Overall producer prices of agricultural products rose in AprilIndices of agricultural prices - April 2014

In April, overall producer prices of agricultural products rose (+0.8% compared to March) ; over one year they dropped by 4.0%.

In April, overall producer prices of agricultural products rose (+0.8% compared to March) ; over one year they dropped by 4.0%.

Cereal prices were almost stable in April (+0.2 %). The supply of cereal remained abundant and the Ukrainian political crisis did not affect the exportations from this country.

cereal – Producer prices of cereals

  • Source : INSEE

Oleaginous prices decreased in April (-2.2%). The Asian demand was now less strong while the Southern American supply of soy was very significant.

Overall prices of wines increased by 13.5% over one year (and by 21.9% for PDO wines), further to the drop of crop for two years.

Potato prices tumbled compared to last year (-36.0%). This was a return to normal as the last but one crop, in 2012, had been particularly weak in North-Western Europe.

Fresh fruit prices decreased year-over-year (–17.9%). Apple and pear prices tumbled as their production rose sharply in 2013. Strawberry prices dropped as well : the heat and the light, which were more present in this beginning of the season than last year, led to an increased production.

vegetable – Producer prices of fresh vegetables

  • Source : SSP (ministry of agriculture)

Fresh vegetable prices plumeted year-over-year (–21.4%). Cauliflower hardly sold either toward fresh consumption or industry. Tomato prices decreased too: due to the foreign competition on the supply side and, due to a duller weather after Easter - which diverted the consumers a little bit - on the demand side. The balmy weather allowed to speed up the maturity of lettuces and leeks, filling up the demand.

pig – Producer prices of large cattle and pigs

On a seasonally adjusted basis, animal prices increased in April (+3.8%). The price for pigs jumped (+16.6%) : despite the Russian embargo, the European exportations were driven up by the sanitary crisis in the United States that limited the production and the exportations of this country. The rise in sheep prices reflected a limited supply facing the traditionnal extra consumption at Easter, which fell right in the middle of the month this year. Prices of milk surged over one year (+14.0%), due to the strong exportation demand for fresh milk, noticeably from China. Egg prices decreased, as the French production was still abundant.

Tab1 – Indices of producer prices of agricultural products (IPPAP)

Base year 2010
Indices of producer prices of agricultural products (IPPAP)
Variation as % over
weights April 2014 a month 3 months a year
raw Seasonally adjusted raw
Agricultural goods output 1000 118.9 +0.8 +1.9 –4.0
excluding fruits and vegetables 900 121.2 +0.8 +2.0 –2.5
Crop output (excluding fruits and vegetables) 503 123.0 –0.1 +3.3 –6.4
Cereals 188 121.8 +0.2 +5.9 –14.6
of which soft wheat 112 122.9 –1.0 +5.3 –15.8
grain maize 41 110.1 +1.2 +6.2 –17.2
Potatoes 26 132.6 /// /// –36.0
Wines 177 132.4 +0.4 +4.1 +13.5
Protected designation of origin 84 144.5 +0.8 +7.0 +21.9
other wines 23 132.5 –0.3 +2.1 +5.9
Oleaginous 49 105.1 –2.2 +8.9 –17.4
Horticultural products 30 103.4 +0.4 –1.2 +0.7
Other crop products 33 116.4 –1.9 –0.5 –1.5
Fruits and vegetables (1) 100 97.9 /// /// –17.9
Fresh vegetables 53 90.7 /// /// –21.4
Fresh fruits 35 103.8 /// /// –17.9
Animal output 397 119.0 +1.9 +0.5 +3.0
Animals 235 122.4 +3.8 +1.4 –2.2
of which large cattle 96 124.7 +0.2 –0.1 –4.6
calves 26 113.9 –1.2 –1.0 –0.2
pigs 54 128.4 +16.6 +6.6 +4.1
sheep 10 125.7 +7.1 +4.9 +9.1
poultry 46 115.2 –0.1 –0.5 –7.8
of which chicken 28 115.3 0.0 –0.3 –7.7
Milk 147 114.9 0.0 –0.3 +14.0
of which cow milk (2) 137 116.0 0.0 –0.1 +14.7
Eggs 15 104.4 –9.3 –8.3 –2.6
  • 1) Including vegetables for industry.
  • (2) The price for April is not yet known and therefore is estimated by carrying forward the seasonally adjusted price from March
  • Sources: Insee - SSP (ministry of agriculture)

Purchase prices of the means of agricultural production rose a little in April.

Overall prices of intermediate consumptions stagnated in April (+0.1%). Over one year, animal feed and fertilisers prices decreased by roughly 8%. Investment prices remained stable in April.

Moyens_prod – Purchase price of the means of agricultural production

Tab2 – Indices of purchase prices of the means of agricultural production (IPAMPA)

Base year 2010
Indices of purchase prices of the means of agricultural production (IPAMPA)
weights April 2014 Variation as % over
a month 3 months a year
Total input 1000 113.1 +0.1 +0.5 –2.2
Intermediate consumptions 764 115.2 +0.1 +0.6 –3.2
Energy (1) 100 116.3 –0.6 –2.4 –1.1
Seeds 57 109.3 0.0 +0.6 +1.2
Fertilisers and soil improvers 92 119.6 +1.1 +5.0 –7.8
Plant protection products 78 101.3 +0.7 +1.0 +0.6
Animal feed 205 126.2 +0.1 +0.4 –7.6
Veterinary expenses 43 110.8 +0.1 0.0 +2.5
Small equipment and tools 17 107.4 –0.8 –1.2 –1.1
Maintenance of materials 67 111.3 +0.1 +0.6 +2.9
Maintenance of buildings 9 106.8 0.0 +0.1 –0.2
Other goods and services 97 101.7 0.0 0.0 0.0
Goods and services contributing to investment 236 106.9 0.0 +0.1 +1.1
Material 186 106.9 0.0 +0.1 +1.7
Tractors 79 107.6 0.0 +0.2 +1.9
Machinery and plant for cultivation 36 107.9 –0.1 +0.3 +3.3
Machinery and plant for harvesting 42 107.0 –0.1 +0.1 +1.0
Utility vehicles 18 103.2 0.0 –0.1 +0.7
Total input 50 106.8 +0.1 +0.3 –1.1
  • (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)