CELEX: 31988R0868
Language: en
Date: 1988-03-31 00:00:00
Title: Commission Regulation (EEC) No 868/88 of 30 March 1988 fixing the rate of the aid for dried fodder

No L 87/64                               Official Journal of the European Communities                                  31 . 3 . 88
                                     COMMISSION REGULATION (EEC) No 868/88
                                                       of 30 March 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 1 173/87 (% 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 1117/78 ;
Whereas Commission Regulation (EEC) No 2334/87 (4),
fixed the rate referred to in Article 5 (2) of Regulation
(EEC) No 1117/78 ;                                                  Whereas, under Article 3 of Regulation (EEC) No
                                                                     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 guide price for dried                mined on the basis of he sum of the value of competing
 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 of Regulation             the month when the application is lodged, the aid rate is
 (EEC) No 1 1 17/78 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 .                             0   OJ No  L  171 , 28. 6. 1978, p. 1 .
 0   OJ No  L 377, 31 . 12. 1987, p. 34.                            («) OJ No  L  113,  30. 4. 1987, p. 13.
  3) OJ No  L 184, 3. 7. 1987, p. 7.                                0   OJ No  L  179,  1 . 7. 1978, p. 10 .
 (*) OJ No  L 210, 1 . 8. 1987, p. 63.                              (') OJ No  L  210,  1 . 8 . 1987, p. 63.
 ---pagebreak--- 31 . 3. 88                             Official Journal of the European Communities                            No L 87/65
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          Whereas, pursuant to Articles 120 (2) and 306 (2) of the
used to calculate the difference {whereas when for two or
                                                                 Act of Accession, the aid applicable in these two Member
more consecutive months following that of the introduc­          States is to be adjusted by an amount equal to the inci­
tion of aid, the average forward world market prices             dence of customs duties on imports of these products
cannot be determined by applying the criteria set out in         fjrom third countries ; whereas, in addition, in Spain the
Article 1 of Regulation (EEC) No 1417/78, the prices for         amount is to be adjusted by the difference, multiplied by
Jhe months in question are determined by applying the            the percentage and the amount referred to in Article 5 (2)
criteria laid down in Article 3 of Regulation (EEC) No           of Regulation (EEC) No 1117/78, between the guide price
 1417/78 ;
                                                                 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 April 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 April 1988 .
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                   States.
                   Done at Brussels, 30 March 1988 .
                                                                            For the Commission
                                                                             Frans ANDRIESSEN
                                                                                Vice-President
                                                                  0 OJ No L 164, 24. 6. 1985, p. 1 .
(') OJ No L 137, 27. 5. 1985, p. 28 .                            O OJ No L 153, 13. 6. 1987, p. 1 .
 ---pagebreak---   No L 87/66                                    Official Journal of the European Communities                                               31 . 3. 88
                                                                        ANNEX
                        to the Commission Regulation of 30 March 1988 fixing the rate of the aid for dried fodder
                                                 Aid applicable from 1 April 1988 to dried fodder
                                                                                                                                          (ECU/tonne)
I                                                   Fodder dehydrated by artificial heat-drying
                                                              Protein concentrates
                                                                                                                 Fodder otherwise dried
                                                                                         Other                                             Other
                                                     Spain          Portugal           Member           Spain           Portugal         Member
                                                                                         States                                            States
  Aid                                              59,854            80,095             81,914         16,854           37,095           38,914
  Aid in case of advance fixing for the month of :
                                                                                                                                          (ECU/tonne)
  May 1988 (')                                      62,095           82,378             84,155         19,095           39,378           41,155
  June 1988 (')                                     62,450           82,740             84,510         19,450           39,740           41,510
  July 1988 0                                       65,031           85,369             87,091         22,031           42,369            44,091
  August 1988 0                                     65,031           85,369             87,091         22,031           42,369            44,091
  September 1988 0                                  64,205           84,528             86,265         21,205           41,528            43,265
  October 1988 0                                    64,934           85,270             86,994         21,934           42,270            43,994
  November 1988 0                                   64,436           84,763             86,496         21,436           41,763            43,496
  December 1988 0                                   64,436           84,763             86,496         21,436           41,763            43,496
  January 1 989 0                                    0,000            0,000               0,000         0,000             0,000             0,000
  February 1989 0                                    0,000            0,000               0,000          0,000            0,000             0,000
  March 1989 0                                       0,000            0,000               0,000         0,000             0,000             0,000
  (') Subject in the case of advance fixing for the 1988/89 marketing year to the adoption of prices and related measures for that marketing year.
  (A In accordance with Article 6 (b) of Regulation (EEC) No 1528/78.