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Overall producer price of agricultural products increased in September

Indices of agricultural prices - September 2012

In September, overall producer price of agricultural products increased by 3.6 % compared to August ; year-over-year it rose by 10.7%

Price of cereals stabilized at a high level (–0.5% over one month). The decrease in crop in the Black Sea region, as well as a lack of rain in Australia, kept the price of wheat up. Conversely, the crop of maize in the Northern hemisphere raised the available quantities, leading to a decrease in its price.

Producer price of cereals

Producer price of cereals

Price of oleaginous also remained firm (+0.1 %), due to a high demand for feed oil.

Price of potatoes went up strongly year-over-year (+81.3 %). The new crop was less considerable than last year in North-Western Europe.

Price of wine rose in September (+1.1 %), due to quality wine (+1.9 %).

The producers of seeds, as well as those of tree nursery, raised their annual prices in September.

Price of fresh fruits increased year-over-year (+16.2 %) in September. Peach and plum became more expensive : the quantities put on sale for these were more in line with the demand than last year. The prices of apple and pear noticeably rose as a result of a sharp decrease in production for these two fruits in Europe.

Producer price of fresh vegetables

Producer price of fresh vegetables

Price of fresh vegetables rose year-over-year (+16.4 %). Prices of tomato, salad and onion went up due to a decreasing production this season and to a moderate foreign competition for tomato. On the other hand melon did not sell well.

Producer price of pigs and large cattle

Producer price of pigs and large cattle

On a seasonally adjusted basis, price of animals went up in September (+2.8 %). Price of pigs kept up rising (+10.8%), reflecting a dropping national supply : the lack of profitability in this sector has led to a progressive decline in production for several months. Price of poultry partly reflected the increase in price of chicken feed.

Indices of producer prices of agricultural products (IPPAP)
Base year 2005
(1) Including vegetables for industry.
(2) The price for September is not yet known and therefore is estimated by carrying forward the seasonally adjusted price of August.
Sources: INSEE - SSP (ministry of agriculture)
Variation as % over:
weights September 2012 a month 3 months a year
raw seasonally adjusted data raw
Agricultural goods output 1000 143.0 +3.6 +7.9 +10.7
excluding fruits and vegetables 878 145.7 +2.9 +8.5 +10.3
Crop output (excluding fruits and vegetables) 417 164.9 +3.7 +14.0 +14.4
Cereals 115 244.0 –0.5 +20.8 +22.7
of which soft wheat 63 260.6 –0.1 +21.2 +30.3
grain maize 27 219.9 –2.3 +22.1 +18.2
Potatoes 19 218.0 /// /// +81.3
Wines 161 122.4 +1.1 +0.7 +2.0
quality wines 140 122.7 +1.9 +1.9 +3.5
other wines 21 120.4 –3.7 –6.5 –7.2
Oleaginous 28 235.3 +0.1 +8.8 +19.1
Horticultural products 51 103.6 +2.1 +2.9 –1.0
Other crop products 43 115.1 +5.0 +9.1 +3.9
Fruits and vegetables (1) 122 122.9 /// /// +14.4
Fresh vegetables 61 120.0 /// /// +16.4
Fresh fruits 39 135.3 /// /// +16.2
Animal output 461 128.4 +1.9 +2.5 +5.9
Animals 286 131.2 +2.8 +7.6 +14.0
of which large cattle 108 126.0 –0.4 +3.4 +16.3
calves 29 117.6 –0.3 –0.6 –0.7
pigs 64 139.2 +10.8 +22.2 +31.1
sheep 14 121.8 +2.0 +7.7 +6.2
poultry 59 145.9 +3.0 +6.9 +6.7
of which chicken 26 145.7 +3.0 +7.6 +7.0
Milk 159 116.9 0.0 –6.5 –8.5
of which cow milk (2) 148 117.3 0.0 –7.0 –9.0
Eggs 13 208.2 +2.0 –1.5 +18.8

Purchase price of the means of agricultural production increased in September

The price of intermediate consumptions rose over one month (+1.2 %) mainly as a result of higher prices for animal feeding stuffs. Year-over-year, it went up by 4.7 %, due to those same products and energy too. On the other hand, price of investment slightly decreased (–0.3%).

Purchase price of the means of agricultural production

Purchase price of the means of agricultural production
Indices of purchase prices of the means of agricultural production (IPAMPA)
Base year 2005
(1) The repayment of 5 cents per litre of fuel of the domestic tax on energetical products (TICPE) benefiting farmers has been applied in advance for the year 2012
Sources : Insee - SSP (ministry of agriculture)
weights September 2012 Variation as % over
a month
Total input 1000 133.0 +0.9 +3.4 +4.7
Goods and services currently consumed in agriculture 758 137.2 +1.2 +4.4 +5.9
Energy (1) 84 155.7 0.0 +9.6 +9.7
Seeds 51 117.7 +0.9 +0.5 +2.2
Fertilisers and soil improvers 92 167.0 +0.5 +1.5 +2.3
Plant protection products 77 106.7 –0.3 0.0 +0.1
Animal feeding stuffs 189 159.9 +4.3 +10.9 +14.2
Veterinary expenses 38 118.2 +0.2 +0.4 +2.8
Small equipment and tools 14 111.9 –0.3 0.0 –0.5
Maintenance of materials 56 130.4 0.0 +0.7 +3.6
Maintenance of buildings 9 124.0 0.0 –0.2 +1.9
Other goods and services 149 112.5 –0.8 –0.4 +0.3
Goods and services contributing to investment 242 120.0 –0.3 0.0 +1.2
Material 170 117.2 –0.3 +0.2 +1.3
Tractors 71 114.0 –0.3 +0.2 +1.0
Machinery and plant for cultivation 36 119.7 0.0 +0.2 +1.3
Machinery and plant for harvesting 37 116.6 –1.9 –0.6 +0.5
Utility vehicles 16 113.6 –0.2 –0.4 +1.5
Buildings 72 126.7 –0.2 –0.5 +0.9

Informations Rapides

n° 273 - October 31, 2012

Indices des prix agricoles - September 2012

Next issue 31 mai 2013 - avril 2013.

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