31987R2920

1 . 10 . 87 Official Journal of the European Communities No L 278 / 25

COMMISSION REGULATION ( EEC) No 2920 / 87 of 30 September 1987 fixing the rate of the aid for dried fodder

THE COMMISSION OF THE EUROPEAN COMMUNITIES, actual purchase possibilities excepting those which cannot be considered representative of the real market trend ; whereas offers and quotations recorded during the first 25 Having regard to the Treaty establishing the European days of the month in question for quantities that can be Economic Community, and in particular Article 5 thereof, delivered during the following calendar month are to be used ; whereas the average world, market price thus deter­ Having regard to the Act of Accession of Spain and mined is used to fix the supplementary aid rate applicable Portugal, on the following month ;

Having regard to Council Regulation (EEC) No 1117/78 Whereas the necessary adjustments must be made in the of 22 May 1978 on the common organization , of the case of offers and quotations not of the type referred to market in dried fodder ('), as last amended by Regulation above ; whereas these adjustments were defined in Article (EEC) No 1960/ 87 (2), and in particular Article 5 (3) 3 of Commission Regulation (EEC) No 1528 /78 of 30 thereof, June 1978 laying down detailed rules for the application of the system of aid for dried fodder C5), as last amended Having regard to the opinion of the Monetary Committee, by Regulation (EEC) No 2334/ 87 0 ;

Whereas, under Article 5 ( 1 ) of Regulation (EEC) No Whereas, when no offer of or quotation for the products 1117/78 , when the guide price is higher than the average described in the first indent of Article 1 (b) of Regulation world market price, aid is given for dried fodder as (EEC) No 1117/78 can be used to determine the average described under Article 1 (b) and (c) of that Regulation world market price, it is to be determined from offers on obtained from fodder plants harvested in the Commu­ the world market of, and quotations on , the exchanges nity ; whereas this aid is equal to a percentage of the important for international trade for the products difference between these two prices for dehydrated fodder described in the second indent of Article 1 (b) of Regula­ and for protein concentrates ; whereas the aid for fodder tion (EEC) No 111 7/78 ; otherwise dried includes an amount to be deducted :

Whereas this percentage and ihe guide price were fixed Whereas, under Article 3 of Regulation (EEC) No by Council Regulation (EEC) No 1961 /87 of 2 July 1987 1417/78 , when no offer or quotation can be used to deter­ fixing the guide price for dried fodder for the 1987/88 mine the average world market price, this price is deter­ marketing year (3) ; mined on the basis of he sum of the value of competing products ; whereas those products are defined in Article 3 (3) of Regulation (EEC) No 1528 /78 ; Whereas the amount referred to in Article 5 (2) of Regula­ tion (EEC) No 1117/78 has not been fixed to date ; whereas the amount of the aid for fodder otherwise dried Whereas, under Article 11 of Regulation (EEC) No has only been able to be calculated provisionally on the 1417/78 , when forward prices differ from that applying in basis of an amount to be deducted of 43 ECU per tonne ; the month when the application is lodged, the aid rate is adjusted by a correcting amount calculated from the trend Whereas the average world market price is determined for of forward prices ; a bulk pelleted product, delivered to Rotterdam, of the standard quality for which the guide price has been fixed ; Whereas the correcting amount is equal to the difference between the average world market price and the average Whereas, under Council Regulation (EEC) No 1417/78 of forward world market price multiplied by the percentage 19 June 1978 on the aid system for dried fodder (4), as last fixed in Article 3 of Council Regulation (EEC) No amended by Regulation (EEC) No 1173/87 (*), the average 131 5/85 (8) ; whereas when for one of the months fol­ world market price for the products described in the first lowing that of the introduction of aid the average forward indent of Article 1 (b) of Regulation (EEC) No 1117/78 is to be determined on the basis of the most favourable world market price cannot be determined by applying the criteria specified in Article 1 of Regulation (EEC) No 1417/ 78 , the price determined for the previous month is ') OJ No L 142, 30 . 5. 1978 , p. 1 . (2) OJ No L 184, 3 . 7. 1987. 3) OJ No L 184, 3 . 7 . 1987. («) OJ No L 179 , 1 . 7. 1978 , p . 10 . (4) OJ No L 171 , 28 . 6 . 1978 , p . 1 . I7) OJ No L 210, 1 . 8 . 1987, p. 63 . 0 OJ No L 113 , 30 . 4. 1987, p . 13 . (8 OJ No L 137, 27. 5. 1985, p . 28 .

No L 278 /26 Official Journal of the European Communities 1 . 10 . 87

used to calculate the difference ; whereas when for two or tion to the Community currencies referred to in the . more consecutive months following that of the introduc­ previous indent and the aforesaid coefficient ; tion of aid, the average forward world market prices cannot be determined by applying the criteria set out in Whereas , pursuant to Article 120 ( 1 ) of the 1985 Act of Article 1 of Regulation (EEC) No 1417/78 , the prices for Accession, the Spanish price must be aligned with the the months in question are determined by applying the common price in accordance with the method laid down criteria laid down in Article 3 of Regulation {EEC) No in Article 70 of that Act '; 1417/78 ; Whereas, pursuant to Articles 120 (2) and 306 (2) of the Whereas, where the average world market price Nis deter­ Act -of Accession, the aid applicable in these two Member mined in accordance with Article 3 of Regulation (EEC) States is to be adjusted by an amount equal to the inci­ No 1417/78 , the corrective amount must be equal to the dence of customs duties on imports of these products difference between the average world market price and from third countries ; whereas, in addition, in Spain the the average forward world market price determined by ; amount is to be adjusted by the difference, multiplied by applying the criteria laid down in Article 3 (3) of Regula­ the percentage and the amount referred to in Article 5 (2) tion (EEC) No 1528/78 and valid for delivery during a of Regulation (EEC) No 1117/78 , between the guide price month other than that in which the aid is introduced, applied in Spain and the common guide , price ; adjusted by the percentage and the amount fixed under. Article 5 (2) of Regulation (EEC) No 1117/78 for the Whereas, as the result of the applications of all these product concerned ; whereas where the average forward provisions to the offers and quotations which the . world market price for one or more months cannot be Commission has recorded, the rate of the aid for dried determined by applying the criteria laid down in Article 3 fodder must be fixed as indicated in the table annexed to (3) of Regulation (EEC) No 1528/78, the corrective this Regulation , amount must be fixed for the month or months in ques­ tion at a level such that the aid is equal to zero ;

Whereas, if the aid system is to operate normally, refunds HAS ADOPTED THIS REGULATION : should be calculated on the following basis ; — in the case of currencies which are maintained in rela­ Article 1 tion to each other at any given moment within a band of 2,25% ,« a rate of exchange based on their central The rate of the aid referred to in Article 5 (3) of Regula­ rate, multiplied by the corrective factor provided for in : tion (EEC) No 111 7/78 is fixed in the Annex to this the last paragraph of Article 3 (1 ) of Council Regula­ Regulation , tion (EEC) No 1676/85 ('), as last amended by Regula­ tion (EEC) No 1636/ 87 (2) ; — for other currencies, an exchange rate based on the Article 2 arithmetic mean of the spot market rates of each of these currencies recorded over a given period in rela­ This Regulation shall enter into force on 1 October 1987.

This Regulation shall be binding in its entirety and directly applicable in all Member States .

Done at Brussels, 30 September 1987 . For the Commission Frans ANDRIESSEN Vice-President

(') OJ No L 164, 24. 6 . 1985, p. 1 . 0 OJ No L 153 , 13 . 6 . 1987, p . 1 .

1 . 10 . 87 Official Journal of the European Communities No L 278 / 27

ANNEX :

to the Commission Regulation of 30 September 1987 fixing the rate of the aid for dried fodder

Aid applicable from 1 October 1987 to dried fodder

(ECU/tonne) _ Dehydrated fodder ex 12 . TO B Fodder otherwise dried Protein concentrates ex 23.06 B ex 12.10 B Other Other Spain Portugal Member Spain Portugal Member States States

Aid 74,744 94,956 96,804 31,744 - 51,956 53,804

Aid in case of advance fixing for the month of :

- (ECU/tonne) J

November 1987 74,705 94,9 17. 96,765 31,705 „51,917 53,765 December 1987 74,705 " 94,917 96,765 31,705 51,917 53,765 - January 1988 74,061 - 94,258 96,121 31,061 51,258 53,121 February 1988 74,061 : 94,258 96,121 31,061 51,258 53,121 March 1988 74,061 94,258 96,121 31,061 51,258 53,121