Overall producer prices of agricultural products slid in DecemberIndices of agricultural prices - December 2012

In December, overall producer prices of agricul-tural products dipped (-0.6 % compared to November) ; over one year they rose by 14.1 %.

In December, overall producer prices of agricultural products dipped (-0.6 % compared to November) ; over one year they rose by 14.1 %.

Cereal prices slightly decreased in December (-3.2 %), as a result of ample sales, made by different operators willing to benefit from current levels of prices.

cereal – Producer price of cereals

Oleaginous prices did not change much this month (–0.4 %), remaining at a high level. The worldwide rape crop, which is the main oleaginous grain grown in France, was also forecast to decrease slightly this season.

Potato prices doubled in December compared to the same month last year (+119.8 %), 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.

Prices of quality wines increased in December (+2.1 %). Prices of other wines surged by more than 20 % over three months: yields tumbled due to bad weather.

Price of fresh fruits went up strongly in December year-over-year (+39.5 %). Prices of apple and pear were particularly affected, rising respectively by 56 % and 47 %, due to a strong decrease in production in Europe.

vegetable – Producer price of fresh vegetables

Prices of fresh vegetables increased year-over-year (+21.9 %). Salad production was slowed by chilly weather. On the demand side, the domestic consumption was sustained for leeks, carrots and chicories.

pig – Producer prices of pigs ans big cattle

On a seasonally adjusted basis, price of animals weakened in December (-0.9 %). Pig prices (-5.5 %) fell back for the second month in a row : the North-American competition kept on driving down European exportations in the beginning of this month while the domestic demand remained sluggish. Egg prices continued to rise in December (+5.4 %). The European supply was low due to a delay in the implementation of new sanitary standards in some neighbouring countries. The price also reflected the cost of investments agreed and the increase in intermediate consumption (cereals).

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

Base year 2005
Indices of producer prices of agricultural products (IPPAP)
Variation as % over
weights Dec 2012 a month 3 months a year
raw seasonally adjusted data raw
Agricultural goods output 1000 142.8 –0.6 +1.9 +14.1
excluding fruits and vegetables 878 145.2 –0.6 +1.8 +12.9
Crop output (excluding fruits and vegetables) 417 169.9 –0.9 +2.2 +21.5
Cereals 115 241.2 –3.2 –1.2 +35.5
of which soft wheat 63 258.2 –3.5 –0.9 +44.2
grain maize 27 218.8 –2.6 –0.5 +33.6
Potatoes 19 240.4 /// /// +119.8
Wines 161 129.7 +2.1 +8.5 +7.3
quality wines 140 126.9 +1.8 +6.2 +6.2
other wines 21 147.1 +4.1 +22.5 +14.0
Oleaginous 28 219.2 –0.4 –6.8 +14.5
Horticultural products 51 127.2 +0.5 +4.5 +3.8
Other crop products 43 115.6 +0.1 –1.0 +6.0
Fruits and vegetables (1) 122 125.4 /// /// +24.8
Fresh vegetables 61 114.2 /// /// +21.9
Fresh fruits 39 154.1 /// /// +39.5
Animal output 461 122.9 –0.3 +1.4 +3.8
Animals 286 126.0 –0.9 –1.6 +7.4
of which large cattle 108 123.3 +0.7 –1.9 +10.4
calves 29 121.8 +0.4 +2.1 +1.4
pigs 64 117.1 –5.5 –7.2 +5.3
sheep 14 121.6 –3.0 –6.0 –1.2
poultry 59 147.1 +0.4 +2.3 +9.7
of which chicken 26 148.0 +0.7 +1.4 +11.3
Milk 159 107.5 0.0 +5.1 –4.4
of which cow milk (2) 148 106.9 0.0 +5.5 –4.7
Eggs 13 246.5 +5.4 +17.4 +13.4
  • (1) Including vegetables for industry.
  • (2) The price for December is not yet known and therefore is estimated by carrying forward the seasonally adjusted price from November
  • Sources: INSEE - SSP (Ministry of Agriculture)

Purchase price of the means of agricultural production remained stable in December

The prices of intermediate consumptions stabilised in December (+0.1 %). Over one year, prices of animal feed rose by more than 20 %. Investment prices increased slightly (+0.2 %), material for cultivation being more expensive in December.

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 Dec 2012 Variation as % over
a month 3 month a year
Total input 1000 134.1 +0.1 +0.7 +5.7
Goods and services currently consumed in agriculture 758 138.4 +0.1 +0.8 +7.0
Energy (1) 84 152.8 –1.1 –2.2 +3.1
Seeds 51 119.8 +0.4 +1.7 +3.9
Fertilisers and soil improvers 92 167.7 +0.1 +0.3 +1.2
Plant protection products 77 105.8 –0.7 –0.5 +0.6
Animal feed 189 164.7 +0.4 +2.9 +21.7
Veterinary expenses 38 119.0 +0.2 +0.4 +3.0
Small equipment and tools 14 113.7 +0.7 +1.4 +0.4
Maintenance of materials 56 130.9 +0.1 +0.4 +3.5
Maintenance of buildings 9 124.2 0.0 0.0 +1.4
Other goods and services 149 113.1 +0.5 +0.4 +0.5
Goods and services contributing to investment 242 120.5 +0.2 +0.2 +1.3
Material 170 118.0 +0.3 +0.3 +1.7
Tractors 71 113.6 0.0 –0.4 +0.5
Machinery and plant for cultivation 36 122.1 +1.5 +1.8 +3.0
Machinery and plant for harvesting 37 118.9 –0.2 +0.4 +2.4
Utility vehicles 16 114.4 +0.5 +0.5 +1.4
Buildings 72 126.5 0.0 0.0 +0.5
  • (1) The repayment of 5 cents per litre of fuel of the domestic tax on energy products (TICPE) benefiting farmers has been applied in advance for the year 2012
  • Sources : INSEE - SSP (Ministry of Agriculture)