Informations Rapides ·
29 February 2024 · n° 58
In January 2024, agricultural producer prices fell by 8.2% year on year Indices of agricultural prices - January 2024
In January 2024, agricultural producer prices went down year on year for the tenth consecutive month (‑8.2% after ‑8.3% in December). These prices were nonetheless still 24.3% above their January 2020 level. Over one month, agricultural producer prices “excluding fruits and vegetables (including potatoes), cut flowers and potted plants” fell back (‑0.5% in January after +0.3% in December).
In January 2024, agricultural input purchase prices went down over one month for the fourth consecutive month (‑0.2% after ‑1.0% in December), and year on year for the ninth consecutive month (‑6.1% after ‑5.5%). However, they were still 25.4% higher than in January 2020.
Starting with this release, agricultural price indices will be disseminated with reference year 2020 (e.g. value 100 in 2020). Further informations are available through the “Documentation” tab on the web page of this publication.
On 11 March 2024, a new version of the data file was put online to correct an error in the ipampa series for the period 2005-2015.
- Prices for cereals and for oilseeds went down over a month and year on year
- Year on year, prices of fresh vegetables and of fresh fruit rose firmly again
- Animal prices rose over one month, but continued to go down year on year
- Egg prices rose over one month and fell year on year, milk prices went down over one month as year on year
- Input purchase prices fell again over one month and year on year
- For further information
In January 2024, agricultural producer prices went down year on year for the tenth consecutive month (‑8.2% after ‑8.3% in December). These prices were nonetheless still 24.3% above their January 2020 level. Over one month, agricultural producer prices “excluding fruits and vegetables (including potatoes), cut flowers and potted plants” fell back (‑0.5% in January after +0.3% in December).
In January 2024, agricultural input purchase prices went down over one month for the fourth consecutive month (‑0.2% after ‑1.0% in December), and year on year for the ninth consecutive month (‑6.1% after ‑5.5%). However, they were still 25.4% higher than in January 2020.
tableauProducer prices of agricultural products (IPPAP) and purchase prices of inputs for agricultural production (IPPIAP)
| IPPAP | IPPIAP | |
|---|---|---|
| 2024-01 | 126.9 | 126.9 |
| 2023-12 | 126.3 | 127.1 |
| 2023-11 | 124.9 | 128.4 |
| 2023-10 | 124.8 | 129.4 |
| 2023-09 | 124.4 | 130.0 |
| 2023-08 | 123.2 | 129.6 |
| 2023-07 | 125.3 | 128.3 |
| 2023-06 | 132.1 | 129.4 |
| 2023-05 | 130.5 | 130.9 |
| 2023-04 | 134.0 | 132.9 |
| 2023-03 | 137.1 | 134.9 |
| 2023-02 | 139.1 | 136.1 |
| 2023-01 | 138.3 | 135.2 |
| 2022-12 | 137.7 | 134.5 |
| 2022-11 | 138.6 | 136.1 |
| 2022-10 | 139.5 | 136.7 |
| 2022-09 | 140.7 | 134.3 |
| 2022-08 | 139.4 | 133.8 |
| 2022-07 | 134.1 | 133.2 |
| 2022-06 | 136.7 | 133.5 |
| 2022-05 | 139.8 | 131.1 |
| 2022-04 | 138.3 | 129.6 |
| 2022-03 | 134.9 | 128.3 |
| 2022-02 | 122.9 | 120.8 |
| 2022-01 | 121.2 | 119.1 |
| 2021-12 | 120.5 | 116.7 |
| 2021-11 | 119.7 | 115.8 |
| 2021-10 | 116.7 | 113.9 |
| 2021-09 | 116.4 | 110.2 |
| 2021-08 | 113.9 | 108.8 |
| 2021-07 | 108.9 | 108.2 |
| 2021-06 | 110.4 | 107.0 |
| 2021-05 | 108.8 | 105.9 |
| 2021-04 | 105.6 | 105.3 |
| 2021-03 | 105.0 | 105.1 |
| 2021-02 | 103.9 | 103.9 |
| 2021-01 | 102.9 | 102.2 |
| 2020-12 | 101.1 | 100.8 |
| 2020-11 | 101.2 | 100.4 |
| 2020-10 | 100.6 | 99.9 |
| 2020-09 | 99.4 | 99.3 |
| 2020-08 | 99.2 | 99.6 |
| 2020-07 | 98.2 | 99.6 |
| 2020-06 | 99.1 | 99.6 |
| 2020-05 | 98.7 | 99.4 |
| 2020-04 | 99.3 | 99.4 |
| 2020-03 | 100.9 | 100.0 |
| 2020-02 | 100.5 | 101.0 |
| 2020-01 | 102.1 | 101.2 |
graphiqueProducer prices of agricultural products (IPPAP) and purchase prices of inputs for agricultural production (IPPIAP)
- Sources: INSEE, SSP (ministry in charge of agriculture)
Prices for cereals and for oilseeds went down over a month and year on year
In January 2024, cereal prices went down over one month (‑4.3% after a stability in December). Maize prices fell back substantially (‑7.9% in January after +1.2% in December), due to high production prospects in Argentina and Brazil. Those for soft wheat went down (‑3.6% after ‑0.1%) because of tough competition. Prices fell also for barley (‑3.2% after ‑1.2%) and durum wheat (‑0.2% after +0.9%). Year on year, cereal prices dropped substantially for the eleventh consecutive month (‑27.8% in January after ‑28.5% in December). They were nonetheless still well above their level of four years ago (+18.7% compared with January 2020).
Oilseed prices continued to go down over one month in January 2024 (‑1.8% after ‑2.2% in December). Prices for sunflower fell back (‑3.9% after +1.2%). The drop in soybean prices softened (‑5.0% after ‑10.8%), under the influence of Brazilian competition. Prices for rapeseed fell slightly (‑0.2% after ‑2.4%). Year on year, oilseed prices continued to go down (‑23.4% in January after ‑24.3% in December). However, they were 10.1% higher than in January 2020.
tableauProducer prices of cereals and oil seed
| Cereals | Oil seed | |
|---|---|---|
| 2024-01 | 112.3 | 112.9 |
| 2023-12 | 117.4 | 115.0 |
| 2023-11 | 117.4 | 117.6 |
| 2023-10 | 120.4 | 115.9 |
| 2023-09 | 126.7 | 120.2 |
| 2023-08 | 130.3 | 121.3 |
| 2023-07 | 137.5 | 125.6 |
| 2023-06 | 132.1 | 114.8 |
| 2023-05 | 122.1 | 111.8 |
| 2023-04 | 136.9 | 118.1 |
| 2023-03 | 146.0 | 127.2 |
| 2023-02 | 153.2 | 146.1 |
| 2023-01 | 155.6 | 147.4 |
| 2022-12 | 164.1 | 151.9 |
| 2022-11 | 172.7 | 164.2 |
| 2022-10 | 182.6 | 167.7 |
| 2022-09 | 186.2 | 158.5 |
| 2022-08 | 182.7 | 168.0 |
| 2022-07 | 188.4 | 172.0 |
| 2022-06 | 206.1 | 191.7 |
| 2022-05 | 213.4 | 217.3 |
| 2022-04 | 207.2 | 246.8 |
| 2022-03 | 201.4 | 232.3 |
| 2022-02 | 143.2 | 179.4 |
| 2022-01 | 146.7 | 176.8 |
| 2021-12 | 150.3 | 172.5 |
| 2021-11 | 152.5 | 172.3 |
| 2021-10 | 143.5 | 167.9 |
| 2021-09 | 135.5 | 152.1 |
| 2021-08 | 130.3 | 143.8 |
| 2021-07 | 120.4 | 137.0 |
| 2021-06 | 123.1 | 134.9 |
| 2021-05 | 123.7 | 138.1 |
| 2021-04 | 119.1 | 128.6 |
| 2021-03 | 119.7 | 140.1 |
| 2021-02 | 117.6 | 129.9 |
| 2021-01 | 115.9 | 124.3 |
| 2020-12 | 108.5 | 116.9 |
| 2020-11 | 107.4 | 114.7 |
| 2020-10 | 102.2 | 105.2 |
| 2020-09 | 99.9 | 101.0 |
| 2020-08 | 97.9 | 95.8 |
| 2020-07 | 103.2 | 94.2 |
| 2020-06 | 100.8 | 92.5 |
| 2020-05 | 97.3 | 93.6 |
| 2020-04 | 99.0 | 93.2 |
| 2020-03 | 95.6 | 92.6 |
| 2020-02 | 93.6 | 97.8 |
| 2020-01 | 94.6 | 102.5 |
graphiqueProducer prices of cereals and oil seed
- Source: INSEE
Year on year, prices of fresh vegetables and of fresh fruit rose firmly again
In January 2024, fresh vegetable prices rose by 16.6% year on year (after +14.4% in December), due to very unfavourable weather conditions this season. Prices continued to rise very markedly for chicories (+61.6% after +30.3%), cauliflowers (+23.8% after +100.4%), leeks (+20.7% after +1.2%) and chards (+21.6% after +3.2%). On the contrary, prices went down for radishes (‑19.5% after ‑26.7%), and spinach (‑3.4% after +14.7%). In January 2024, fresh vegetable prices were 53.5% above their January 2020 level.
Year on year, fresh fruit prices continued to rise in January 2024 (+7.9% after +7.5% in December). Prices rose substantially for pears (+17.6% after +17.9%) and apples (+8.6% after +9.9%). Prices rebounded for nuts (+3.2% after ‑4.8%). Fresh fruit prices were 23.0% above their January 2020 level.
tableauProducer prices of fresh fruit and vegetables
| Fresh fruit | Fresh vegetables | |
|---|---|---|
| 2024-01 | 119.4 | 147.8 |
| 2023-12 | 116.2 | 135.2 |
| 2023-11 | 111.0 | 135.7 |
| 2023-10 | 118.7 | 126.7 |
| 2023-09 | 116.6 | 119.2 |
| 2023-08 | 108.4 | 100.0 |
| 2023-07 | 99.4 | 104.0 |
| 2023-06 | 115.9 | 117.5 |
| 2023-05 | 111.5 | 117.7 |
| 2023-04 | 110.2 | 134.9 |
| 2023-03 | 112.4 | 137.5 |
| 2023-02 | 108.2 | 131.9 |
| 2023-01 | 110.7 | 126.8 |
| 2022-12 | 108.1 | 118.2 |
| 2022-11 | 104.9 | 109.6 |
| 2022-10 | 103.5 | 125.3 |
| 2022-09 | 107.7 | 131.0 |
| 2022-08 | 124.4 | 112.7 |
| 2022-07 | 111.4 | 103.1 |
| 2022-06 | 104.4 | 106.0 |
| 2022-05 | 93.4 | 105.1 |
| 2022-04 | 101.8 | 107.2 |
| 2022-03 | 105.5 | 100.8 |
| 2022-02 | 103.9 | 97.5 |
| 2022-01 | 107.9 | 91.3 |
| 2021-12 | 107.9 | 95.4 |
| 2021-11 | 108.2 | 93.9 |
| 2021-10 | 114.8 | 97.1 |
| 2021-09 | 128.6 | 96.3 |
| 2021-08 | 131.2 | 105.2 |
| 2021-07 | 115.5 | 102.5 |
| 2021-06 | 113.5 | 105.5 |
| 2021-05 | 115.6 | 100.0 |
| 2021-04 | 110.2 | 106.0 |
| 2021-03 | 108.9 | 107.7 |
| 2021-02 | 104.3 | 101.3 |
| 2021-01 | 106.0 | 100.7 |
| 2020-12 | 104.1 | 91.8 |
| 2020-11 | 103.9 | 99.9 |
| 2020-10 | 103.1 | 104.9 |
| 2020-09 | 98.8 | 102.4 |
| 2020-08 | 102.1 | 100.8 |
| 2020-07 | 95.3 | 90.9 |
| 2020-06 | 101.5 | 100.4 |
| 2020-05 | 105.7 | 101.8 |
| 2020-04 | 97.3 | 114.8 |
| 2020-03 | 94.5 | 104.1 |
| 2020-02 | 96.0 | 90.6 |
| 2020-01 | 97.1 | 96.3 |
graphiqueProducer prices of fresh fruit and vegetables
- Source: SSP (ministry in charge of agriculture)
Animal prices rose over one month, but continued to go down year on year
In January 2024, animal prices rose over one month (+1.3% after +0.1% in December). Prices bounced back for poultry (+3.0% after ‑0.5%) and for large cattle (+1.2% after ‑0.6%). Those for pigs were almost stable (+0.1% after +1.6% in December).
Year on year, animal prices went down in January for the fifth consecutive month (‑3.9% after ‑3.8% in December). They dropped for poultry (‑7.4% after ‑7.0%), pigs (‑5.4% after ‑2.0%), and large cattle (‑3.3% after ‑4.5%). In January 2024, animal prices were nonetheless 29.9% higher than in January 2020.
tableauProducer prices of pigs and large cattle
| Large cattle | Pigs | |
|---|---|---|
| 2024-01 | 141.7 | 136.2 |
| 2023-12 | 140.0 | 136.0 |
| 2023-11 | 140.8 | 133.8 |
| 2023-10 | 143.3 | 134.0 |
| 2023-09 | 144.8 | 136.2 |
| 2023-08 | 142.4 | 143.1 |
| 2023-07 | 141.7 | 150.2 |
| 2023-06 | 142.8 | 145.5 |
| 2023-05 | 142.7 | 141.2 |
| 2023-04 | 144.5 | 146.9 |
| 2023-03 | 145.6 | 154.5 |
| 2023-02 | 145.6 | 155.8 |
| 2023-01 | 146.5 | 143.9 |
| 2022-12 | 146.6 | 138.8 |
| 2022-11 | 146.2 | 137.1 |
| 2022-10 | 145.3 | 139.8 |
| 2022-09 | 143.4 | 136.1 |
| 2022-08 | 142.2 | 130.6 |
| 2022-07 | 141.5 | 121.8 |
| 2022-06 | 140.1 | 115.1 |
| 2022-05 | 138.9 | 112.6 |
| 2022-04 | 134.2 | 109.1 |
| 2022-03 | 130.1 | 101.0 |
| 2022-02 | 126.1 | 97.2 |
| 2022-01 | 119.5 | 97.7 |
| 2021-12 | 117.3 | 98.0 |
| 2021-11 | 115.1 | 94.7 |
| 2021-10 | 111.0 | 90.0 |
| 2021-09 | 109.4 | 92.5 |
| 2021-08 | 107.7 | 93.2 |
| 2021-07 | 105.4 | 95.4 |
| 2021-06 | 103.6 | 104.4 |
| 2021-05 | 102.8 | 102.2 |
| 2021-04 | 102.6 | 93.4 |
| 2021-03 | 102.0 | 92.4 |
| 2021-02 | 101.9 | 94.4 |
| 2021-01 | 102.6 | 95.5 |
| 2020-12 | 102.8 | 96.6 |
| 2020-11 | 101.6 | 100.7 |
| 2020-10 | 100.8 | 99.4 |
| 2020-09 | 100.6 | 96.0 |
| 2020-08 | 100.7 | 91.3 |
| 2020-07 | 100.7 | 90.9 |
| 2020-06 | 99.3 | 92.8 |
| 2020-05 | 97.8 | 93.6 |
| 2020-04 | 96.6 | 99.1 |
| 2020-03 | 98.0 | 107.2 |
| 2020-02 | 99.8 | 112.4 |
| 2020-01 | 101.0 | 119.9 |
graphiqueProducer prices of pigs and large cattle
- Source: INSEE
Egg prices rose over one month and fell year on year, milk prices went down over one month as year on year
In January 2024, egg prices rose over one month (+3.8% after +3.7% in December). Year on year, they fell for the seventh consecutive month (‑7.4% after ‑8.6% in December). They remained nonetheless well above (+99.1%) their level of January 2020.
Prices of milk fell back over a month for the fifth consecutive month (‑0.6% after ‑0.3% in December). Prices for cow milk went down (‑0.6% after ‑0.4%) and those for goat milk fell back (‑0.3% after +0.6%). Year on year, the fall of milk prices intensified (‑5.8% after ‑4.3%). Over four years, milk prices rose substantially (+23.7% compared to their January 2020 level).
tableauIndex of producer prices of agricultural products (IPPAP)
| Variation as % over | |||||
|---|---|---|---|---|---|
| Weights (2) | January 2024 | a month | 3 months | a year | |
| Agricultural goods output | 1000 | 126.9 | /// | /// | -8.2 |
| excluding fruits and vegetables | 871 | 123.4 | -0.5 | -0.8 | -10.8 |
| Crop output (excluding fruits and vegetables) | 442 | 110.8 | -2.1 | -3.5 | -17.4 |
| Cereals | 143 | 112.3 | -4.3 | -6.7 | -27.8 |
| of which soft wheat | 82 | 107.4 | -3.6 | -6.8 | -27.7 |
| grain maize | 30 | 108.0 | -7.9 | -8.8 | -34.9 |
| Oleaginous | 34 | 112.9 | -1.8 | -2.6 | -23.4 |
| Potatoes | 21 | 216.9 | /// | /// | 6.0 |
| Wines | 195 | 103.3 | -1.1 | -2.5 | -8.3 |
| PDO wines | 110 | 98.2 | -1.0 | -3.9 | -13.3 |
| other wines | 28 | 100.0 | -3.4 | -2.4 | -5.0 |
| Horticultural products | 15 | 135.8 | 2.0 | 13.1 | 1.5 |
| Other crop products | 34 | 143.3 | -0.4 | 1.6 | -8.5 |
| Fruit and vegetables (1) | 129 | 134.9 | /// | /// | 13.4 |
| Fresh vegetables | 62 | 147.8 | /// | /// | 16.6 |
| Fresh fruit | 46 | 119.4 | /// | /// | 7.9 |
| Animal output | 428 | 135.5 | 0.8 | 1.4 | -4.9 |
| Animals | 231 | 136.8 | 1.3 | 0.7 | -3.9 |
| of which large cattle | 103 | 141.7 | 1.2 | -1.1 | -3.3 |
| calves | 17 | 129.6 | 1.6 | 2.9 | -1.8 |
| pigs | 52 | 136.2 | 0.1 | 1.6 | -5.4 |
| sheep | 14 | 129.4 | 2.3 | 4.3 | 6.9 |
| poultry | 44 | 131.9 | 3.0 | 2.6 | -7.4 |
| of which chicken | 29 | 129.3 | 3.0 | 1.9 | -8.6 |
| Milk | 175 | 124.7 | -0.6 | -0.4 | -5.8 |
| of which cow milk | 159 | 129.4 | -0.6 | -0.4 | -6.3 |
| Eggs | 22 | 207.5 | 3.8 | 17.2 | -7.4 |
- /// Not relevant due to the seasonal nature of the products
- (1) Including vegetables for industry.
- (2) Average weight year on year.
Input purchase prices fell again over one month and year on year
In January 2024, the purchase prices of intermediate consumption fell again over one month (‑0.3% after ‑1.4% in December). Prices went down for small equipment and tools (‑2.0% after ‑1.7%), fertilizers and soil improvers (‑1.2% after ‑2.9%), energy (‑0.8% after ‑4.5%), animal food (‑0.8% after ‑0.5%) and plant protection products (‑0.6% after ‑1.6%). Prices were stable for seeds (after ‑0.2% in December) and the maintenance of buildings (after +0.1%), and nearly stable for “other goods and services” (+0.1% after +0.1%). They went up for veterinary expenses (+0.8% after ‑0.1%) and the maintenance of materials (+2.2% after +0.3%). Year on year, the purchase prices of intermediate consumption continued to go down (‑8.6% in January 2024 after ‑7.8% in December). They were nevertheless 26.7% higher than in January 2020.
In January 2024, the prices of investment goods were stable over one month (after +0.2% in December). They rose by 1.1% year on year (after +1.5% in December) and by 21.1% compared with January 2020.
tableauIndices of purchase prices of inputs of agricultural production (IPPIAP)
| Variation as % over | |||||
|---|---|---|---|---|---|
| Weights | January 2024 | a month | 3 months | a year | |
| Total input | 1000 | 126.9 | -0.2 | -1.9 | -6.1 |
| Intermediate consumptions | 743 | 128.9 | -0.3 | -2.8 | -8.6 |
| Energy (1) | 91 | 161.7 | -0.8 | -9.1 | -4.7 |
| Seeds | 54 | 110.9 | 0.0 | -0.1 | 0.1 |
| Fertilisers and soil improvers | 92 | 149.6 | -1.2 | -4.8 | -33.3 |
| Plant protection products | 76 | 109.5 | -0.6 | -3.9 | 0.1 |
| Animal feed | 212 | 130.4 | -0.8 | -2.0 | -11.9 |
| Veterinary expenses | 41 | 113.5 | 0.8 | 0.9 | 3.9 |
| Small equipment and tools | 10 | 128.5 | -2.0 | -3.8 | -4.1 |
| Maintenance of materials | 95 | 122.5 | 2.2 | 2.7 | 7.1 |
| Maintenance of buildings | 10 | 114.2 | 0.0 | 0.2 | 2.1 |
| Other goods and services | 62 | 107.1 | 0.1 | 0.1 | 1.6 |
| Goods and services contributing to investment | 257 | 120.9 | 0.0 | 0.6 | 1.1 |
| Material | 180 | 120.0 | 0.1 | 0.7 | 2.7 |
| Tractors | 76 | 117.2 | 0.2 | 0.9 | 2.2 |
| Machinery and equipment for cultivation | 35 | 119.6 | -0.1 | 0.8 | 3.5 |
| Machinery and equipment for harvesting | 40 | 123.4 | 0.3 | 0.5 | 2.7 |
| Utility vehicles | 18 | 121.0 | 0.2 | 0.2 | 2.5 |
| Buildings | 77 | 123.2 | 0.0 | 0.5 | -2.4 |
- (1) The repayment of the domestic tax on energy product (TICPE) benefiting farmers has been applied in advance for the year 2024.
- Sources : INSEE, SSP (ministry in charge of agriculture)
For further information
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 2020. The weight-coefficients of fresh fruit and vegetables change every month so that they reflect their seasonal pattern. Their variations should therefore be interpreted only year on year. If needed, indices are seasonally adjusted.
The index of the purchase prices of inputs for agricultural production (IPPIAP) reflects the price evolution of goods and services used in the agricultural process. It is not yet seasonally adjusted.
Further informations (including IPPAP and IPPIAP methodologies) are available through the “Documentation” tab on the web page of this publication.
Next issue: 29 March 2024 at 12:00 pm.
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