CELEX: 31990R0268
Language: en
Date: 1990-02-01 00:00:00
Title: Commission Regulation (EEC) No 268/90 of 31 January 1990 fixing the aid for soya beans

1 . 2. 90                                 Official Journal of the European Communities                                No L 30/37
                                        COMMISSION REGULATION (EEC) No 268/90
                                                        of 31 January 1990
                                                  fixing the aid for soya beans
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                         tion of offers and prices which may not be considered as
                                                                     representative of the actual market trend ; whereas
                                                                    account is to be taken of offers made on the world market
Having regard to the Treaty establishing the European                as well as the prices quoted on exchanges which are -
Economic Community,
                                                                     important in terms of international trade ; whereas, under
                                                                     that Regulation, where the subsidy to be granted is fixed
Having regard to the Act of Accession of Spain and                   in advance, the amount of such subsidy must be equal to
Portugal,                                                            the amount applicable on the day on which the applica­
                                                                     tion for advance fixing was lodged, adjusted by the diffe­
                                                                     rence between the target price valid on that day and the
Having regard to Council Regulation (EEC) No 1491 /85                target price valid on the identification day ; whereas such
of 23 May 1985 laying down special measures in respect
of soya beans ('), as last amended by Regulation (EEC) No
                                                                     adjustment should involve increasing or reducing the
                                                                     amount of subsidy applicable on the day on which the
2217/88 (2), and in particular Article 2 (7) thereof,                application was lodged by the corrective amount and the
                                                                     difference between the target prices mentioned in Article
Having regard to Council Regulation (EEC) No 2286/88                 33 of Commission Regulation (EEC) No 2537/89 of 8
of 19 July 1988 providing for the granting of special aid            August 1989 laying down detailed rules for the applica­
for soya beans produced and processed in Portugal (3),               tion of the special measure for soya beans Q, as amended
                                                                     by Regulation (EEC) No 150/90 (8);
 Having regard to the opinion of the Monetary Committee,
                                                                     Whereas, pursuant to Regulation (EEC) No 2537/89, the
Whereas, pursuant to Article 2 (1 ) of Regulation (EEC) No           world market price is to be fixed per 100 kilograms and
 1491 /85, aid is to be granted for soya beans harvested             calculated on the basis of the most favourable offers and
 within the Community where the guide price for a                    quotations for delivery within 30 days following the date
 marketing year exceeds the world price ; whereas the said           when the said offers and quotations were recorded ;
 aid is to be equal to the difference between those two
 prices ;
                                                                     Whereas, where the offers and quotations do not comply
 Whereas the guide price for soya beans for the 1989/90              with the said conditions, the necessary adjustments must
 marketing year was fixed by Council Regulation (EEC)                 be carried out, particularly those referred to in Article 40
 No 1232/89 (4); whereas, pursuant to Articles 95 (2) and             of Regulation (EEC) No 2537/89 ;
 293 (2) of the Act of Accession of Spain and Portugal, aid
 for soya beans harvested in these two Member States is to
 be introduced in accordance with the provisions of para­             Whereas the abatement of the subsidy for soya beans
 graphs 2 and 3 of the said Articles from the beginning of            which arises from the system of maximum guaranteed
 the 1986/87 marketing year ;                                         quantities for the 1989/90 marketing year has been fixed
                                                                      by Commission Regulation (EEC) No 3303/89 (9) ; -
 Whereas, pursuant to Article of Regulation (EEC) No
 2286/88, soya beans produced and processed in Portugal
 shall be eligible for special aid equal to the difference            Whereas, if the said system is to operate normally, aid
 between the guide price for such beans in Portugal and               should be calculated on the following basis :
 the price of imported soya beans ;
 Whereas, pursuant to Council Regulation (EEC) No                     — in the case of currencies which are maintained in rela­
 2194/85 of 25 July 1985 adopting general rules concer­                    tion to each other at any given moment within a band
 ning special measures for soya beans f5), as last amended                 of 2,25 % , a rate of exchange based on their central
 by Regulation (EEC) No 1231 /89 (f), the world price for                  rate, multiplied by the corrective factor provided for in
 soya beans is to be determined on the basis of the most                   the last paragraph of Article 3 ( 1 ) of Council Regula­
 favourable actual purchasing .possibility, with the excep                 tion (EEC) No 1 676/85 (10), as last amended by Regu­
                                                                           lation (EEC) No 1636/87 (n),
 (') OJ  No  L 151 , 10. 6. 1985, p. 15.
 R   OJ  No  L 197,  26. 7. 1988, p. 11 .                             O OJ No L 245, 22. 8 . 1989, p. 8 .
 0   OJ   No L 201 , 27. 7. 1988, p. 2.                               (8) OJ No L 18 , 23 . 1 . 1990, p. 10 .
 («) OJ   No L 128,  11 . 5. 1989, p. 26.                             (9) OJ No L 320, 1 . 11 . 1989, p. 60 .
 0   OJ   No L 204,  2. 8 . 1985, p. 1 .                              (10) OJ No L 164, 24. 6. 1985, p. 1 .
 (4 OJ No L 128, 11 . 5. 1989, p. 24.                                 (11) OJ No L 153, 13 . 6. 1987, p. 1 .
 ---pagebreak--- No L 30/38                           Official Journal of the European Communities                                1 . 2. 90
— for other currencies, an exchange rate based on the          HAS ADOPTED THIS REGULATION :
    arithmetic mean of the spot market rates of each of
    these currencies recorded over a given period in rela­
                                                                                       Article 1
    tion to the Community currencies referred to in the
    previous indent, and the aforesaid coefficient ;
                                                               The amount of the aid provided for in Article 2 for in
Whereas the aid shall be fixed as often as the market situ­    Regulation (EEC) No 1491 /85 and the amount of the
ation so requires and so that it can be applied at least       special aid provided for in Article 1 of Regulation (EEC)
twice a month, one of which times shall be from the first      No 2286/88 in the case of Portugal shall be as set out in
day of each month ;                                            the Annex hereto.
Whereas it follows from applying these provisions to the
offers and quotations known to the Commission that the                                 Article 2
subsidy on soya beans should be as set out in this Regula­
tion,                                                          This Regulation shall enter into force on 1 February 1990.
                This Regulation shall be binding in its entirety and directly applicable in all Member
                States.
                Done at Brussels, 31 January 1990.
                                                                        For the Commission
                                                                          Ray MAC SHARRY
                                                                    Member of the Commission
 ---pagebreak--- 1 . 2. 90                       Official Journal of the European Communities                          No L 30/39
                                                    ANNEX
              to the Commission Regulation of 31 January 1990 fixing the aid for soya beans
                                                                                         (ECU/100 kg)
                                                                   Seed harvested in
                                                                                     another Member
                                                           Spain       Portugal            State
          Seed processed in current period           1
          — Spain                                          0,000        27,824           27,824
          — Portugal                                     19,897         27,824 0         27,824
          — another Member State                          19,897        27,824           27,824
          Seed processed in first period
          — Spain                                          0,000        27,837 :          27,837
          — Portugal                                      19,910        27,837 0          27,837
          — another Member State                          19,910        27,837            27,837
          Seed processed in second period
          — Spain                                           0,000       28,193            28,193
          — Portugal                                     20,266         28,193 0          28,193
          — another Member State                          20,266        28,193            28,193
          Seed processed in third period
          — Spain                                           0,000       28,509            28,509
          — Portugal                                      20,582        28,509 (*)        28,509
          — another Member State                          20,582        28,509            28,509
          Seed processed in fourth period
          — Spain                                           0,000       28,500            28,500
          — Portugal                                      20,573        28,500 0          28,500
          — another Member State                          20,573        28,500            28,500
          Seed processed in fifth period
          — Spain                                           0,000       28,500            28,500
          — Portugal                                      20,573        28,500 0          28,500
          — another Member State                          20,573        28,500            28,500
          0 Special aid.