Informations rapides
28 February 2020
2020- n° 59
In January 2020, agricultural producer prices were stable year on year Indices of agricultural prices - January 2020

In January 2020, agricultural producer prices were stable year on year. Excluding fruit and vegetables, they rose by 0.3% over one month and by 0.3% year on year.

Informations rapides
No 59
Paru le :Paru le28/02/2020
Prochaine parution le : 29/08/2025 at 12:00 - July 2025
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In January 2020, agricultural producer prices were stable year on year. Excluding fruit and vegetables, they rose by 0.3% over one month and by 0.3% year on year.

Increase in cereal prices over one month

In January 2020, cereal prices sped up (+4.1% over one month after +1.6% in December 2019) in the wake of soft wheat prices (+5.5% over one month after +2.0% in December) and maize prices (+2.4% over one month after +1.6% in December). However, year on year, cereal prices were still on a downward trend (-6.8% in January after -11.0% in December).

Oilseed prices slowed down: +1.3% over one month after +2.9% in December, whether for rapeseed (+1.1% after +2.3% in December) or sunflower (+2.0% after +6.5%). Conversely, soybean prices sped up (+1.9% after +0.3% in December) in connection with the progress of trade negotiations between the United States and China. Year on year, oilseed prices rose sharply (+11.3%).

Producer prices of cereals

Producer 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
2019-04 103.4
2019-05 100.8
2019-06 101.9
2019-07 99.7
2019-08 96.7
2019-09 95.1
2019-10 99.9
2019-11 101.0
2019-12 102.5
2020-01 106.5

Producer prices of cereals

  • Source: INSEE.

Decrease in fresh fruit and fresh vegetables year on year

Year on year, fresh fruit prices fell by 0.5% in January 2020, in connection with the decline of some seasonal fruits prices: nuts (-4.9%) and apples (-1.7%). Year on year, fresh vegetables prices fell by 7.3%. Carrots prices fell by 6.7%, salads prices by 16.8% and leeks prices by 20.9%, whereas endives prices increased by 22.0%.

Producer prices of fresh vegetables

Producer 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
2019-04 117.7
2019-05 99.8
2019-06 124.2
2019-07 117.6
2019-08 108.1
2019-09 113.8
2019-10 103.9
2019-11 132.2
2019-12 131.2
2020-01 136.7

Producer prices of fresh vegetables

  • Source: SSP (ministry in charge of agriculture).

Increase in pig prices remained strong year on year

In January 2020, animal prices fell back (-1.0% over one month after +0.2%) due to the first decline in pig prices since February 2019 (-4.5% after +1.2% in December). Year on year, prices remained very dynamic (+29.1%) due to the large Chinese demand in the context of the swine fever epidemic. In addition, cattle prices were almost stable in January (-0.1% as in December) and continued to fall year on year (-1.9% after -1.3% in December).

Producer prices of pigs and large cattle

Producer 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 98.3 98.0
2015-02 98.1 98.3
2015-03 98.5 101.3
2015-04 98.6 99.8
2015-05 99.1 100.4
2015-06 100.3 99.7
2015-07 102.1 100.0
2015-08 102.3 103.2
2015-09 102.3 101.9
2015-10 101.7 102.8
2015-11 100.1 99.2
2015-12 98.4 94.7
2016-01 97.6 97.0
2016-02 96.8 96.1
2016-03 96.6 92.9
2016-04 95.3 90.2
2016-05 94.1 96.6
2016-06 93.8 102.5
2016-07 93.3 106.2
2016-08 92.6 106.3
2016-09 91.9 110.5
2016-10 93.0 111.9
2016-11 94.8 111.1
2016-12 96.6 113.9
2017-01 96.7 115.9
2017-02 97.2 117.2
2017-03 97.3 116.5
2017-04 98.5 119.3
2017-05 98.7 117.5
2017-06 98.9 111.7
2017-07 97.6 108.7
2017-08 97.9 105.1
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 96.8 98.7
2018-02 96.5 100.0
2018-03 97.9 100.4
2018-04 97.8 96.7
2018-05 98.8 95.3
2018-06 98.9 93.5
2018-07 100.1 92.5
2018-08 99.8 92.9
2018-09 99.7 95.5
2018-10 98.5 96.9
2018-11 96.3 99.3
2018-12 96.5 100.9
2019-01 96.9 102.9
2019-02 98.0 101.7
2019-03 98.6 104.6
2019-04 99.0 108.8
2019-05 99.6 114.2
2019-06 99.7 115.1
2019-07 98.9 115.4
2019-08 98.3 117.1
2019-09 98.2 125.3
2019-10 96.3 133.1
2019-11 95.3 137.5
2019-12 95.2 139.1
2020-01 95.1 132.8

Producer prices of pigs and large cattle

  • Source: INSEE.

Increase in egg and milk prices year on year

In January 2020, egg prices fell back over one month (-2.2% after +1.7%) and decelerated year on year (+1.4% after +2.0%) due to limited domestic demand. The price of cow's milk fell back by 0.9% (after +0.6% in December). Year on year, it increased by 1.3% (after +1.8% in December).

Index of producer prices of agricultural products (IPPAP)

Seasonnaly adjusted - base and reference 100 in 2015
Index of producer prices of agricultural products (IPPAP) (Seasonnaly adjusted - base and reference 100 in 2015)
Variation as % over
Weights Jan. 2020 a month 3 months a year
Agricultural goods output 1000 109.6 /// /// 0.0
excluding fruits and vegetables 906 108.6 +0.3 +1.4 +0.3
Crop output (excluding fruits and vegetables) 489 110.6 +1.5 +3.1 -2.1
Cereals 152 106.6 +4.1 +6.9 -6.8
of which soft wheat 90 111.8 +5.5 +9.8 -5.3
grain maize 27 108.1 +2.4 +3.9 -5.3
Potatoes 29 191.6 /// /// +0.4
Wines 200 105.7 +0.1 +2.1 -1.2
PDO wines 112 108.2 +0.2 +3.2 -2.8
other wines 25 96.5 0.0 +2.7 +3.5
Oleaginous 40 105.8 +1.3 +5.8 +11.3
Horticultural products 35 106.9 +1.1 +2.1 -2.2
Other crop products 33 98.9 +0.1 -2.8 -3.8
Fruit and vegetables (1) 94 121.7 /// /// -3.6
Fresh vegetables 45 136.7 /// /// -7.3
Fresh fruit 32 112.9 /// /// -0.5
Animal output 417 106.3 -1.0 -0.5 +3.5
Animals 255 104.1 -1.0 -0.3 +5.2
of which large cattle 112 95.1 -0.1 -1.2 -1.9
calves 20 98.1 -0.1 +1.6 +1.2
pigs 49 132.8 -4.5 -0.2 +29.1
sheep 14 105.0 +3.8 +8.2 +8.4
poultry 57 99.0 0.0 -0.9 -1.5
of which chicken 39 98.9 +0.2 -1.0 -1.4
Milk 146 109.5 -0.9 -0.4 +1.2
of which cow milk 135 110.2 -0.9 -0.4 +1.3
Eggs 16 111.6 -2.2 -4.3 +1.4
  • /// Absence of meaning due to the nature of these series
  • (1) Including vegetables for industry.
  • Sources : Insee. SSP (ministry in charge of agriculture)

Prices of the means of production stabilised

In January 2020, the purchase prices for intermediate consumption stabilised over one month (-0.1% after +0.2% in December). They fell in the wake of new declines in prices of fertilisers and soil improvers (-0.6% over one month after -1.4%), crop protection products (-0.3% after -1.0%), as well as by the fall back in energy prices (-0.5% after +2.6%). Conversely, animal feed prices still rose slightly (+0.2% as in December). Year on year, intermediate consumer prices fell again in January (-0.5% after -0.7%).

Prices for investment goods and services rose slightly over one month (+0.2% as in December) and sped up slightly year on year (+1.0% after +0.7%).

Purchase prices of the means of agricultural production

Purchase 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
2018-07 102.2
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
2019-03 104.4
2019-04 104.6
2019-05 104.4
2019-06 103.8
2019-07 103.7
2019-08 103.3
2019-09 103.6
2019-10 103.5
2019-11 103.3
2019-12 103.5
2020-01 103.5

Purchase prices of the means of agricultural production

  • Sources: INSEE, SSP (ministry in charge of agriculture).

Indices of purchase prices of the means of agricultural production (IPAMPA)

Raw data - base and reference 100 in 2015
Indices of purchase prices of the means of agricultural production (IPAMPA) (Raw data - base and reference 100 in 2015)
Variation as % over
Weights Jan. 2020 a month 3 months a year
Total input 1000 103.5 0.0 0.0 -0.1
Intermediate consumptions 760 101.8 -0.1 -0.1 -0.5
Energy (1) 93 119.0 -0.5 2.1 7.3
Seeds 56 97.6 0.2 0.3 0.7
Fertilisers and soil improvers 107 90.3 -0.6 -2.5 -6.8
Plant protection products 84 92.1 -0.3 -3.3 -3.9
Animal feed 214 99.4 0.2 0.4 -2.7
Veterinary expenses 37 110.9 0.3 0.7 2.4
Small equipment and tools 11 101.4 -2.9 0.7 -0.2
Maintenance of materials 88 109.8 0.8 1.1 3.1
Maintenance of buildings 9 107.8 0.0 0.2 1.5
Other goods and services 61 104.2 0.0 0.0 1.4
Goods and services contributing to investment 240 108.8 0.2 0.1 1.0
Material 168 109.1 0.2 0.3 1.8
Tractors 71 112.3 0.2 0.2 1.5
Machinery and equipment for cultivation 33 108.2 0.8 0.7 3.4
Machinery and equipment for harvesting 38 107.4 0.0 0.3 0.8
Utility vehicles 16 102.9 -0.1 0.9 2.1
Buildings 72 108.0 0.0 -0.5 -0.7
  • (1) The repayment of the domestic tax on energy product (TICPE) benefiting farmers has been applied in advance for the year 2020.
  • Sources : Insee. SSP (ministry in charge of agriculture)

Revision

The year-on-year variation of Agricultural price indices in December 2019 has been revised downwards by 0.1 points to −0.4%. The year-on-year variation of the purchase prices of the means of agricultural production has been revised downwards by 0.1 points to −0.3% in December.

To know more about French agricultural price indices

The indice of producer prices for agricultural products (IPPAP) measures the changes in product 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 on year. If needed, indices are seasonally adjusted.

The indice of purchase prices of the means of agricultural production (IPAMPA) reflects the evolution prices of goods and services used in the agricultural process. It is not seasonaly adjusted.

The methodology can be found via the links thereafter for IPPAP: https://www.insee.fr/en/metadonnees/source/indicateur/p1657/description

and IPAMPA: https://www.insee.fr/en/metadonnees/source/indicateur/p1652/description

Next issue: 31 March 2020 at 12:00

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Agricultural means of production purchasing price index

Agricultural producer price index

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