Commission Regulation (EEC) No 2933/87 of 30 September 1987 amending Regulation No 282/67/EEC on detailed rules for intervention for oil seeds

COMMISSION  REGULATION (EEC) No 2933/87
of 30 September 1987
amending Regulation No 282/67/EEC on detailed rules for intervention for oil seeds
THE COMMISSION OF THE EUROPEAN COMMUNITIES
,
Having regard to the Treaty establishing the European Economic Community,
Having regard to Council Regulation No 136/66/EEC of 22 September 1966 on the establishment of a common organization of the market in oils and fats (1), as last amended by Regulation (EEC) No 1915/87 (2), and in particular Article 26 (3) thereof,
Whereas Article 26 (1) of Regulation No 136/66/EEC provides that rape and sunflower seed may be bought in by an intervention agency, in particular where the Community market price for such seeds is lower than the buying-in price; whereas Article 2 of Commission Regulation No 282/67/EEC (3), as last amended by Regulation (EEC) No 2709/87 (4), must specify the conditions under which intervention buying is to be authorized or suspended and the components to be taken into account for determining the Community market prices;
Whereas recourse to intervention on the slightest movement of prices must be avoided; whereas intervention purchasing should be triggered off only if market prices persistently remain below the intervention price; whereas a period of at least two weeks during which market prices are lower than the intervention price, should be required;
Whereas market prices recorded at locations outside production areas must be corrected by an amount representing the costs of movement between the main production areas and these locations; whereas this must be a fixed amount set on the basis of the different forms of transport used and of the distances between the production areas and these locations;
Whereas if the intervention arrangements are to run satisfactorily the number of locations at which prices are recorded must be kept to a strict minimum;
Whereas it is necessary for the Commission to obtain information on seed market prices in the Community;
Whereas Commission Regulation (EEC) No 605/86 of 28 February 1986 laying down transitional arrangements relating to the detailed rules for the buying in of oil seeds by intervention agencies in Spain and Portugal (5) stipulates that during the period 1 November to 31 December 1987 the minimum quantities of oil seeds that may be offered for intervention in Spain and in Portugal are 60 and 30 tonnes respectively; whereas this provision will remain applicable after this Regulation enters into force;
Whereas under the Act of Accession of Spain and Portugal prices and aid in these countries for certain oil and fat sector products differ from those applicable in the rest of the Community and the market in these products in the two countries, particularly in oil seeds, is subject to trade restrictions until 31 December 1990; whereas consequently the markets in both countries present special characteristics requiring specific arrangements for reporting market prices in connection with the triggering off and termination of intervention purchasing;
Whereas the measures provided for in this Regulation are in accordance with the opinion of the Management Committee for Oils and Fats,