Agriculture in 2007 in France and Europe - World prices boosted revenues

Jean-Michel Annequin, division Agriculture, Insee

In 2007, in France as in the 27-member European Union, the very strong upsurge in prices for cereals and oil seeds increased the value of agricultural production. Yet the leap in raw material prices also pushed up the cost of animal feed, impacting the revenues of livestock farmers. For the agricultural sector as a whole, revenue levels in most European Union countries improved. In France, the net agricultural result per worker rose by 11% in real terms, according to the latest provisional data. Per non-salaried worker, calculations show that net farm revenue increased by 17% in real terms. French exports also benefited from the rise in cereal prices and the external trade balance improved for agri-food products.

Insee Première
No 1199
Paru le : 01/07/2008