Informations rapides
23 December 2020
2020- n° 339
In November 2020, agricultural producer prices increased by 1.1% year on year Indices of agricultural prices - November 2020

In November 2020, agricultural producer prices increased by 1.1% year on year. Excluding fruit and vegetables, they rose by 0.9% over one month and by 0.5% year on year.

Informations rapides
No 339
Paru le :Paru le23/12/2020
Prochaine parution le : 29/08/2025 at 12:00 - July 2025
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In November 2020, agricultural producer prices increased by 1.1% year on year. Excluding fruit and vegetables, they rose by 0.9% over one month and by 0.5% year on year.

Further rise in cereal prices

In November 2020, cereal prices kept momentum (+4.8% after +6.7% in October). Maize prices increased by 6.6% over one month (after +8.0%), soft wheat prices rose by 3.6% (after +6.4%), due to continued strong international demand and disappointing harvests due to drought, particularly in France, Russia, Argentina and the United States. Year on year, cereal prices accelerated again (+19.1% in November after +14.9% and +13.3%).

Oilseed prices sped up sharply over one month (+7.9% after +2.7%) in connection with increases in rapeseed prices (+6.4% after +1.1%), soybean prices (+9.4% after +9.0%) and sunflower prices (+13.6% after +8.5%). Year on year, oilseed prices also accelerated significantly (+12.1% after +5.5%).

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
2020-04 106.3
2020-05 105.2
2020-06 102.3
2020-07 105.5
2020-08 104.3
2020-09 107.6
2020-10 114.8
2020-11 120.3

Producer prices of cereals

  • Source: INSEE.

Acceleration of fresh fruit prices and slowdown of fresh vegetables prices year on year

Year on year, fresh fruit prices sped up in November 2020 (+19.2% after +11.0% in October), in connection with the rise of some seasonal fruit prices: kiwis (+38.3%) and apples (+17.0%). Conversely, clementine prices fell by 4.0%. Fresh vegetables prices slowed down sharply year on year (+0.9% after +23.6%) as a result of different price trends depending on the product: tomatoes prices i(+22.9%), carrots (+15.9%) and endives (+12.1%) increased largely while prices fell for leeks (–4.2%) and especially for salads (–22.2%).

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
2020-04 176.3
2020-05 118.9
2020-06 117.8
2020-07 106.4
2020-08 118.8
2020-09 117.7
2020-10 128.4
2020-11 133.4

Producer prices of fresh vegetables

  • Source: SSP (ministry in charge of agriculture)

A more pronounced decline in animal prices year on year

Animal prices decreased in November 2020 (–0.5% after +1.4% over one month), driven down by pig prices (–0.4% after +5.3%) and large cattle prices (–1.0% after –0.4%). Year on year, the decline in animal prices intensified in November (–3.8% after –2.8%): the fall in pig prices continued at a high pace (–20.1% after –17.2%), while large cattle prices increased slightly (+1.6% as in October).

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
2020-04 94.4 117.2
2020-05 96.3 109.2
2020-06 98.5 102.9
2020-07 99.0 100.7
2020-08 98.6 99.8
2020-09 98.2 104.7
2020-10 97.8 110.2
2020-11 96.8 109.8

Producer prices of pigs and large cattle

  • Source: INSEE.

Falling egg prices and limited decline in milk prices year on year

In November 2020, egg prices fell again sharply (–7.0% after –24.3%) and accentuated their year-on-year decline (–31.8% after –29.4%). The price of cow's milk dropped year on year (–0.9% after –1.0% in October).

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 Nov. 2020 a month 3 months a year
Agricultural goods output 1000 110.2 /// /// 1.1
excluding fruits and vegetables 906 108.6 0.9 2.5 0.5
Crop output (excluding fruits and vegetables) 489 113.4 2.1 4.6 4.0
Cereals 152 120.1 4.8 15.7 19.1
of which soft wheat 90 122.5 3.6 14.0 17.9
grain maize 27 125.1 6.6 19.1 20.4
Potatoes 29 200.7 /// /// 0.2
Wines 200 99.6 -1.3 -3.1 -5.4
PDO wines 112 97.5 -1.5 -4.2 -9.0
other wines 25 93.0 -3.3 -5.7 -4.9
Oleaginous 40 113.8 7.9 14.7 12.1
Horticultural products 35 107.2 0.5 2.1 -1.2
Other crop products 33 97.3 0.5 0.7 -3.9
Fruit and vegetables (1) 94 126.6 /// /// 6.7
Fresh vegetables 45 133.4 /// /// 0.9
Fresh fruit 32 129.0 /// /// 19.2
Animal output 417 102.9 -0.5 -0.2 -3.8
Animals 255 101.0 -0.5 1.6 -3.8
of which large cattle 112 96.8 -1.0 -1.8 1.6
calves 20 99.2 1.7 9.4 0.6
pigs 49 109.8 -0.4 10.0 -20.1
sheep 14 109.3 0.1 2.0 10.0
poultry 57 99.9 -0.2 -1.1 0.4
of which chicken 39 99.4 -0.1 -1.7 0.2
Milk 146 109.2 0.0 0.6 -0.6
of which cow milk 135 109.5 0.0 0.7 -0.9
Eggs 16 76.5 -7.0 -31.6 -31.8
  • /// Absence of meaning due to the nature of these series
  • (1) Including vegetables for industry.
  • Sources : Insee, SSP (ministry in charge of agriculture)

Increase in input purchase prices for the second month in a row

In November 2020, the purchase prices for intermediate consumption rose over one month (+0.7% after +0.5% in October) driven by an acceleration in energy prices (+2.1% after +1.2%) and animal feed prices (+1.6% after +0.9%). Increase in prices of fertilisers and soil improvers was moderate (+0.2% as in October), while prices of plant protection products declined (–0.4% after +0.1%). Year on year, intermediate consumer prices continued to decrease in November (–1.4% after –2.3%).

Prices of investment goods and services were almost stable over one month (+0.1% after +0.6%) and accelerated slightly year on year (+1.2% after +0.8%).

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
2019-09 103.7
2019-10 103.6
2019-11 103.3
2019-12 103.5
2020-01 103.6
2020-02 103.4
2020-03 102.3
2020-04 101.7
2020-05 101.7
2020-06 101.8
2020-07 101.8
2020-08 101.8
2020-09 101.5
2020-10 102.0
2020-11 102.5

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 Nov. 2020 a month 3 months a year
Total input 1000 102.5 0.5 0.7 -0.8
Intermediate consumptions 760 100.3 0.7 0.8 -1.4
Energy (1) 93 96.9 2.1 -0.5 -16.9
Seeds 56 97.2 0.1 0.2 -0.3
Fertilisers and soil improvers 107 86.3 0.2 0.0 -6.3
Plant protection products 84 93.3 -0.4 0.0 0.0
Animal feed 214 103.5 1.6 2.7 4.5
Veterinary expenses 37 113.4 0.4 0.4 2.7
Small equipment and tools 11 99.4 -1.7 -3.6 -2.6
Maintenance of materials 88 112.4 0.2 0.4 3.3
Maintenance of buildings 9 108.8 0.0 0.1 0.9
Other goods and services 61 104.5 0.0 -0.1 0.0
Goods and services contributing to investment 240 109.7 0.1 0.8 1.2
Material 168 110.6 0.2 1.1 1.8
Tractors 71 114.4 0.0 1.6 2.6
Machinery and equipment for cultivation 33 109.3 0.1 0.6 1.6
Machinery and equipment for harvesting 38 108.0 0.7 1.2 0.7
Utility vehicles 16 104.7 0.1 0.8 2.1
Buildings 72 107.8 0.0 0.2 -0.2
  • (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 percentage change of Agricultural price indices in October 2020 has been revised downwards by 0.2 percentage point to +1.9%. This revision is mainly due to corrections made to the price index of nursery plants for September and October 2020. The year-on-year percentage change of the input purchase prices in October 2020 was left unchanged at –1.5%.

More about French agricultural price indices

The index 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 fruit and vegetables change every month so that they reflect their seasonal pattern. As a result their variations must only be interpreted year on year. If needed, indices are seasonally adjusted.

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

The methodology of IPPAP is available on the Insee web site: 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 January 2021 at 12:00

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Agricultural means of production purchasing price index

Agricultural producer price index

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