28 February 2014
2014- n° 51Overall producer prices of agricultural products slid in January Indices of agricultural prices - January 2014
In January, overall producer prices of agricultural products dipped (-1.5 % compared to December) ; over one year they dropped by 6.5 %.
Avertissement : The seasonal series of producer price index have been seasonally adjusted including the year 2013. The raw series remain unchanged.
In January, overall producer prices of agricultural products dipped (-1.5 % compared to December) ; over one year they dropped by 6.5 %.
Cereal prices noticeably decreased in January (–4.6 %). Wheat prices went down further to the announcement of a bullish forecast for the next global crop. Maïze prices decreased as well, due to the foreign competition, which shortened the demand for French maïze.
graphiquecereal – Producer prices of cereals
Oleaginous prices decreased in January (-3.3 %) : the huge crop in Canada kept weighting down on prices.
Overall prices of wines increased by 10.1 % over one year (and by 17.8 % for PDO wines) : the bad weather conditions during both the flowering period and the harvest lessened the yields of the last production.
Potatoe prices significantly decreased compared to last year (-16 %), as the last but one crop had been particularly low in North-Western Europe.
Fresh fruits prices decreased year-over-year (–19.1 %). Apple and pear prices tumbled as their production rose sharply this year.
graphiquevegetable – Producer prices of fresh vegetables
Fresh vegetables prices went down year-over-year (–12.4 %). The balmy weather benefited the growth of vegetables, including winter lettuces and leeks. However the demand stayed low, noticeably for leek which is usually more consumed during cold periods. The demand was weak for chicory whose prices decreased as well. Conversely cauliflowers sold more easily, as the yields were less significant than last year.
graphiquepig – Producer prices of pigs and large cattle
On a seasonally adjusted basis, animal prices were almost stable in January (-0.1 %). Big cattle and calve prices were almost stable over one year; the slaughters were gradually reduced to balance a dull demand. Pigs prices remained low due to a remarkable European supply.
tableauTab1 – Indices of producer prices of agricultural products (IPPAP)
Variation as % over | ||||||
---|---|---|---|---|---|---|
weights | Jan. 2014 | a month | 3 months | a year | ||
raw | Seasonally adjusted data | raw | ||||
Agricultural goods output | 1000 | 116.8 | –1.5 | –0.6 | –6.5 | |
excluding fruits and vegetables | 900 | 119.1 | –1.2 | –0.4 | –5.7 | |
Crop output (excluding fruits and vegetables) | 503 | 119.4 | –2.0 | –0.1 | –10.7 | |
Cereals | 188 | 115.1 | –4.6 | –1.9 | –23.5 | |
of which soft wheat | 112 | 116.7 | –5.6 | –1.9 | –22.5 | |
grain maize | 41 | 103.6 | –3.5 | –2.1 | –28.5 | |
Potatoes | 26 | 156.6 | /// | /// | –16.0 | |
Wines | 177 | 127.5 | +0.8 | +3.6 | +10.1 | |
Protected designation of origin | 84 | 138.2 | +1.7 | +5.3 | +17.8 | |
other wines | 23 | 126.2 | –0.5 | +4.9 | +4.9 | |
Oleaginous | 49 | 96.4 | –3.3 | –2.8 | –25.1 | |
Horticultural products | 30 | 109.8 | +1.1 | +0.2 | +0.7 | |
Other crop products | 33 | 115.6 | +0.9 | +2.7 | –4.0 | |
Fruits and vegetables (1) | 100 | 95.1 | /// | /// | –14.6 | |
Fresh vegetables | 53 | 81.7 | /// | /// | –12.4 | |
Fresh fruits | 35 | 111.4 | /// | /// | –19.1 | |
Animal output | 397 | 118.8 | –0.1 | –0.7 | +1.5 | |
Animals | 235 | 118.8 | +0.1 | –0.6 | –2.6 | |
of which large cattle | 96 | 123.8 | –0.1 | –0.6 | –2.2 | |
calves | 26 | 114.9 | +0.8 | +4.4 | +2.4 | |
pigs | 54 | 115.2 | +0.8 | –1.2 | –3.4 | |
sheep | 10 | 119.2 | –0.6 | –0.8 | +8.7 | |
poultry | 46 | 114.6 | –0.9 | –2.7 | –7.8 | |
of which chicken | 28 | 115.5 | –1.0 | –3.2 | –8.4 | |
Milk | 147 | 119.1 | 0.0 | –1.4 | +12.0 | |
of which cow milk (2) | 137 | 119.8 | 0.0 | –1.5 | +12.5 | |
Eggs | 15 | 116.8 | –4.8 | +4.3 | –19.3 |
- (1) Including vegetables for industry.
- (2)The price for January is not yet known and therefore is estimated by carrying forward the seasonally adjusted price from December
- Sources: INSEE - SSP (ministry of agriculture)
Purchase prices of the means of agricultural production rose in January.
Overall prices of intermediate consumptions went up in January (+0.2 %). Investments prices increased as well (+0.4 %). Over one year, prices of animal feed and fertilisers roughly decreased by 10%.
graphiquemeans – Purchase price of the means of agricultural production
tableauTab2 – Indices of purchase prices of the means of agricultural production (IPAMPA)
weights | Jan. 2014 | Variation as % over | |||
---|---|---|---|---|---|
a month | 3 months | a year | |||
Total input | 1000 | 112.6 | +0.2 | –0.1 | –3.1 |
Intermediate consumptions | 764 | 114.6 | +0.2 | –0.1 | –4.3 |
Energy (1) | 100 | 119.2 | –1.4 | +0.4 | –1.6 |
Seeds | 57 | 109.5 | +0.7 | +1.0 | +2.6 |
Fertilisers and soil improvers | 92 | 113.7 | +1.1 | –0.8 | –12.2 |
Plant protection products | 78 | 100.5 | 0.0 | –0.8 | +1.1 |
Animal feed | 205 | 125.9 | +0.2 | –0.7 | –9.6 |
Veterinary expenses | 43 | 110.2 | +0.4 | +0.3 | +2.6 |
Small equipment and tools | 17 | 108.7 | –0.4 | –1.1 | +0.6 |
Maintenance of materials | 67 | 110.7 | +1.4 | +1.6 | +3.0 |
Maintenance of buildings | 9 | 106.7 | –0.1 | 0.0 | –0.2 |
Other goods and services | 97 | 101.5 | +0.1 | +0.1 | –0.2 |
Goods and services contributing to investment | 236 | 106.6 | +0.4 | +0.1 | +1.2 |
Material | 186 | 106.7 | +0.5 | +0.2 | +2.0 |
Tractors | 79 | 107.4 | +0.8 | +0.1 | +1.8 |
Machinery and plant for cultivation | 36 | 107.1 | +0.7 | +0.9 | +3.7 |
Machinery and plant for harvesting | 42 | 107.0 | 0.0 | –0.1 | +1.6 |
Utility vehicles | 18 | 103.3 | +0.2 | 0.0 | +0.8 |
Total input | 50 | 106.0 | 0.0 | –0.3 | –1.5 |
- (1) The repayment of the domestic tax on energy products (TICPE) benefiting farmers has been applied in advance for the year 2014
- Sources: INSEE - SSP (ministry of agriculture)
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Time series : Indices of agricultural prices