Informations rapides
30 April 2020
2020- n° 115
In March 2020, agricultural producer prices increased by 1.2% year on year Indices of agricultural prices - March 2020

In March 2020, agricultural producer prices increased by 1.2% year on year. Excluding fruit and vegetables, they diminished by 0.5% over one month and were up by 0.3% year on year.

Informations rapides
No 115
Paru le :Paru le30/04/2020
Prochaine parution le : 29/08/2025 at 12:00 - July 2025
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Due to the population lockdown in effect since 17 March, response rates to the surveys used to compile the agricultural price indices are lower than usual; as a result, the indices published in this issue of Informations Rapides could be subject to larger than usual revisions.

In March 2020, agricultural producer prices increased by 1.2% year on year. Excluding fruit and vegetables, they diminished by 0.5% over one month and were up by 0.3% year on year.

Cereal and oilseed prices fall further in March

Cereal prices went down for the second consecutive month in March (–1.9% after -0.9%), mainly due to lower prices in soft wheat (–2.8% after –1.4%) and maize (–2.0% after –1.9%). Year on year, cereal prices were almost stable (–0.1% after –2.1% in February). The fall in oilseed prices accelerated in March (–6.1% after –3.9% in one month), in the wake of the fall in oil prices. This fall mainly concerned rapeseed prices (–7.1% after –2.9%) and, to a lesser extent, soybean (–2.7%) and sunflower (–2.0%) prices. Year on year, oilseed prices slowed down (+3.1% after +8.2%).

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
2020-02 105.3
2020-03 103.0

Producer prices of cereals

  • Source: INSEE.

Fresh vegetable prices bounced back sharply year on year

Year on year, fresh vegetable prices rebounded strongly in March (+21.1% after –10.9%) due to sharp increases in the prices of salads, cucumbers and endives. In March, fresh fruit prices rose again slightly year on year (+0.8% after +1.1%), as price increases in apples and pears were partly offset by the sharp drop in strawberry prices.

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
2020-02 118.2
2020-03 147.6

Producer prices of fresh vegetables

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

Year on year, pig prices continued to rise sharply and cattle prices were still down

In March 2020, animal prices rebounded (+0.5% after –1.1%), mainly due to a recovery in pig prices (+1.5% after –4.9%). They still rose sharply year on year (+21.4% after +23.0%). Cattle prices rose slightly in March (+0.5%) but remained down year on year (–2.9% as in February).

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 95.1 131.5
2020-02 95.2 125.1
2020-03 95.7 127.0

Producer prices of pigs and large cattle

  • Source: INSEE.

year on year, milk prices fell and egg prices were stable

In March, milk price fell both over one month (–2.5% after +0.2% in February) and year on year (–2.5% after +1.8%). Egg prices fell by 6.1% in March and were stable year on year.

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 Mar. 2020 a month 3 months a year
Agricultural goods output 1000 108.7 /// /// 1.2
excluding fruits and vegetables 906 107.1 -0.5 -1.1 0.3
Crop output (excluding fruits and vegetables) 489 108.9 -0.2 -0.1 -0.2
Cereals 152 103.6 -1.9 1.2 0,0
of which soft wheat 90 107.1 -2.8 1,0 0.1
grain maize 27 103.9 -2,0 -1.6 -0.9
Potatoes 29 187.5 /// /// -5.4
Wines 200 107.5 3.3 1.8 1.1
PDO wines 112 110.1 3.9 1.9 0.3
other wines 25 102.1 8.8 5.8 7.6
Oleaginous 40 95.5 -6.1 -8.5 3.1
Horticultural products 35 103.1 -2.8 -2.5 0.9
Other crop products 33 97.8 -1.1 -1,0 -4.2
Fruit and vegetables (1) 94 127.6 /// /// 10.6
Fresh vegetables 45 147.6 /// /// 21.1
Fresh fruit 32 113.2 /// /// 0.8
Animal output 417 104.9 -0.9 -2.3 0.9
Animals 255 103.3 0.5 -1.8 3.1
of which large cattle 112 95.7 0.5 0.5 -2.9
calves 20 97.3 0.1 -0.9 3.1
pigs 49 127,0 1.5 -8.7 21.4
sheep 14 104.9 -2.9 3.7 5.7
poultry 57 99.3 0.1 0.3 -2.3
of which chicken 39 99.1 0.1 0.4 -2.4
Milk 146 107.9 -2.5 -2.4 -2.5
of which cow milk 135 108.3 -2.7 -2.6 -2.8
Eggs 16 103.7 -6.1 -9.1 0,0
  • /// Absence of meaning due to the nature of these series
  • (1) Including vegetables for industry.
  • Sources : Insee. SSP (ministry in charge of agriculture)

Large decrease in the price of the means of production

In March 2020, purchase prices for intermediate consumption fell sharply (–1.3% after –0.4% in February) in the wake of the fall in energy prices (–11.3% over one month), especially prices of refined petroleum products. Conversely, crop protection products prices accelerated (+1.3% after +0.5%) and animal feed prices remained dynamic (+0.7% after +0.6%). Year on year, the fall in intermediate consumer prices accelerated (–3.0% after –1.5%).

Prices for investment goods and services fell over one month (–0.3% after +0.6%) and decelerated year on year (+0.9% after +1.5%).

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
2020-02 103.3
2020-03 102.4

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 Mar. 2020 a month 3 months a year
Total input 1000 102.4 -0.9 -1.1 -1.9
Intermediate consumptions 760 100.1 -1.3 -1.8 -3,0
Energy (1) 93 100.4 -11.3 -16.1 -13.9
Seeds 56 97.9 0.5 0.5 0.5
Fertilisers and soil improvers 107 89.9 -0.1 -1,0 -6.5
Plant protection products 84 93.5 1.3 1.2 -3,0
Animal feed 214 100.7 0.7 1.5 -1.6
Veterinary expenses 37 111.3 0.3 0.6 2.1
Small equipment and tools 11 101.9 -0.3 -2.4 0.4
Maintenance of materials 88 110.2 0.1 1.2 2.7
Maintenance of buildings 9 108.1 0,0 0,0 1.5
Other goods and services 61 104.2 0,0 0,0 1.4
Goods and services contributing to investment 240 109.3 -0.3 0.6 0.9
Material 168 109.7 -0.4 0.6 1.7
Tractors 71 113.8 -0.3 1.3 2.3
Machinery and equipment for cultivation 33 107.4 -0.6 0.1 1.1
Machinery and equipment for harvesting 38 107.6 -0.4 0.2 0.9
Utility vehicles 16 102.9 0,0 0,0 1.6
Buildings 72 108.5 0,0 0.6 -0.6
  • (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 in Agricultural price indices in February 2020 has been revised by +0.2 points and was stable. The year-on-year variation of the purchase prices of the means of agricultural production was unchanged in February 2020: it decreased by 0.8% year on year.

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: 29 May 2020 - 12:00

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Agricultural means of production purchasing price index

Agricultural producer price index

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