CELEX: 31987R2638
Language: en
Date: 1987-09-01 00:00:00
Title: Commission Regulation (EEC) No 2638/87 of 31 August 1987 fixing the aid for soya beans

No L 248 / 50                             Official Journal of the European Communities                                   1 . 9 . 87
                                       COMMISSION REGULATION (EEC) No 2638/87
                                                        of 31 August 1987
                                                  fixing the aid for soya beans
THE COMMISSION OF THE EUROPEAN COMMUNITIES,                         the application of the special measures for soya beans (*),
                                                                    as last amended by Regulation (EEC) No 2290/87 Q, the
                                                                    world market price is to be fixed per 100 kilograms and
Having regard to the Treaty establishing the European               calculated on the basis of the most favourable offers and
Economic Community,                                                 quotations for delivery within 30 days following the date
                                                                    when the said offers and quotations were recorded ;
Having regard to the Act of Accession of Spain and
Portugal,                                                           Whereas, where the offers and quotations do not comply
                                                                    with the said conditions, the necessary adjustments must
                                                                    be carried out, particularly those referred to in Article 2 of
Having regard to Council Regulation (EEC) No 1491 /85               Regulation (EEC) No 2329/85 ;
of 23 May 1985 laying down special measures in respect
of soya beans ('), as amended by Regulation (EEC) No
1921 /87 (2), and in particular Article 2 (7) thereof,              Whereas the estimated production of soya seed for the
                                                                     1987/88 marketing year has not been fixed ; whereas the
                                                                     amount to . be deducted where appropriate, from the
Having regard to the opinion of the Monetary Committee,              subsidy in compliance with the system of maximum
                                                                    guaranteed quantities referred to in Article 3 a (3) of
                                                                     Regulation (EEC) No 1491 /85 and its effect on the
Whereas, pursuant to Article 2 ( 1 ) of Regulation (EEC) No          amount of the aid could therefore not be determined ;
1491 /85, aid is to be granted for soya beans harvested             whereas the amounts of the aid should therefore only be
within the Community where the guide price for a                     applied on a temporary basis and should be confirmed or
marketing year exceeds the world price ; whereas the said            replaced once the effects of the system of maximum
aid is to be equal to the difference between those two              guaranteed quantities for soya seed are known ;
prices ;
                                                                    Whereas, if the said system is to operate normally, aid
Whereas the guide price for soya beans for the 1987/88               should be calculated on the following basis :
marketing year was fixed by Council Regulation (EEC)
No 1923/87 (3) ; whereas pursuant to Articles 95 (2) and             — in the case of currencies which are maintained in rela­
293 (2) of the Act of Accession of Spain and Portugal aid
for soya beans harvested in these two Member States is to                tion to each other at any given moment within a band
be introduced in accordance with the provisions of para­                 of 2,25 % , a rate of exchange based on their central
graphs 2 and 3 of the said Articles from the beginning of                rate, multiplied by the corrective factor provided for in
the 1986/87 marketing year ;                                             the last paragraph of Article 3 (1 ) of Council Regula­
                                                                         tion (EEC) No 1676/85 (8), as last amended by Regula­
                                                                         tion (EEC) No 1636/87 (»);
Whereas, pursuant to Council Regulation (EEC) No                     — for other currencies, an exchange rate based on the
2194/85 of 25 July 1985 adopting general rules concer­                   arithmetic mean of the spot market rates of each of
ning special measures for soya beans (4), as amended by                  these currencies recorded over a given period in rela­
Regulation (EEC) No 2133/87 (^ ; the world price for soya                tion to the Community currencies referred to in the
beans is to be determined on the basis of the most favou­                 previous indent, and the aforesaid coefficient ;
rable actual purchasing possibility, with the exception of
offers and prices which may not be considered as repre­
sentative of the actual market trend ; whereas acccount is           Whereas the aid rate applying during the marketing year
to be taken of offers made on the world market as well as            shall be fixed twice a month in time to be applied from
the prices quoted on exchanges which are important in                the first and the 1 6th day of each month ;
terms of international trade ;
                                                                     Whereas it follows from applying these provisions to the
Whereas, pursuant to Commission Regulation (EEC) No                  offers and quotations known to the Commission that the
2329/85 of 12 August 1985 laying down detailed rules for             subsidy on soya beans should be as set out in this Regula­
                                                                     tion,
(') OJ  No  L  151 , 10 . 6. 1985, p. 15.
(2) OJ  No  L  183,  3. 7. 1987, p. 19 .                             («) OJ No L 218, 15. 8. 1985, p. 16.
(3  OJ  No  L  183,  3 . 7. 1987, p. 21 .                            0 OJ No L 209, 31 . 7. 1987, p. 37.
(4) OJ  No  L  204,  2. 8 . 1985, p. 1 .                             (8) OJ No L 164, 24. 6. 1985, p. 1 .
Is) OJ No L 200, 21 . 7. 1987, p. 2.                                 M OJ No L 153, 13. 6. 1987, p. 1 .
 ---pagebreak--- 1 . 9 . 87                                   Official Journal of the European Communities                                        No L 248/51
HAS ADOPTED THIS REGULATION :
                                                                              effects of application of the system of maximum guaran­
                                                                              teed quantities for soya seed.
                              Article 1
1 . The aid referred to in Article 2 of Regulation (EEC)
No 1491 /85 is hereby fixed in the Annex.                                                                  Article 2
2.      In cases of advance fixing of the aid the amount
shall however be confirmed or altered with effect from 1                      This Regulation shall enter into force on 1 September
September 1987 to take account, where appropriate, of the                     1987.
                  This Regulation shall be binding in its entirety and directly applicable in all Member
                  States .
                   Done at Brussels, 31 August 1987.
                                                                                        For the Commission
                                                                                         Frans ANDRIESSEN
                                                                                             Vice-President
                                                                     ANNEX
                                                             Aid for soya beans (')
                                                                                                                    (ECU/100 kg)
                                                                                          Seed harvested in
                                                                                                               another Member
                                                                             Spain              Portugal             State
                  Seed processed in :
                  — Spain                                                     0,000             33,615              33,615
                  — Portugal                                                21,789               0,000              33,615
                  — another Member State                                    21,789              33,615              33,615
                  (*) Subject to confirmation of the amount to be deducted in accordance with the system of guaranteed maximum
                      quantities.