Overall producer prices of agricultural products decreased in JulyIndices of agricultural prices - July 2013

In July 2013, overall producer prices of agricultural products decreased by 1.0 % ; over one year they rose by 2.9 %.

Informations rapides
No 198
Paru le : 30/08/2013

In July 2013, overall producer prices of agricultural products decreased by 1.0 % ; over one year they rose by 2.9 %.

Cereal prices kept on decreasing in July (–3.3 %) as a result of record harvests in the Northern hemisphere.

cereal – Production prices of cereals

Oleaginous prices tumbled in July (–11.8 %), particularly that of rape (-13.9 %), the main oleaginous good growed in France. In fact, the Ukrainian harvests of rape turned out to be very significant, and soy prices, a seed which is partially substituable, suffered from the announcement of a surge of sowed areas in the United States

In July, potato prices more than doubled compared to the same month last year (+138.1 %), due to a marked shortfall of supply in North-Western Europe.

Wine prices increased in July (+0.9 %), and in a remarkable way over one year (13.9 %). The prices for some PDO wines were sustained by the export demand. The less significant crop last autumn led to a rise in prices for other wines.

Fresh fruits prices increased year-over-year (+19.1 %). Apricots and peaches prices rose due to bad weather conditions and a diminishing planted area. On the other hand, cherries decreased as a result of a bigger production than last year.

vegetable – Production prices of fresh vegetables

Fresh vegetables prices rose year-over-year (+12.3 %). The coming of the summer heat increased the demand for seasonal vegetables that were hardly filled by the supply for some of them (cucumber, melon), as their growings were delayed by the dull spring . On the other hand, the bright sun in July accelerated well the maturity of tomatoes, allowing to satisfy the rising demand for this vegetable as well, which is very consumed during summer time.

pig – Production prices of pigs ans big cattle

On a seasonally adjusted basis, animals prices increased a little in July (+0.8 %). Pigs ans sheep became more expensive : the coming of summer-like temperatures made the consumption of grilled meat pick up. Egg prices plumeted over one year : the strong recovery of production came after the implementation of new sanitary standards in 2012 which had led to a significant drop in the output.

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

base year 2010
Indices of producer prices of agricultural products (IPPAP)
Variation as % over
weights July 2013 a month 3 month a year
raw Seasonally adjusted data raw
Agricultural goods output 1000 122.2 –1.0 –3.0 +2.9
excluding fruits and vegetables 900 123.3 –0.9 –3.1 +1.9
Crop output (excluding fruits and vegetables) 502 123.4 –2.0 –6.6 –0.7
Cereals 190 123.1 –3.3 –13.9 –17.7
of which soft wheat 113 116.4 –4.9 –20.2 –22.1
grain maize 42 133.0 –0.5 0.0 –6.8
Potatoes 26 218.7 /// /// +138.1
Wines 171 118.9 +0.9 +0.6 +13.9
Protected designation of origine 135 117.6 +1.2 +0.9 +13.5
other wines 36 123.6 –0.1 –0.4 +15.1
Oleaginous 49 106.8 –11.8 –16.0 –21.0
Horticultural products 31 103.8 +0.4 +1.9 +3.3
Other crop products 34 117.1 –0.2 –1.0 +3.2
Fruits and vegetables (1) 100 111.0 /// /// +14.1
Fresh vegetables 93 107.4 /// /// +12.3
Fresh fruits 41 117.5 /// /// +19.1
Animal output 398 123.2 +0.5 +1.7 +5.4
Animals 234 127.3 +0.8 +1.3 +6.6
of which large cattle 96 134.2 +0.2 +2.2 +7.1
calves 26 106.8 –0.8 –6.4 +0.1
pigs 54 132.5 +2.7 +2.9 +6.2
sheep 10 117.7 +5.2 +12.2 +17.3
poultry 44 122.6 –0.4 –0.9 +7.9
of which chicken 18 124.9 –0.4 –0.5 +9.8
Milk 149 119.4 0.0 +3.8 +8.4
of which cow milk (2) 139 120.9 0.0 +4.0 +8.7
Eggs 15 95.8 –0.1 –10.7 –33.0
  • (1) Including vegetables for industry.
  • (2) The price for June is not yet known and therefore is estimated by carrying forward the seasonally adjusted price from June
  • Sources: INSEE - SSP (Ministry of Agriculture)

Purchase prices of the means of agricultural production decreased in July.

Purchase prices of the means of agricultural production continued to dip in July (-0.5 %), due noticeably to the decrease in prices for some inputs (fertilisers and food for animals). Investment prices slightly dropped (-0.2%).

means – Purchase prices 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 July 2013 Variation as % over
a month 3 month a year
Total input 1000 114.8 –0.5 –1.0 +2.1
Intermediate consumptions 755 117.8 –0.5 –1.3 +2.2
Energy (1) 102 118.9 +0.9 +1.1 –0.7
Seeds 67 108.4 –0.2 +0.1 +4.4
Fertilisers and soil improvers 100 121.3 –2.3 –6.5 –4.9
Plant protection products 83 101.3 +0.4 +0.6 +0.9
Animal feed 211 133.8 –1.2 –2.2 +6.6
Veterinary expenses 50 109.0 +0.3 +0.8 +3.2
Small equipment and tools 16 109.4 +0.5 +0.9 +2.7
Maintenance of materials 73 108.8 +0.2 +0.6 +2.6
Maintenance of buildings 9 106.7 –0.3 –0.3 +0.9
Other goods and services 52 106.2 +0.1 +0.4 +2.1
Goods and services contributing to investment 245 105.8 –0.2 +0.1 +1.9
Material 193 105.3 –0.1 +0.2 +2.1
Tractors 82 105.4 –0.3 –0.2 +1.2
Machinery and plant for cultivation 37 105.3 0.0 +0.8 +4.0
Machinery and plant for harvesting 43 106.4 0.0 +0.4 +2.9
Utility vehicles 19 103.0 +0.2 +0.5 +0.3
Buildings 52 107.4 –0.5 –0.5 +0.8
  • (1) The repayment of the domestic tax on energy products (TICPE) benefiting farmers has been applied in advance for the year 2013
  • Sources: INSEE - SSP (Ministry of Agriculture)