  the amount applicable on the day on which the applica­
Portugal,                                                           tion for advance fixing was lodged, adjusted by the diffe­
                                                                    rence between the target price valid on that day and the
                                                                    target price valid on the identification day ; whereas such
Having regard to Council Regulation (EEC) No 1491 /85               adjustment should involve increasing or reducing the
of 23 May 1985 laying down special measures in respect              amount of subsidy applicable on the day on which the
of soya beans ('), as last amended by Regulation (EEC) No           application was lodged by the corrective amount and the
2217/88 (2), and in particular Article 2 (7) thereof,               difference between the target prices mentioned in Article
                                                                    33 of Commission Regulation (EEC) No 2537/89 of 8
Having regard to Council Regulation (EEC) No 2286/88                August 1989 laying down detailed rules for the applica­
of 19 July 1988 providing for the granting of special aid           tion of the special measure for soya beans Q ;
for soya beans produced and processed in Portugal (3),
                                                                    Whereas, pursuant to Regulation (EEC) No 2537/89, the
Having regard to the opinion of the Monetary Committee,             world market price is to be fixed per 100 kilograms and
                                                                    calculated on the basis of the most favourable offers and
Whereas, pursuant to Article 2 (1 ) of Regulation (EEC) No ,        quotations for delivery within 30 days following the date
1491 /85, aid is to be granted for soya beans harvested             when the said offers and quotations were recorded ;
within the Community where the guide price for a
marketing year exceeds the world price ; whereas the said
aid is to be equal to the difference between those two              Whereas, where the offers and quotations do not comply
prices ;                                                            with the said conditions, the necessary adjustments must
                                                                    be carried out, particularly those referred to in Article 40
                                                                    of Regulation (EEC) No 2537/89 ;
Whereas the guide price for soya beans for the 1989/90
marketing year was fixed by Council Regulation (EEC)
No 1232/89 (4); whereas, pursuant to Articles 95 (2) and            Whereas the abatement of the subsidy which arises, where
293 (2) of the Act of Accession of Spain and Portugal, aid          appropriate, from the system of maximum guaranteed
for soya beans harvested in these two Member States is to           quantities for the 1989/90 year, has not, to date, been
be introduced in accordance with the provisions of para­            fixed ; whereas the amount of the subsidy for the 1989/90
graphs 2 and 3 of the said Articles from the beginning of           year has been provisionally calculated on the basis of an
the 1986/87 marketing year ;                                        abatement of ECU 4,590 per 100 kilograms ;
Whereas, pursuant to Article of Regulation (EEC) No
                                                                    Whereas, if the said system is to operate normally, aid
2286/88, soya beans produced and processed in Portugal              should be calculated on the following basis :
shall be eligible for special aid equal to the difference
between the guide price for such beans in Portugal and
the price of imported soya beans ;                                  — in the case of currencies which are maintained in rela­
                                                                         tion to each other at any given moment within a band
Whereas, pursuant to Council Regulation (EEC) No                         of 2,25 %, a rate of exchange based on their central
2194/85 of 25 July 1985 adopting general rules concer­                   rate, multiplied by the corrective factor provided for in
ning special measures for soya beans (*), as last amended                the last paragraph of Article 3 (1 ) of Council Regula­
by Regulation (EEC) No 1231 /89 (% the world price for                   tion (EEC) No 1676/85 (8), as last amended by Regula­
soya beans is to be determined on the basis of the most                  tion (EEC) No 1636/87 0,
favourable actual purchasing possibility, with the excep­           — for other currencies, an exchange rate based on the
tion of offers and prices which may not be considered as                 arithmetic mean of the spot market rates of each of
representative of the actual market trend ; whereas                      these currencies recorded over a given period in rela­
                                                                         tion to the Community currencies referred to in the
(') OJ No  L  151 , 10.  6. 1985, p. 15.                                 previous indent, and the aforesaid coefficient ;
(2) OJ No  L  197,  26.  7. 1988, p. 11 .
(3) OJ No  L  201 , 27.  7. 1988, p. 2.
(4) OJ No  L  128,  11 . 5. 1989, p. 26.                            O OJ No L 245, 22. 8. 1989, p. 8.
(Ó OJ No L 204, 2. 8. 1985, p. 1 .                                  (8) OJ No L 164, 24. 6. 1985, p. 1 .
fó OJ No L 128, 11 . 5. 1989, p. 24.                                0 OJ No L 153, 13. 6. 1987, p. 1 .
 ---pagebreak--- 1 . 9 . 89                           Official Journal of the European Communities                          No L 255/55
Whereas the aid shall be fixed as often as the market situ­    provided for m Article 1 of Regulation (EEC) No 2286/88
ation so requires and so that it can be applied at least       in the case of Portugal shall be as set out in the Annex
twice a month, one of which times shall be from the first      hereto.
day of each month ;
Whereas it follows from applying these provisions to the       2.     However, the amount of the subsidy will be
offers and quotations known to the Commission that the         confirmed or replaced as from 1 September 1989 to take
subsidy on soya beans should be as set out in this Regula­     into account the consequences of die application of the
tion,                                                          system of maximum guaranteed quantities.
HAS ADOPTED THIS REGULATION :
                                                                                       Article 2
                        Article 1
1 . The amount of the aid provided for in Regulation           This Regulation shall enter into force on 1 September
(EEC) No 1491 /85 and the amount of the special aid             1989.
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States.
                Done at Brussels, 31 August 1989.
                                                                        For the Commission
                                                                         Ray MAC SHARRY
                                                                    Member of the Commission
 ---pagebreak--- No L 255/56                       Official Journal of the European Communities                          1 . 9. 89
                                                      ANNEX
                   to Commission Regulation of 31 August 1989 fixing the aid for soya beans
                                                                                           (ECU/TOO kg)
                                                                     Seed harvested in
                                              <
                                                                                       another Member
                                                            Spain        Portugal            State
            Seed processed in current period
            — Spain                                         0,000         31,108           31,108
            — Portugal                                     20,798         31,108 0         31,108
            — another Member State                         20,798         31,108           31,108
            Seed processed in first period
            — Spain                                         0,000         31,108           31,108
            — Portugal                                     20,798         31,108 ft        31,108
            — another Member State                         20,798         31,108           31,108
            Seed processed in second period
            — Spain                                         0,000         31,108            31,108
            — Portugal                                     20,798         3 1,1 08 ft       31,108
            — another Member State                         20,798         31,108            31,108
            Seed processed in third period
            — Spain         !                               0,000         31,108            31,108
            — Portugal                                     20,798         31,108 ft         31,108
            — another Member State                         20,798         31,108            31,108
            Seed processed in fourth period
            — Spain                                         0,000         31,108            31,108
            — Portugal                                     20,798         31,108 ft         31,108
            — another Member State                         20,798         31,108            31,108
            Seed processed in fifth period
            — Spain                                          0,000        31,108            31,108 .
            — Portugal                                     20,798         31,108 ft         31,108
                another Member State                       20,798         31,108            31,108
            () Special aid.