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Informations Rapides · 29 January 2021 · n° 028
Informations rapidesIn December 2020, agricultural producer prices decreased by 1.4% year on year Indices of agricultural prices - December 2020

In December 2020, agricultural producer prices decreased by 1.4% year on year. Excluding fruit and vegetables, they declined by 1.3% over one month, as they did year on year.

Informations rapides
No 028
Paru le :Paru le29/01/2021
Prochaine parution le : 29/08/2025 at 12:00 - July 2025
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In December 2020, agricultural producer prices decreased by 1.4% year on year. Excluding fruit and vegetables, they declined by 1.3% over one month, as they did year on year.

Falling cereal prices over one month

In December 2020, cereal prices decreased (–0.7% after +4.8% in November). Soft wheat prices weakened (–0.9% after +3.6%), due in particular to an abundant Russian supply and an upward revision of crop estimates in Australia and Canada. Maize prices fell back (–1.6% over one month after +6.6%). Year on year, cereal prices slowed down slightly (+16.4% after +19.1% in November).

Oilseed prices lost momentum over one month (+0.8% after +7.9%) in connection with declines in rapeseed prices (–0.5% after +6.4%) and soybean prices (–0.7% after +9.4%), and a slowdown in sunflower prices (+6.6% after +13.6%) as well. Year on year, oilseed prices were slightly less dynamic (+9.9% after +12.1%).

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
2020-12 119.3

Producer prices of cereals

  • Source: INSEE.

Slowdown of fresh fruit prices and decline of fresh vegetable prices year on year

Year on year, fresh fruit prices moderated significantly in December 2020 (+9.3% after +19.2% in November), in connection with the evolution of kiwi prices (+20.3% after +38.3%) and apple prices (+14.2% after +17.0%) and the persistent decline in nut prices (–5.2% after –4.5%). Fresh vegetable prices fell sharply year on year (–13.4% after +0.9%), driven down by salad prices (–37.7% after –22.2%), cauliflower (–32.1% after –48.0%), endive (–24.2% after +12.1%) and leek prices (–3.3% after –4.2%). Carrot prices slowed down sharply (+4.3% after +15.9%).

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
2020-12 113.6

Producer prices of fresh vegetables

  • Source: SSP (ministry in charge of agriculture)

Decline in animal prices intensified

The decline in animal prices intensified in December (–4.3% after –0.5% over one month; –8.1% after –3.8% year on year). Animal prices were driven down by the sharp decrease in pig prices (–5.1% after –0.4%; –25.1% after –20.1% year on year). The fall in prices of large cattle intensified in December (–7.4% after –1.0%), they also went down year on year (–5.9% after +1.6%).

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
2020-12 89.6 104.2

Producer prices of pigs and large cattle

  • Source: INSEE.

The drop in egg prices intensified; Milk prices remained down

In December 2020, the drop in egg prices accentuated both over one month (–12.7% after –7.0%) and year on year (–41.5% after –31.8% and –29.4%). The price of cow milk increased over one month (+0.6% after –0.4%) and declined again year on year (–1.1% as in November).

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 Dec. 2020 a month 3 months a year
Agricultural goods output 1000 107.8 /// /// -1.4
excluding fruits and vegetables 906 107.1 -1.3 1.3 -1.3
Crop output (excluding fruits and vegetables) 489 113.0 -0.4 4.8 3.3
Cereals 152 119.2 -0.7 11.0 16.4
of which soft wheat 90 121.4 -0.9 9.2 14.5
grain maize 27 123.1 -1.6 13.2 16.6
Potatoes 29 196.9 /// /// -1.5
Wines 200 99.7 0.1 0.1 -5.6
PDO wines 112 97.1 -0.4 0.8 -10.1
other wines 25 94.7 1.8 -3.0 -1.9
Oleaginous 40 114.7 0.8 11.7 9.9
Horticultural products 35 108.6 1.3 1.3 2.5
Other crop products 33 97.7 0.4 1.0 -0.1
Fruit and vegetables (1) 94 114.4 /// /// -3.2
Fresh vegetables 45 113.6 /// /// -13.4
Fresh fruit 32 120.0 /// /// 9.3
Animal output 417 100.1 -2.7 -3.1 -6.8
Animals 255 96.7 -4.3 -3.4 -8.1
of which large cattle 112 89.6 -7.4 -8.8 -5.9
calves 20 96.8 -2.4 5.4 -1.4
pigs 49 104.2 -5.1 -0.5 -25.1
sheep 14 109.4 0.1 1.1 8.1
poultry 57 100.6 0.7 0.7 1.6
of which chicken 39 100.2 0.8 0.8 1.5
Milk 146 109.6 0.6 1.1 -0.8
of which cow milk 135 110.0 0.6 1.2 -1.1
Eggs 16 66.8 -12.7 -38.5 -41.5
  • /// Absence of meaning due to the nature of these series
  • (1) Including vegetables for industry.
  • Sources : Insee, SSP (ministry in charge of agriculture)

Further increase in input purchase prices over one month

In December 2020, the purchase prices for intermediate consumption increased by 0.6%, as in November. Energy prices (+4.2% after +2.0%) sped up. Animal feed prices slowed down slightly (+1.1% after +1.5%), while the prices of fertilisers and soil improvers moderated (+0.3% after +0.1%). The prices of plant protection products fell at an accelerated pace (–2.4% after –0.4%). Year on year, intermediate consumer prices continued to decline in December (–1.1% after –1.5%).

Prices of investment goods and services were almost stable for the second month in a row (–0.1% after +0.1%) and slowed slightly year on year (+1.1% 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
2019-09 103.7
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
2020-10 102.1
2020-11 102.6
2020-12 103.0

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 Dec. 2020 a month 3 months a year
Total input 1000 103.0 0.4 1.5 -0.5
Intermediate consumptions 760 100.8 0.6 1.7 -1.1
Energy (1) 93 100.9 4.2 7.6 -15.6
Seeds 56 96.8 -0.4 -0.1 -0.6
Fertilisers and soil improvers 107 86.5 0.3 0.7 -4.8
Plant protection products 84 91.1 -2.4 -2.7 -1.4
Animal feed 214 104.5 1.1 3.5 5.3
Veterinary expenses 37 113.5 0.1 0.6 2.6
Small equipment and tools 11 99.6 0.3 -2.4 -4.6
Maintenance of materials 88 112.5 0.1 0.4 3.3
Maintenance of buildings 9 109.6 0.0 0.1 1.4
Other goods and services 61 104.6 0.1 0.1 0.1
Goods and services contributing to investment 240 109.9 -0.1 0.6 1.1
Material 168 110.5 -0.1 0.9 1.4
Tractors 71 114.0 -0.3 0.6 1.5
Machinery and equipment for cultivation 33 109.4 0.0 1.4 2.0
Machinery and equipment for harvesting 38 107.8 -0.2 1.0 0.4
Utility vehicles 16 105.3 0.5 1.3 2.3
Buildings 72 108.7 0.0 0.4 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 percentage change of Agricultural price indices in November 2020 was unchanged at +1.1%. The year-on-year percentage change of the input purchase prices in November 2020 has been revised upwards by 0.1 percentage point to –0.7%.

More about French agricultural price indices

The index of producer prices for agricultural products (IPPAP) measures the change 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: 26 February 2021 at 12:00

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Agricultural means of production purchasing price index

Agricultural producer price index

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