Agriculture in France and Europe in 2008: input prices drive down income

Jean-Michel Annequin, division Agriculture, Insee

In France as in the European Union 27 as a whole, animal-production prices drove up the value of agricultural production in 2008. However, the rise in prices of animal feed, fertilisers, and petroleum products weighed heavily on farmers’ incomes. For the total agricultural sector, incomes were eroded in most EU countries. In France, the latest provisional data show a real decline of 11% in net agricultural income per economically active person, after two years of brisk growth. Computed per economically active self-employed person, real net agricultural income fell 20%. Abundant harvests boosted French exports, improving the trade balance in agricultural products.

Insee Première N° 1247
No 1247
Paru le : 01/07/2009