Overall producer prices of agricultural products decreased in JuneIndices of agricultural prices - juin 2014

In June, overall agricultural producer prices dropped by 1.1 % compared to May; over one year they fell by 5.0 %.

Informations rapides
No 182
Paru le : 31/07/2014
Prochaine parution le : 29/09/2017 at 12:00 - August 2017

In June, overall agricultural producer prices dropped by 1.1 % compared to May; over one year they fell by 5.0 %.

In June, cereal prices showed a drop by almost 9 % over one quarter (-13 % over one year), still as a result of abundant availabilities. The French maïze noticeably faced the Ukrainian competition. In addition, the significant crop ahead weighed on prices.

cereal – Producer prices of cereals

  • Source : Insee

Oleaginous prices decreased in June (–4.8 %), due to a significant crop that was expected all over Europe

Overall prices of wines increased by 15 % over one year (and by 22.9 % for PDO wines), further to the drop in crops for the last two years.

Potato prices tumbled compared to last year (-48.5 %). This was a return to normal as the last but one crop, in 2012, had been particularly weak in North-Western Europe.

Fresh fruits prices plumeted year-over-year (–20.1 %). Indeed, apricots, cherries and peaches massively came on the stalls: their productions were far larger than last year, which was marked by bad weather conditions.

vegetable – Producer prices of vegetables

Fresh vegetables prices went down year-over-year (–10.3 %). On the supply side, cucumbers, courgettes and melons wre more abundant than last year at the same period ; bad weather conditions had led to drops in yields. On the demand side the consumers appreciated the tomatoes due to a summer-like weather ; as a result its price increased.

pig – Producer prices of pigs and large cattle

On a seasonally adjusted basis, animal prices decreased in June (-2.2 %), including pigs prices. Indeed, the Russian embargo on European pigs limited the exportation outlets. Big cattle prices decreased by almost 8 % over one year, as it reflected an eroding consumption.

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

Base year 2010
Indices of producer prices of agricultural products (IPPAP)
Variation as % over
weights june 2014 a month 3 months a year
raw Seasonally adjusted raw
Agricultural goods output 1000 116.4 –1.1 –2.6 –5.0
excluding fruits and vegetables 900 118.6 –1.5 –2.8 –4.2
Crop output (excluding fruits and vegetables) 503 118.1 –1.9 –4.4 –6.7
Cereals 188 110.7 –3.0 –8.9 –13.0
of which soft wheat 112 109.8 –4.5 –11.5 –10.3
grain maize 41 101.1 –1.2 –7.1 –24.4
Potatoes 26 114.1 /// /// –48.5
Wines 177 134.1 +0.3 +1.8 +15.0
Protected designation of origin 84 146.1 –0.7 +2.0 +22.9
other wines 23 138.5 +5.2 +5.1 +12.8
Oleaginous 49 94.7 –4.8 –11.8 –21.8
Horticultural products 30 105.2 +0.8 +2.7 +1.5
Other crop products 33 124.6 –0.6 –1.6 –5.2
Fruits and vegetables (1) 100 97.1 /// /// –13.1
Fresh vegetables 53 93.8 /// /// –10.3
Fresh fruits 35 97.6 /// /// –20.1
Animal output 397 119.1 –1.1 –0.6 –0.9
Animals 235 119.9 –2.2 +0.8 –5.0
of which large cattle 96 122.5 –1.4 –2.4 –7.9
calves 26 109.3 –2.2 –5.2 +1.4
pigs 54 126.0 –5.4 +9.9 –2.4
sheep 10 117.2 –2.3 +5.9 +3.7
poultry 46 115.3 +0.1 0.0 –6.5
of which chicken 28 115.4 +0.1 +0.1 –6.7
Milk 147 118.5 0.0 –2.7 +4.6
of which cow milk (2) 137 119.8 0.0 –2.9 +4.7
Eggs 15 113.6 +7.8 –1.4 +18.5
  • (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 May
  • Sources: Insee - SSP (ministry of agriculture)

Purchase prices of the means of agricultural production were almost stable in June.

Overall prices of intermediate consumptions went down in June (-0.3 %). Over one year, animal feed and fertilisers prices respectively decreased by roughly 7% and 5%. Investments prices were stable in June.

means – 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 June 2014 Variation as % over
a month 3 months a year
Total input 1000 112.9 –0.2 –0.1 –1.8
Intermediate consumptions 764 114.8 –0.3 –0.1 –2.6
Energy 100 117.5 +1.2 +0.4 –0.3
Seeds 57 108.4 –0.6 –0.5 +0.1
Fertilisers and soil improvers 92 116.6 –2.4 –1.4 –5.5
Plant protection products 78 101.5 0.0 +0.9 +0.7
Animal feed 205 125.6 –0.5 –0.4 –7.1
Veterinary expenses 43 111.4 +0.3 +0.7 +2.5
Small equipment and tools 17 108.6 +0.8 +0.3 –0.3
Maintenance of materials 67 111.3 +0.1 +0.1 +2.5
Maintenance of buildings 9 106.7 –0.1 –0.1 –0.3
Other goods and services 97 101.8 0.0 0.0 0.0
Goods and services contributing to investment 236 107.0 0.0 –0.1 +0.9
Material 186 107.0 +0.1 –0.1 +1.5
Tractors 79 106.9 –0.4 –0.7 +1.1
Machinery and plant for cultivation 36 108.3 +0.8 +0.5 +2.9
Machinery and plant for harvesting 42 107.5 +0.5 +0.5 +1.2
Utility vehicles 18 104.4 –0.1 –0.8 +1.5
Buildings 50 106.9 –0.1 +0.2 –1.0
  • (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)