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Informations Rapides · 31 March 2021 · n° 092
Informations rapidesIn February 2021, agricultural producer prices increased by 4.3% year on year Indices of agricultural prices - February 2021

In February 2021, agricultural producer prices increased by 4.3% year on year. Excluding fruit and vegetables, they rose by 1.4% over one month and by 3.7% year on year.

Informations rapides
No 092
Paru le :Paru le31/03/2021
Prochaine parution le : 29/08/2025 at 12:00 - July 2025
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In February 2021, agricultural producer prices increased by 4.3% year on year. Excluding fruit and vegetables, they rose by 1.4% over one month and by 3.7% year on year.

Slowdown in cereal prices over one month

In February 2021, cereal prices slowed down sharply (+1.5% after +8.6% in January), in connection with the evolution of soft wheat prices (+0.5% after +9.4%). Prices were less dynamic, particularly as a result of large exports from Russia (before the introduction of export taxes) and larger than expected inventories in the United States. Maize prices also slowed down, but more moderately (+4.5% after +9.7%), notably because of a delay in sowing in Brazil. Year on year, cereal prices accelerated again (+24.5% after +21.4% and +16.3%).

Oilseed prices increased by 5.1% after +6.5%: soybean (+0.2% after +13.0%), rapeseed (+5.7% after +6.6%) and sunflower (+3.6% after +4.5%) prices slowed down. Year on year, oilseed prices sped up sharply (+26.2% after +15.4%).

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
2021-01 129.3
2021-02 131.0

Producer prices of cereals

  • Source: INSEE.

Acceleration of fresh fruit prices and rebound in fresh vegetable prices year on year

Year on year, fresh fruit prices sped up again in February 2021 (+14.2% after +12.1% and +9.8% in December). Price evolutions were divergent amongst fruit types: prices still rose for kiwis (+20.9% after +24.0%) and apples (+15.7% after +14.4%), while they fell again for walnuts (–5.1% after –5.4%). Fresh vegetable prices bounced back significantly year on year (+16.2% after –0.7%). Leek prices (+82.4% after +15.4%), onion prices (+18.8% after +13.6%), carrot prices (+6.8% after +4.8%) and endive prices (+0.3% after –16.3%) increased year on year. Conversely, salad prices fell again, but at a much slower pace (–3.0% after –20.1% and –37.7% in December).

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
2021-01 135.7
2021-02 137.4

Producer prices of fresh vegetables

  • Source: SSP (ministry in charge of agriculture)

Animal prices increased slightly over one month

Animal prices increased modestly in February 2021 (+0.3% over one month after +0.5%). Pig prices decreased slightly (–0.3% after +2.4%), while large cattle prices were almost stable (+0.1% after 0.0%). Year on year, animal prices declined again (–2.3% after –3.6% and –5.2% in December), due to a marked drop in pig prices (–16.6% after –19.6% and –25.6%). Large cattle prices accelerated slightly (+1.9% year on year after +1.4%).

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 98.5 101.7
2019-02 99.1 101.0
2019-03 98.7 101.6
2019-04 98.9 109.4
2019-05 98.8 115.4
2019-06 98.5 117.3
2019-07 97.2 118.9
2019-08 97.0 120.2
2019-09 97.2 125.8
2019-10 96.4 131.8
2019-11 96.7 133.2
2019-12 96.9 136.4
2020-01 96.6 129.3
2020-02 96.3 124.2
2020-03 95.9 122.9
2020-04 94.4 118.2
2020-05 95.5 110.8
2020-06 97.3 105.6
2020-07 97.4 104.6
2020-08 97.3 103.0
2020-09 97.3 105.2
2020-10 98.0 108.6
2020-11 98.2 105.4
2020-12 98.0 101.5
2021-01 98.0 103.9
2021-02 98.1 103.6

Producer prices of pigs and large cattle

  • Source: INSEE.

Decreases in egg and milk prices eased year on year

In February 2021, egg prices rose sharply over one month (+27.5% after +6.8%), in connection with declining supply and increasing demand; the fall in egg prices remained significant but eased year on year (–18.7% after –36.1%). The price of cow milk rebounded over one month (+0.6% after –0.6%) and fell again year on year (–1.1% after –1.8%).

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 Feb. 2021 a month 3 months a year
Agricultural goods output 1000 112.9 /// /// 4.3
excluding fruits and vegetables 906 112.0 1.4 3.1 3.7
Crop output (excluding fruits and vegetables) 489 119.3 1.7 5.1 8.9
Cereals 152 131.2 1.5 9.2 24.5
of which soft wheat 90 133.5 0.5 9.0 21.1
grain maize 27 141.2 4.5 12.9 33.2
Potatoes 29 195.3 /// /// -0.5
Wines 200 103.5 2.8 3.8 -1.1
PDO wines 112 103.8 4.2 6.5 -2.1
other wines 25 95.8 3.9 2.2 1.9
Oleaginous 40 128.3 5.1 12.7 26.2
Horticultural products 35 106.0 -2.1 -1.4 -0.4
Other crop products 33 98.4 0.4 1.1 0.5
Fruit and vegetables (1) 94 123.9 /// /// 11.9
Fresh vegetables 45 137.4 /// /// 16.2
Fresh fruit 32 131.5 /// /// 14.2
Animal output 417 103.5 1.3 0.6 -2.5
Animals 255 100.6 0.3 0.0 -2.3
of which large cattle 112 98.1 0.1 -0.1 1.9
calves 20 94.7 -0.2 -2.2 -1.3
pigs 49 103.6 -0.3 -1.7 -16.6
sheep 14 115.0 1.6 4.9 7.6
poultry 57 101.0 1.2 1.1 1.8
of which chicken 39 100.7 1.6 1.3 1.7
Milk 146 109.5 0.6 0.2 -0.9
of which cow milk 135 109.9 0.6 0.2 -1.1
Eggs 16 93.7 27.5 17.9 -18.7
  • /// Absence of meaning due to the nature of these series
  • (1) Including vegetables for industry.
  • Sources : Insee, SSP (ministry in charge of agriculture)

Further large increase in input purchase prices over one month

In February 2021, the purchase prices of intermediate consumption increased again sharply over one month (+2.0% after +1.7% in January). Energy prices (+5.6% after +4.6%), fertilizers and soil improvers prices (+5.0% after +3.2%) and animal feed prices (+2.2% after +1.9%) sped up. Plant protection product prices remained almost stable (+0.1% as in January). Year on year, intermediate consumption prices accelerated sharply in February (+3.2% after +0.7%).

Prices for investment goods and services were almost stable over one month (+0.1% after +0.4%) and slowed down year on year (+0.9% after +1.4%).

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
2020-09 101.6
2020-10 102.1
2020-11 102.6
2020-12 103.1
2021-01 104.4
2021-02 106.0

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 Feb. 2021 a month 3 months a year
Total input 1000 106.0 1.5 3.3 2.5
Intermediate consumptions 760 104.6 2.0 4.3 3.2
Energy (1) 93 111.4 5.6 15.1 -1.6
Seeds 56 96.6 0.0 -0.5 -0.7
Fertilisers and soil improvers 107 93.9 5.0 8.9 4.3
Plant protection products 84 91.4 0.1 -1.9 -0.5
Animal feed 214 108.6 2.2 5.0 8.5
Veterinary expenses 37 114.3 0.6 0.8 3.0
Small equipment and tools 11 101.6 0.7 2.3 -2.7
Maintenance of materials 88 113.5 0.1 1.0 3.1
Maintenance of buildings 9 110.0 0.0 0.2 1.7
Other goods and services 61 105.2 0.0 0.2 0.8
Goods and services contributing to investment 240 110.6 0.1 0.5 0.9
Material 168 111.2 0.2 0.5 1.0
Tractors 71 115.4 0.3 0.9 1.1
Machinery and equipment for cultivation 33 109.6 -0.5 0.2 1.4
Machinery and equipment for harvesting 38 108.6 0.1 0.6 0.6
Utility vehicles 16 104.8 0.2 0.1 1.9
Buildings 72 109.2 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 2021.
  • Sources : Insee, SSP (ministry in charge of agriculture)

Revision

In January 2021, the year-on-year percentage change of Agricultural price indices was unchanged (at +1.4%), as the year-on-year percentage change of the input purchase prices (unchanged at +0.8%).

More about French agricultural price indices

The index of producer prices for agricultural products (IPPAP) measures the change in product prices when the products 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: 30 April 2021 at 12:00

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Agricultural means of production purchasing price index

Agricultural producer price index

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