Overall producer prices of agricultural products were stable in MayIndices of agricultural prices - mai 2013

In May 2013, overall producer prices of agricultural products stagnated ; over one year they decreased by 9.0%.

Informations rapides
No 151
Paru le : 28/06/2013

In May 2013, overall producer prices of agricultural products stagnated ; over one year they decreased by 9.0%.

Cereal prices went down slightly in May (–0.5 %), while staying at a high level. The forecasts of maïze and wheat crops, based on the extent of sowed areas, went up compared to last year, but those expectations have not yet materialised due to bad weather conditions in the main areas of cereals growing in the Northern hemisphere.

cereal – Producer prices of cereals

Oleaginous prices stagnated in May

Potatoes prices doubled in May compared to the same month last year (+122.1 %), due to a marked shortfall of supply in North-Western Europe.

Wine prices did not change in May compared to April (+0.1 %) but surged over one year, by more than 10 %. 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 rose year-over-year (+17.4 %). The price of apple increased due to a considerable slump in production in Europe. Cold and wet weather during May hindered the productions of strawberries and cherries. Finally, prices of these two fruits increased despite a little inclined consumption, due to the dull weather.

vegetable – Producer prices of fresh vegetables

The prices of fresh vegetables increased year-over-year (+7.3 %). On the supply side, the lack of luminosity slowed the greenhouse cultivation of cucumbers and courgettes ; cool temperatures also delayed the growing of cauliflowers and asparagus. The last crop of onions was less abundant than the previous one. Quantities were higher for chicories whose price went up. On the demand side, the leek consumption benefited from the cool weather and, conversely, the tomatoes one was affected.

pig – Producer prices of pigs and big cattle

On a seasonally adjusted basis, price of animals increased a little in April (-1.2 %), due to a sluggish domestic consumption and the foreign competition that limited the export demand (for pigs). Egg prices have been tumbling for five months, as a consequence of the recovery of the production capacities.

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

base year 2010
Indices of producer prices of agricultural products (IPPAP)
Variation as % over
weights May 2013 a month 3 month a year
raw Seasonally adjusted data raw
Agricultural goods output 1000 123.5 0.0 +1.0 +9.0
excluding fruits and vegetables 900 124.3 –0.3 +1.0 +8.9
Crop output (excluding fruits and vegetables) 502 132.3 +0.3 +1.2 +13.3
Cereals 190 142.2 –0.5 –1.1 +10.3
of which soft wheat 113 145.3 –0.4 0.0 +15.1
grain maize 42 131.4 –1.2 –4.0 +5.2
Potatoes 26 216.3 /// /// +122.1
Wines 171 118.1 +0.1 +1.7 +10.9
Protected designation of origine 135 116.9 +0.5 +2.3 +10.3
other wines 36 122.5 –1.3 –0.2 +13.1
Oleaginous 49 127.1 0.0 –1.0 –1.5
Horticultural products 31 107.5 +3.2 +0.3 +3.9
Other crop products 34 113.7 –0.1 –2.7 +3.9
Fruits and vegetables (1) 100 116.4 /// /// +10.2
Fresh vegetables 93 115.4 /// /// +7.3
Fresh fruits 41 119.4 /// /// +17.4
Animal output 398 114.2 –1.1 +0.6 +3.1
Animals 234 123.7 –1.2 +0.1 +7.2
of which large cattle 96 132.1 +0.2 +1.5 +8.5
calves 26 110.0 –3.6 –3.4 +2.4
pigs 54 118.5 –4.3 –2.1 +4.6
sheep 10 115.4 +5.2 +11.4 +9.3
poultry 44 123.5 –0.1 –0.4 +10.3
of which chicken 18 125.6 0.0 +0.1 +12.1
Milk 149 101.0 0.0 +5.2 +3.6
of which cow milk (2) 139 101.4 0.0 +5.7 +3.7
Eggs 15 96.4 –10.1 –27.1 –43.6
  • (1) Including vegetables for industry.
  • (2) The price for May is not yet known and therefore is estimated by carrying forward the seasonally adjusted price from April
  • Sources: INSEE - SSP (Ministry of Agriculture)

Purchase prices of the means of agricultural production decreased a little in May.

Prices of intermediate consumptions dipped in April (–0.2 %) while prices of investments were stable. Prices of feed for animals took a drop (-0.4 %) but rose over one year by more than 10%.

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 May 2013 Variation as % over
a month
Total input 1000 115.8 –0.2 –0.8 +3.9
Intermediate consumptions 755 119.0 –0.2 –1.1 +4.5
Energy (1) 102 117.1 –0.5 –5.2 –2.6
Seeds 67 108.5 +0.2 +0.7 +4.9
Fertilisers and soil improvers 100 128.7 –0.8 –0.6 0.0
Plant protection products 83 101.3 +0.2 +1.5 +1.2
Animal feed 211 136.1 –0.4 –1.9 +12.4
Veterinary expenses 50 108.6 +0.4 +0.8 +2.7
Small equipment and tools 16 108.3 +0.1 +0.7 +2.9
Maintenance of materials 73 108.4 +0.2 +0.5 +3.3
Maintenance of buildings 9 107.0 0.0 +0.1 +1.2
Other goods and services 52 105.9 +0.1 +0.6 +2.2
Goods and services contributing to investment 245 105.8 0.0 +0.2 +2.0
Material 193 105.1 0.0 +0.1 +2.4
Tractors 82 105.5 0.0 –0.1 +1.8
Machinery and plant for cultivation 37 104.4 +0.1 –0.1 +4.0
Machinery and plant for harvesting 43 105.8 –0.2 +0.5 +2.8
Utility vehicles 19 102.5 0.0 –0.1 +0.1
Buildings 52 108.3 0.0 +0.6 +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)