Overall producer prices of agricultural products decreased in AugustIndices of agricultural prices - August 2013

In August 2013, overall producer prices of agricultural products decreased by 2.0 % compared to July ; over one year they dropped by 1.0%.

Informations rapides
No 225
Paru le : 30/09/2013

In August 2013, overall producer prices of agricultural products decreased by 2.0 % compared to July ; over one year they dropped by 1.0%.

Cereal prices continued to drop in August (–5.8 %), as a result of record harvests in the Northern hemisphere.

cereal – Production prices of cereals

Oleaginous prices noticeably went down this month (–9.6 %). The Ukrainian competition strongly weighed down on sunflower prices while significant harvests of rape were expected in Canada.

Wine prices slightly decreased in August compared to July (-0.7 %), but stayed at a high level year-over-year (+12.4%). The prices for some PDO wines were sustained by the export demand. The less significant crop last autumn explained the rise of other wines prices over a year.

Fresh fruits prices surged year-over-year (+22.0 %). The peaches and the plum became more expensive. Bad weather conditions had decreased their yields while Spanish peaches did not congest the supply. Moreover, the demand for these two fruits was sustained by the hot weather in August. The early varieties of apple easily sold through export, as the supply was limited at the European scale. Conversely, the pear, whose prices stagnated, was more affected by the competition of Italy and Spain.

vegetable – Production prices of fresh vegetables

Fresh vegetables prices did not change much year-over-year (+1.4 %). On the supply side, the production of melons, delayed by a dull weather, arrived massively this month. Garlic prices tumbled due to the foreign competition. On the demand side, consumers turned away a little from stalls of tomatoes, partly falling back on the production from family gardens. The commercial demand stayed strong for cucumbers and courgettes.

pig – Production prices of pigs and big cattle

On a seasonally adjusted basis, animals prices dropped in August (-0.6 %). Big cattle prices decreased due to a sluggish demand. On the other hand, pig prices noticeably increased : the supply hardly kept up with the demand at the European level. Egg prices dipped again in August, with the production staying at a high level.

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

Base year : 2010
Indices of producer prices of agricultural products (IPPAP)
Variation as % over
weights August 2013 a month 3 month a year
raw Seasonally adjusted data raw
Agricultural goods output 1000 120.5 –2.0 –4.0 –1.0
excluding fruits and vegetables 900 122.1 –1.6 –3.4 –1.8
Crop output (excluding fruits and vegetables) 502 120.5 –2.5 –7.4 –6.7
Cereals 190 116.0 –5.8 –15.6 –27.4
of which soft wheat 113 111.4 –4.3 –20.0 –29.8
grain maize 42 117.7 –11.5 –10.7 –24.8
Potatoes 26 236.5 /// /// +160.0
Wines 171 118.6 –0.7 +0.3 +12.4
Protected designation of origine 135 118.0 –0.3 +0.8 +12.0
other wines 36 120.6 –2.5 –1.6 +14.0
Oleaginous 49 96.6 –9.6 –21.6 –30.6
Horticultural products 31 104.9 +0.9 –0.1 +4.1
Other crop products 34 116.6 –0.7 –0.4 –0.7
Fruits and vegetables (1) 100 104.5 /// /// +9.8
Fresh vegetables 51 89.6 /// /// +1.4
Fresh fruits 41 126.0 /// /// +22.0
Animal output 398 124.2 –0.5 +2.3 +4.9
Animals 234 127.2 –0.6 +1.7 +3.3
of which large cattle 96 131.2 –3.5 –1.6 +1.7
calves 26 104.9 –1.6 –4.4 –1.5
pigs 54 138.7 +4.6 +12.4 +5.9
sheep 10 120.4 +0.1 +6.8 +14.2
poultry 44 120.9 –0.4 –1.7 +3.8
of which chicken 18 122.4 –0.4 –1.5 +3.8
Milk 149 122.5 0.0 +3.9 +13.1
of which cow milk (2) 139 123.9 0.0 +4.1 +13.6
Eggs 15 93.7 –2.1 –2.8 –34.9
  • (1) Including vegetables for industry.
  • (2) The price for August is not yet known and therefore is estimated by carrying forward the seasonally adjusted price from July
  • Sources: INSEE - SSP (Ministry of Agriculture)

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

The prices of intermediate consumptions continued to decrease in August (-0.5 %). Prices for fertilisers and for animal feeds dropped, whereas those of energy rose. Investment prices were almost stable (+0.1 %).

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 August 2013 Variation as % over
a month 3 month a year
Total input 1000 114.1 –0.4 –1.2 –0.1
Intermediate consumptions 755 116.8 –0.5 –1.6 –0.7
Energy (1) 102 120.8 +1.5 +3.1 –3.7
Seeds 67 108.4 +0.3 0.0 +4.5
Fertilisers and soil improvers 100 119.6 –0.9 –7.1 –7.0
Plant protection products 83 101.0 –0.2 +0.1 +0.3
Animal feed 211 131.4 –1.8 –3.4 +0.2
Veterinary expenses 50 109.1 +0.1 +0.5 +3.1
Small equipment and tools 16 109.4 +0.1 +0.9 +2.6
Maintenance of materials 65 108.8 0.0 +0.4 +2.3
Maintenance of buildings 9 106.7 –0.1 –0.3 +0.6
Other goods and services 52 102.3 0.0 +0.1 +0.5
Goods and services contributing to investment 245 105.9 +0.1 +0.2 +1.8
Material 193 105.6 +0.3 +0.5 +2.3
Tractors 82 105.5 +0.1 0.0 +1.3
Machinery and plant for cultivation 37 106.5 +1.1 +1.9 +4.6
Machinery and plant for harvesting 43 106.3 0.0 +0.5 +2.4
Utility vehicles 19 103.0 –0.1 +0.5 +0.7
Buildings 52 106.7 –0.6 –1.2 –0.1
  • (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)