30 April 2019
2019In March 2019, agricultural prices increased by 2.2% over one year Indices of agricultural prices - March 2019
In March 2019, agricultural producer prices slowed again over one year (+2.2% after +4.3% in February and +6.0% in January). Excluding fruit and vegetables, they were up by 2.5% over one year and down by 1.3% over one month.
- Continuation of cereal prices decline
- Lower prices for fresh fruits and higher prices for vegetables over one year
- Animal prices nearly even over a month
- Decline over one year for egg prices, increase for milk
- Slight rise of the purchase prices of the means of production over a month
- Revision
- To know more about French indices of agricultural prices
In March 2019, agricultural producer prices slowed again over one year (+2.2% after +4.3% in February and +6.0% in January). Excluding fruit and vegetables, they were up by 2.5% over one year and down by 1.3% over one month.
Continuation of cereal prices decline
In March 2019, cereal prices decreased by 4.0% over one month, after −5.8% in February. They slowed down over one year to +10.2% after +17.3% in February. Soft wheat prices fell by 4.6% over one month. Prospects of strong harvest went on weighting on prices. Grain maize prices slipped by 3.9%, due to strong international competition, especially from Ukraine. Oilseed prices weakened again to −1.5% over one month after −1.2% in February. Rapeseed prices were down by 2.1%, following the trend in nothern america oilseeds (US soybeans, Canadian canola) and Malaysian palm oil.
tableauProducer prices of cereals
| Producer prices of cereals | |
|---|---|
| 2014-01 | 108.3 |
| 2014-02 | 108.1 |
| 2014-03 | 114.6 |
| 2014-04 | 114.9 |
| 2014-05 | 107.6 |
| 2014-06 | 104.1 |
| 2014-07 | 102.7 |
| 2014-08 | 98.9 |
| 2014-09 | 90.3 |
| 2014-10 | 95.1 |
| 2014-11 | 102.1 |
| 2014-12 | 108.0 |
| 2015-01 | 108.1 |
| 2015-02 | 102.6 |
| 2015-03 | 102.5 |
| 2015-04 | 100.6 |
| 2015-05 | 92.9 |
| 2015-06 | 98.5 |
| 2015-07 | 109.0 |
| 2015-08 | 97.8 |
| 2015-09 | 92.7 |
| 2015-10 | 98.2 |
| 2015-11 | 100.1 |
| 2015-12 | 97.0 |
| 2016-01 | 89.6 |
| 2016-02 | 85.3 |
| 2016-03 | 83.6 |
| 2016-04 | 84.7 |
| 2016-05 | 86.8 |
| 2016-06 | 91.1 |
| 2016-07 | 94.8 |
| 2016-08 | 95.5 |
| 2016-09 | 92.7 |
| 2016-10 | 94.7 |
| 2016-11 | 96.8 |
| 2016-12 | 96.1 |
| 2017-01 | 98.6 |
| 2017-02 | 99.3 |
| 2017-03 | 96.8 |
| 2017-04 | 94.1 |
| 2017-05 | 93.1 |
| 2017-06 | 95.7 |
| 2017-07 | 96.7 |
| 2017-08 | 92.7 |
| 2017-09 | 92.5 |
| 2017-10 | 92.5 |
| 2017-11 | 92.4 |
| 2017-12 | 91.3 |
| 2018-01 | 90.5 |
| 2018-02 | 91.7 |
| 2018-03 | 93.5 |
| 2018-04 | 93.9 |
| 2018-05 | 97.3 |
| 2018-06 | 100.9 |
| 2018-07 | 109.1 |
| 2018-08 | 120.6 |
| 2018-09 | 114.7 |
| 2018-10 | 114.0 |
| 2018-11 | 114.1 |
| 2018-12 | 115.2 |
| 2019-01 | 114.3 |
| 2019-02 | 107.6 |
| 2019-03 | 103.1 |
graphiqueProducer prices of cereals
- Source: INSEE.
Lower prices for fresh fruits and higher prices for vegetables over one year
In March 2019, fresh fruit prices fell sharply over one year (−10.2% after −8.5% in February). Prices dropped for apples (−9.2% over one year) and pears (−6.6%) and also for last kiwifruits (−15.7%) and first strawberries (−13.3%). Prices for fresh vegetables increased by 3.7% over one year. Higher prices for carrots (+19.9%), shallots (+404.3%) and onions (+122.8%) were partially offset by lower endive prices (−12,7%) and cauliflower (−51.4%).
tableauProducer prices of fresh vegetables
| Monthly agricultural producer price indices (IPPAP) - Fresh vegetables | |
|---|---|
| 2016-01 | 96.3 |
| 2016-02 | 94.2 |
| 2016-03 | 128.4 |
| 2016-04 | 114.9 |
| 2016-05 | 101.0 |
| 2016-06 | 102.3 |
| 2016-07 | 116.7 |
| 2016-08 | 101.6 |
| 2016-09 | 97.2 |
| 2016-10 | 110.1 |
| 2016-11 | 119.0 |
| 2016-12 | 113.3 |
| 2017-01 | 132.4 |
| 2017-02 | 133.5 |
| 2017-03 | 107.4 |
| 2017-04 | 111.2 |
| 2017-05 | 97.9 |
| 2017-06 | 102.8 |
| 2017-07 | 85.8 |
| 2017-08 | 94.1 |
| 2017-09 | 100.9 |
| 2017-10 | 97.9 |
| 2017-11 | 98.4 |
| 2017-12 | 97.6 |
| 2018-01 | 101.6 |
| 2018-02 | 102.8 |
| 2018-03 | 117.6 |
| 2018-04 | 109.5 |
| 2018-05 | 103.5 |
| 2018-06 | 102.4 |
| 2018-07 | 97.4 |
| 2018-08 | 103.6 |
| 2018-09 | 119.9 |
| 2018-10 | 112.8 |
| 2018-11 | 132.5 |
| 2018-12 | 138.0 |
| 2019-01 | 147.5 |
| 2019-02 | 132.7 |
| 2019-03 | 121.9 |
graphiqueProducer prices of fresh vegetables
- Source: SSP (ministry in charge of agriculture).
Animal prices nearly even over a month
In March 2019, animal prices were almost stable for the second month in a row (−0.1% over one month after + 0.1% in February). Cattle prices fell back over one month (−0.9% after +0.7% in February) while those of pigs rebounded (+2.2% over one month after −2.5% in February). During the month of March, export demand increased sharply due to the swine flu epidemic in China.
tableauProducer prices of pigs and large cattle
| Large cattle | Pigs | |
|---|---|---|
| 2014-01 | 104.6 | 116.8 |
| 2014-02 | 104.4 | 109.2 |
| 2014-03 | 103.8 | 107.2 |
| 2014-04 | 103.8 | 119.1 |
| 2014-05 | 103.1 | 118.8 |
| 2014-06 | 101.4 | 113.6 |
| 2014-07 | 100.5 | 111.0 |
| 2014-08 | 100.2 | 106.0 |
| 2014-09 | 99.9 | 97.9 |
| 2014-10 | 98.4 | 96.6 |
| 2014-11 | 96.9 | 99.8 |
| 2014-12 | 98.1 | 98.7 |
| 2015-01 | 98.1 | 98.0 |
| 2015-02 | 98.0 | 98.3 |
| 2015-03 | 98.6 | 101.3 |
| 2015-04 | 98.7 | 99.8 |
| 2015-05 | 99.3 | 100.4 |
| 2015-06 | 100.5 | 99.7 |
| 2015-07 | 102.2 | 100.0 |
| 2015-08 | 102.4 | 103.2 |
| 2015-09 | 102.3 | 101.9 |
| 2015-10 | 101.6 | 102.8 |
| 2015-11 | 99.8 | 99.2 |
| 2015-12 | 98.1 | 94.7 |
| 2016-01 | 97.4 | 97.0 |
| 2016-02 | 96.7 | 96.1 |
| 2016-03 | 96.7 | 92.9 |
| 2016-04 | 95.4 | 90.2 |
| 2016-05 | 94.2 | 96.6 |
| 2016-06 | 94.0 | 102.5 |
| 2016-07 | 93.4 | 106.2 |
| 2016-08 | 92.7 | 106.3 |
| 2016-09 | 91.9 | 110.5 |
| 2016-10 | 93.0 | 111.9 |
| 2016-11 | 94.6 | 111.1 |
| 2016-12 | 96.3 | 113.9 |
| 2017-01 | 96.5 | 115.9 |
| 2017-02 | 97.1 | 117.2 |
| 2017-03 | 97.4 | 116.5 |
| 2017-04 | 98.7 | 119.3 |
| 2017-05 | 98.8 | 117.5 |
| 2017-06 | 99.1 | 111.7 |
| 2017-07 | 97.7 | 108.7 |
| 2017-08 | 98.0 | 105.1 |
| 2017-09 | 99.6 | 99.4 |
| 2017-10 | 100.7 | 99.9 |
| 2017-11 | 100.4 | 102.3 |
| 2017-12 | 99.9 | 103.0 |
| 2018-01 | 98.4 | 99.0 |
| 2018-02 | 97.8 | 98.9 |
| 2018-03 | 97.8 | 101.1 |
| 2018-04 | 97.5 | 95.1 |
| 2018-05 | 97.9 | 95.3 |
| 2018-06 | 97.9 | 93.1 |
| 2018-07 | 98.5 | 91.5 |
| 2018-08 | 98.2 | 93.2 |
| 2018-09 | 98.8 | 95.4 |
| 2018-10 | 98.6 | 98.1 |
| 2018-11 | 97.7 | 100.5 |
| 2018-12 | 98.4 | 101.6 |
| 2019-01 | 98.6 | 103.4 |
| 2019-02 | 99.3 | 100.8 |
| 2019-03 | 98.4 | 103.0 |
graphiqueProducer prices of pigs and large cattle
- Source: INSEE.
Decline over one year for egg prices, increase for milk
In March 2019, egg prices fell by 20.5% over one month, following a rise of +3.2% in February. This accentuated their decline over one year (−36.9% after −26.2% in February), mainly due to the high level of prices observed in late 2017 and early 2018 following the fipronil crisis. The price of cow's milk was up by 2.3% over one year in February 2019 after +1.8% in January.
tableauIndex of producer prices of agricultural products (IPPAP)
| Variation as % over | |||||
|---|---|---|---|---|---|
| Weights | March 2019 | a month | 3 months | a year | |
| Agricultural goods output | 1000 | 106.2 | /// | /// | +2.2 |
| excluding fruits and vegetables | 906 | 105.9 | -1.3 | -2.6 | +2.5 |
| Crop output (excluding fruits and vegetables) | 489 | 109.1 | -1.6 | -4.0 | +5.1 |
| Cereals | 152 | 103.5 | -4.0 | -10.1 | +10.2 |
| of which soft wheat | 90 | 107.0 | -4.6 | -9.6 | +15.7 |
| grain maize | 27 | 104.8 | -3.9 | -7.1 | +4.8 |
| Potatoes | 29 | 197.7 | /// | /// | +68.1 |
| Wines | 200 | 105.2 | -0.1 | -3.4 | -6.2 |
| PDO wines | 112 | 109.5 | +0.4 | -4.5 | -9.3 |
| other wines | 25 | 89.8 | -2.6 | -6.6 | -6.1 |
| Oleaginous | 40 | 92.6 | -1.5 | -2.5 | +3.5 |
| Horticultural products | 35 | 101.7 | -5.7 | -1.8 | -3.1 |
| Other crop products | 33 | 110.3 | -0.2 | +0.6 | +8.5 |
| Fruits and vegetables (1) | 94 | 108.9 | /// | /// | -2.0 |
| Fresh vegetables | 45 | 121.9 | /// | /// | +3.7 |
| Fresh fruits | 32 | 112.5 | /// | /// | -10.2 |
| Animal output | 417 | 102.3 | -0.9 | -0.4 | -0.5 |
| Animals | 255 | 99.9 | -0.1 | +0.4 | +1.0 |
| of which large cattle | 112 | 98.4 | -0.9 | 0.0 | +0.6 |
| calves | 20 | 94.4 | -2.4 | -3.9 | -6.5 |
| pigs | 49 | 103.0 | +2.2 | +1.4 | +1.9 |
| sheep | 14 | 99.3 | +1.2 | +1.7 | -3.5 |
| poultry | 57 | 101.6 | +0.1 | +1.4 | +4.5 |
| of which chicken | 39 | 101.5 | 0.0 | +1.4 | +4.6 |
| Milk | 146 | 107.7 | /// | +0.3 | +2.4 |
| of which cow milk (2) | 135 | 108.2 | /// | +0.3 | +2.6 |
| Eggs | 16 | 90.4 | -20.5 | -18.6 | -36.9 |
- /// Absence of meaning due to the nature of these series
- (1) Including vegetables for industry.
- (2)The February value of cow milk price index is the estimate of the March one. The previous month variation is the one commented in the text: +2,3% over one year in February 2019.
- Sources : Insee, SSP (ministry in charge of agriculture)
Slight rise of the purchase prices of the means of production over a month
In March 2019, intermediate consumption purchase prices went up by 0.2% after +0.6% in February. Energy prices slowed down: +1.1% over one month after +4.0% in February. Animal feed prices were virtually stable over one month (−0.1%). Those of fertilizers and amendments were down by 0.5%. They remained dynamic over one year: +6.8% for animal feed and +9.3% for fertilizers and amendments. Overall, prices for intermediate consumption purchase increased prices by 4.2% over one year.
Prices of capital goods were almost stable (+0.1%) over one month and grew by 2.7% over one year.
tableauIndices of purchase prices of the means of agricultural production (IPAMPA)
| Variation as % over | |||||
|---|---|---|---|---|---|
| Weights | March 2019 | a month | 3 months | a year | |
| Total input | 1000 | 104.3 | +0.2 | +0.5 | +3.9 |
| Intermediate consumptions | 760 | 103.1 | +0.2 | +0.6 | +4.2 |
| Energy (1) | 93 | 116.6 | +1.1 | +2.9 | +7.0 |
| Seeds | 56 | 97.4 | +0.3 | +0.2 | +0.4 |
| Fertilisers and soil improvers | 107 | 96.3 | -0.5 | -0.4 | +9.3 |
| Plant protection products | 84 | 96.2 | +0.8 | -1.3 | -2.4 |
| Animal feed | 214 | 102.2 | -0.1 | +0.5 | +6.8 |
| Veterinary expenses | 37 | 108.4 | +0.2 | +0.8 | +1.9 |
| Small equipment and tools | 11 | 101.9 | -0.3 | -0.9 | +0.1 |
| Maintenance of materials | 88 | 107.3 | +0.3 | +1.5 | +2.9 |
| Maintenance of buildings | 9 | 106.2 | 0.0 | +0.2 | +1.8 |
| Other goods and services | 61 | 102.9 | 0.0 | 0.0 | +1.5 |
| Goods and services contributing to investment | 240 | 108.1 | +0.1 | +0.3 | +2.7 |
| Material | 168 | 107.8 | +0.2 | +0.2 | +3.3 |
| Tractors | 71 | 111.2 | +0.3 | -0.6 | +3.8 |
| Machinery and equipment for cultivation | 33 | 106.2 | +0.5 | +1.3 | +2.3 |
| Machinery and equipment for harvesting | 38 | 106.6 | 0.0 | +0.8 | +4.0 |
| Utility vehicles | 16 | 101.1 | +0.1 | +0.1 | +1.8 |
| Buildings | 72 | 108.8 | 0.0 | +0.5 | +1.2 |
- (1) The repayment of the domestic tax on energy product (TICPE) benefiting farmers has been applied in advance for the year 2019.
- Sources : Insee, SSP (ministry in charge of agriculture)
tableauPurchase prices of the means of agricultural production
| Purchase prices of the means of agricultural production | |
|---|---|
| 2014-01 | 102.9 |
| 2014-02 | 103.0 |
| 2014-03 | 103.1 |
| 2014-04 | 103.3 |
| 2014-05 | 103.3 |
| 2014-06 | 103.1 |
| 2014-07 | 102.5 |
| 2014-08 | 102.1 |
| 2014-09 | 101.6 |
| 2014-10 | 101.0 |
| 2014-11 | 100.4 |
| 2014-12 | 99.5 |
| 2015-01 | 99.1 |
| 2015-02 | 100.5 |
| 2015-03 | 100.7 |
| 2015-04 | 101.1 |
| 2015-05 | 101.3 |
| 2015-06 | 100.6 |
| 2015-07 | 100.2 |
| 2015-08 | 99.7 |
| 2015-09 | 99.6 |
| 2015-10 | 99.5 |
| 2015-11 | 99.3 |
| 2015-12 | 98.3 |
| 2016-01 | 97.8 |
| 2016-02 | 97.5 |
| 2016-03 | 97.6 |
| 2016-04 | 97.4 |
| 2016-05 | 97.9 |
| 2016-06 | 97.8 |
| 2016-07 | 97.3 |
| 2016-08 | 96.9 |
| 2016-09 | 97.0 |
| 2016-10 | 97.4 |
| 2016-11 | 97.2 |
| 2016-12 | 98.3 |
| 2017-01 | 98.6 |
| 2017-02 | 99.0 |
| 2017-03 | 98.9 |
| 2017-04 | 99.1 |
| 2017-05 | 98.7 |
| 2017-06 | 98.1 |
| 2017-07 | 97.9 |
| 2017-08 | 98.0 |
| 2017-09 | 98.4 |
| 2017-10 | 98.9 |
| 2017-11 | 99.2 |
| 2017-12 | 99.3 |
| 2018-01 | 100.1 |
| 2018-02 | 100.1 |
| 2018-03 | 100.4 |
| 2018-04 | 101.1 |
| 2018-05 | 102.0 |
| 2018-06 | 101.9 |
| 2018-07 | 102.1 |
| 2018-08 | 102.7 |
| 2018-09 | 103.6 |
| 2018-10 | 104.6 |
| 2018-11 | 104.5 |
| 2018-12 | 103.8 |
| 2019-01 | 103.6 |
| 2019-02 | 104.1 |
| 2019-03 | 104.3 |
graphiquePurchase prices of the means of agricultural production
- Sources: INSEE, SSP (ministry in charge of agriculture).
Revision
February 2019 over one year variations of both IPPAP (+4.3%) and IPAMPA (+4.0%) have not changed.
To know more about French indices of agricultural prices
The index of producer prices for agricultural products (IPPAP) measures the changes in products prices when they are put on the market for the first time. It is published in base and reference 100 in 2015
The weight-coefficients of fresh fruits and vegetables change every month so that they reflect their very seasonal pattern. As a result their variations must only be interpreted year-over-year.
If needed, indices are seasonally adjusted.
The index of purchase prices of the means of agricultural production (IPAMPA) reflects the variations of goods and services used in the agricultural process. It is not seasonaly adjusted.
The methodology can be found via the links hereafter forIPPAP : https://www.insee.fr/en/metadonnees/source/indicateur/p1657/description
and IPAMPA : https://www.insee.fr/en/metadonnees/source/indicateur/p1652/description
Next issue: 29 May 2018 at 12h00.
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Time series : Indices of agricultural prices
