Overall producer prices of agricultural products decreased in FebruaryIndices of agricultural prices - february 2013

In February, overall producer prices decreased ( 1.1 % compared to January) ; over one year they increased by 6.2 %.

Informations rapides
No 76
Paru le : 29/03/2013
Prochaine parution le : 29/09/2017 at 12:00 - August 2017

In February, overall producer prices decreased (–1.1 % compared to January) ; over one year they increased by 6.2 %.

Cereal prices went down in February (-4.4 %). Good weather in the United States and in Argentina weighed on the world prices. Moreover, significant export capacities for maïze in Brazil and Ukraine also contributed to the drop of the prices of this cereal.

cereal – Producer price of cereals

  • Source : INSEE

Oleaginous prices remained stable at a high level this month. The global supply of rape was not abundant and the demand was contained.

Potato prices doubled in February compared to the same month last year (+96.1 %), due to a marked shortfall of supply in North-Western Europe. The bad weather in August spoiled practically a fifth of the crop in England and led as well to a substantial deficit of production in the Netherlands and in Belgium. The dry weather in France during September decreased the yields.

Wine prices did not change much in February (+0.2 %). Common wines, nevertheless, surged by 12.2 % over one year, the less significant crop this year having led to a decreasing production.

Price of fresh fruits went up strongly in February year-over-year (+47.4 %). Prices of apple and pear rose respectively by 51.6 % and 63.2 %, due to a considerable slump in production in Europe.

vegetable – Producer price of fresh vegetables

  • Source : SSP (Ministry of Agriculture)

Fresh vegetables prices decreased year-over-year (–14.4 %), a move that was explained by the atypical pattern noted at the beginning of last year. Chicory and salades prices went down sharply due to a significant supply. On the other hand, onion prices has been rebounding since the beginning of the selling campaign as a result of decreasing quantities after the previous record harvest.

pig – Producer prices of pigs ans large cattle

On a seasonally adjusted basis, price of animals remained globally stable in February (–0.2 %). Big cattle and calves prices rose as a result of decreasing livestocks. Pig prices dropped due to a tumble in the export demand this month. Egg prices kept on slumping (–8.8 %) after the production had rebounded.

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

base year : 2005
Indices of producer prices of agricultural products (IPPAP)
Variation as % over
weights Feb 2013 a month 3 month a year
raw seasonally adjusted data raw
Agricultural goods output 1000 142.0 –1.1 –2.3 +6.2
excluding fruits and vegetables 878 143.4 –1.4 –3.1 +6.3
Crop output (excluding fruits and vegetables) 417 165.1 –2.0 –4.8 +11.0
Cereals 115 220.3 –4.4 –11.6 +10.6
of which soft wheat 63 238.5 –3.3 –10.9 +15.7
grain maize 27 196.7 –5.6 –12.4 +8.1
Potatoes 19 228.1 /// /// +96.1
Wines 161 130.5 +0.2 +2.7 +7.2
quality wines 140 127.7 0.4 +2.4 +6.3
other wines 21 147.7 –0.6 +4.1 +12.2
Oleaginous 28 217.7 0.0 –1.1 +4.5
Horticultural products 51 135.0 +0.3 +1.5 +0.2
Other crop products 43 115.5 +0.6 +0.2 +10.7
Fruits and vegetables (1) 122 131.8 /// /// +5.9
Fresh vegetables 61 119.7 /// /// –14.4
Fresh fruits 39 156.9 /// /// +47.4
Animal output 461 123.9 –0.5 –1.1 +1.0
Animals 286 127.3 –0.2 +0.2 +6.9
of which large cattle 108 127.2 +2.0 +3.8 +10.8
calves 29 125.8 +1.3 +3.0 +3.8
pigs 64 115.6 –4.4 –7.5 0.0
sheep 14 113.0 –1.2 –5.5 –8.1
poultry 59 149.0 –0.1 +1.7 +12.7
of which chicken 26 150.3 –0.2 +2.2 +14.1
Milk 159 113.9 0.0 –0.5 –5.1
of which cow milk (2) 148 114.3 +0.1 –0.6 –5.5
Eggs 13 174.2 –8.8 –20.8 –23.5
  • (1) Including vegetables for industry.
  • (2) The price for February is not yet known and therefore is estimated by carrying forward the seasonally adjusted price from January
  • Sources: INSEE - SSP (Ministry of Agriculture)

Purchase price of the means of agricultural production did not move much in February.

The prices of intermediate consumptions almost stabilised in February (+0.1 %), as well as investment prices (+0.1 %). Prices of animal feed increased more than 20 % over one year.

means – Purchase price of the means of agricultural production

  • Sources: INSEE - SSP (Ministry of Agriculture)

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 Feb 2013 Variation as % over
a month 3 month a year
Total input 1000 135.0 +0.1 +0.5 +5.1
Goods and services currently consumed in agriculture 758 139.5 +0.1 +0.4 +6.2
Energy 84 162.8 +0.9 +1.6 –0.1
Seeds 51 121.2 +0.4 +1.5 +4.2
Fertilisers and soil improvers 92 167.1 +0.1 –0.2 +0.8
Plant protection products 77 105.1 +0.3 –1.0 +0.6
Animal feed 189 163.8 –0.4 –0.1 +20.4
Veterinary expenses 38 120.7 +0.5 +1.7 +3.3
Small equipment and tools 14 112.5 –0.2 –0.4 +2.5
Maintenance of materials 56 132.2 +0.3 +1.1 +3.4
Maintenance of buildings 9 124.3 0.0 0.0 +0.5
Other goods and services 149 113.4 –0.2 +0.8 +0.8
Goods and services contributing to investment 242 121.2 +0.1 +0.5 +1.4
Material 170 119.2 +0.1 +0.8 +2.5
Tractors 71 116.4 +0.4 +1.3 +3.0
Machinery and plant for cultivation 36 121.5 –0.3 +0.9 +1.9
Machinery and plant for harvesting 37 119.9 0.0 0.0 +3.0
Utility vehicles 16 113.9 +0.2 +0.3 +0.3
Buildings 72 125.8 0.0 0.0 –1.0
  • Sources: INSEE - SSP (Ministry of Agriculture)