Overall producer price of agricultural products increased in SeptemberIndices of agricultural prices - September 2012

Price of cereals stabilized at a high level (–0.5% over one month). The decrease in crop in the Black Sea region, as well as a lack of rain in Australia, kept the price of wheat up. Conversely, the crop of maize in the Northern hemisphere raised the available quantities, leading to a decrease in its price.

In September, overall producer price of agricultural products increased by 3.6 % compared to August ; year-over-year it rose by 10.7%

Price of cereals stabilized at a high level (–0.5% over one month). The decrease in crop in the Black Sea region, as well as a lack of rain in Australia, kept the price of wheat up. Conversely, the crop of maize in the Northern hemisphere raised the available quantities, leading to a decrease in its price.

cereal – Producer price of cereals

Price of oleaginous also remained firm (+0.1 %), due to a high demand for feed oil.

Price of potatoes went up strongly year-over-year (+81.3 %). The new crop was less considerable than last year in North-Western Europe.

Price of wine rose in September (+1.1 %), due to quality wine (+1.9 %).

The producers of seeds, as well as those of tree nursery, raised their annual prices in September.

Price of fresh fruits increased year-over-year (+16.2 %) in September. Peach and plum became more expensive : the quantities put on sale for these were more in line with the demand than last year. The prices of apple and pear noticeably rose as a result of a sharp decrease in production for these two fruits in Europe.

vegetable – Producer price of fresh vegetables

Price of fresh vegetables rose year-over-year (+16.4 %). Prices of tomato, salad and onion went up due to a decreasing production this season and to a moderate foreign competition for tomato. On the other hand melon did not sell well.

pig – Producer price of pigs and large cattle

On a seasonally adjusted basis, price of animals went up in September (+2.8 %). Price of pigs kept up rising (+10.8%), reflecting a dropping national supply : the lack of profitability in this sector has led to a progressive decline in production for several months. Price of poultry partly reflected the increase in price of chicken feed.

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

Base year 2005
Indices of producer prices of agricultural products (IPPAP)
Variation as % over:
weights September 2012 a month 3 months a year
raw seasonally adjusted data raw
Agricultural goods output 1000 143.0 +3.6 +7.9 +10.7
excluding fruits and vegetables 878 145.7 +2.9 +8.5 +10.3
Crop output (excluding fruits and vegetables) 417 164.9 +3.7 +14.0 +14.4
Cereals 115 244.0 –0.5 +20.8 +22.7
of which soft wheat 63 260.6 –0.1 +21.2 +30.3
grain maize 27 219.9 –2.3 +22.1 +18.2
Potatoes 19 218.0 /// /// +81.3
Wines 161 122.4 +1.1 +0.7 +2.0
quality wines 140 122.7 +1.9 +1.9 +3.5
other wines 21 120.4 –3.7 –6.5 –7.2
Oleaginous 28 235.3 +0.1 +8.8 +19.1
Horticultural products 51 103.6 +2.1 +2.9 –1.0
Other crop products 43 115.1 +5.0 +9.1 +3.9
Fruits and vegetables (1) 122 122.9 /// /// +14.4
Fresh vegetables 61 120.0 /// /// +16.4
Fresh fruits 39 135.3 /// /// +16.2
Animal output 461 128.4 +1.9 +2.5 +5.9
Animals 286 131.2 +2.8 +7.6 +14.0
of which large cattle 108 126.0 –0.4 +3.4 +16.3
calves 29 117.6 –0.3 –0.6 –0.7
pigs 64 139.2 +10.8 +22.2 +31.1
sheep 14 121.8 +2.0 +7.7 +6.2
poultry 59 145.9 +3.0 +6.9 +6.7
of which chicken 26 145.7 +3.0 +7.6 +7.0
Milk 159 116.9 0.0 –6.5 –8.5
of which cow milk (2) 148 117.3 0.0 –7.0 –9.0
Eggs 13 208.2 +2.0 –1.5 +18.8
  • (1) Including vegetables for industry.
  • (2) The price for September is not yet known and therefore is estimated by carrying forward the seasonally adjusted price of August.
  • Sources: INSEE - SSP (ministry of agriculture)

Purchase price of the means of agricultural production increased in September

The price of intermediate consumptions rose over one month (+1.2 %) mainly as a result of higher prices for animal feeding stuffs. Year-over-year, it went up by 4.7 %, due to those same products and energy too. On the other hand, price of investment slightly decreased (–0.3%).

means – Purchase price of the means of agricultural production

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

Base year 2005
Indices of purchase prices of the means of agricultural production (IPAMPA)
weights September 2012 Variation as % over
a month
Total input 1000 133.0 +0.9 +3.4 +4.7
Goods and services currently consumed in agriculture 758 137.2 +1.2 +4.4 +5.9
Energy (1) 84 155.7 0.0 +9.6 +9.7
Seeds 51 117.7 +0.9 +0.5 +2.2
Fertilisers and soil improvers 92 167.0 +0.5 +1.5 +2.3
Plant protection products 77 106.7 –0.3 0.0 +0.1
Animal feeding stuffs 189 159.9 +4.3 +10.9 +14.2
Veterinary expenses 38 118.2 +0.2 +0.4 +2.8
Small equipment and tools 14 111.9 –0.3 0.0 –0.5
Maintenance of materials 56 130.4 0.0 +0.7 +3.6
Maintenance of buildings 9 124.0 0.0 –0.2 +1.9
Other goods and services 149 112.5 –0.8 –0.4 +0.3
Goods and services contributing to investment 242 120.0 –0.3 0.0 +1.2
Material 170 117.2 –0.3 +0.2 +1.3
Tractors 71 114.0 –0.3 +0.2 +1.0
Machinery and plant for cultivation 36 119.7 0.0 +0.2 +1.3
Machinery and plant for harvesting 37 116.6 –1.9 –0.6 +0.5
Utility vehicles 16 113.6 –0.2 –0.4 +1.5
Buildings 72 126.7 –0.2 –0.5 +0.9
  • (1) The repayment of 5 cents per litre of fuel of the domestic tax on energetical products (TICPE) benefiting farmers has been applied in advance for the year 2012
  • Sources : Insee - SSP (ministry of agriculture)