Producer prices of agricultural products decrease in april 2012Indices of agricultural prices - April 2012

In April, producer prices of agricultural products decrease compared to March (-0.8 %) but increase by 1.1 % year-over-year.

In April, producer prices of agricultural products decrease compared to March (-0.8 %) but increase by 1.1 % year-over-year

Price of cereals rises slightly in April (+0.8%) and remains at a high level. The one for wheat is stable. The strong frost this winter partly damaged seeds of this cereal in Europe. However, the drop in yield on the European continent would be offset by a forecast of abundant crops in the USA. Price of maize is raised by the international demand.

cereal – Producer price of cereals

Oleaginous price goes up in April (+4.9%). The cold spell also caused damage to rape. Sunflower price follows the same movement, these two goods being partially substituable.

Potato price falls in April year-over-year (–39.2 %). The harvests were carried out this fall ; more surface areas were devoted to the culture of potatoes in North-West Europe and the yields were higher than last year.

Wine price increases sligthly in April (+0.4 %).

Price of fresh fruits increases slightly year-over-year (+1.5 %). Strawberry is more expensive due to a supply marked by a decreasing national production : the fresh weather of April slowed the maturity of the fruits. The apple is moderatly exported due to European competition ; its price decreases as a result.

vegetable – Producer price of fresh vegetables

The price of fresh vegetable is higher in April that at the same period last year (+5.8 %). On the supply side, the severe winter weather decreased the potential for harvest regarding vegetables grown in open country (carrot, leek and salad). The production of asparagus was slowed by cool temperatures. On the other hand, the price of onion has fallen since the over-abundant harvest during the last campaign. On the demand side, consumers steered clear of tomatoes and cucumbers this month due to the dull weather.

pig – Producer prices of pigs and large cattle

Price of animal goes down in April (-1.2 %) on a seasonally adjusted basis. The one of pork decreases noticeably due to European competition and a sluggish demand.

Price of eggs goes down this month, the supply reinflating progressively. It stays however on a sharp rise year-over-year (+161.6%), as a result of a sharp cut in the production : a European directive has ordered compliance to a new standard for hen coops, reducing the number of animals.

tab1 – Indice of producer prices of agricultural products (IPPAP)

100 = 2005
Indice of producer prices of agricultural products (IPPAP)
Variation as % over :
weights April 2012 a month 3 months a year
raw seasonally adjusted data raw
Agricultural goods output 1000 131.6 –0.8 +4.1 +1.1
excluding fruits and vegetables 878 133.6 –0.4 +2.7 +0.8
Crop output (excluding fruits and vegetables) 417 146.8 +0.8 +2.5 –4.8
Cereals 115 200.8 +0.8 +3.8 –10.1
of which soft wheat 63 207.4 –0.1 +5.3 –14.8
grain maize 27 185.8 +2.4 +4.6 –10.1
Potatoes 19 109.1 /// /// –39.2
Wines 161 121.6 +0.4 +0.2 +0.6
quality wines 140 120.3 +0.5 +0.4 +0.1
other wines 21 129.7 +0.3 –0.7 +4.1
Oleaginous 28 226.4 +4.9 +11.3 +6.6
Horticultural products 51 109.7 +1.9 +1.8 +7.0
Other crop products 43 105.8 +1.3 +1.1 –0.6
Fruits and vegetables (1) 122 117.5 /// /// +3.6
Fresh vegetables 61 118.6 /// /// +5.8
Fresh fruits 39 117.7 /// /// +1.5
Animal output 461 121.6 –1.7 +2.9 +7.7
Animals 286 119.0 –1.2 +0.6 +2.9
of which large cattle 108 116.2 –0.2 +3.0 +11.8
calves 29 119.4 –1.4 –0.8 +2.7
pigs 64 111.0 –4.9 –1.9 –2.9
sheep 14 120.9 –1.7 –2.0 +0.8
poultry 59 134.1 +0.6 +0.6 –3.4
of which chicken 26 133.3 +0.9 +0.9 –2.6
Milk 159 110.9 0.0 +2.9 +3.1
of which cow milk (2) 148 111.6 0.0 +3.1 +3.3
Eggs 13 309.1 –11.9 +26.5 +161.6
  • (1) Including vegetables for industry.
  • (2) The price for march is not yet known and therefore is estimated by carrying forward the seasonally adjusted price of february.
  • Sources: INSEE - SSP (department of Agriculture)

Purchase price of the means of agricultural production increases slightly in April.

The price of intermediate consumptions rises month-over-month (+0.3 %), as the increasing prices of several inputs were partly offset by the decreasing price of the fuel. Price of investment is almost stable in April.

Moyens_prod – Purchase prices of the means of agricultural production

tab2 – Indice of purchase prices of the means of agricultural production (IPAMPA)

100=2005
Indice of purchase prices of the means of agricultural production (IPAMPA)
weights April 2012 Variation as % over
a month 3 months a year
Total input 1000 128.9 +0.3 +1.3 +1.8
Goods and services currently consumed in agriculture 758 131.9 +0.3 +1.6 +2.1
Energy (1) 84 156.1 –1.6 +1.9 +7.0
Seeds 51 116.8 +0.1 +0.6 +4.2
Fertilisers and soil improvers 92 166.8 +0.4 +0.9 +5.9
Plant protection products 77 106.2 +0.5 +1.4 +0.5
Animal feeding stuffs 189 139.8 +1.4 +3.8 –1.8
Veterinary expenses 38 117.2 +0.3 +0.9 +2.9
Small equipment and tools 14 110.9 +0.5 –0.4 +1.6
Maintenance of materials 56 128.1 +0.1 +0.2 +2.3
Maintenance of buildings 9 123.4 0.0 0.0 +1.9
Other goods and services 149 112.8 +0.1 +0.4 +1.4
Goods and services contributing to investment 242 119.5 +0.1 +0.3 +0.9
Material 170 116.6 +0.2 +0.5 +1.1
Tractors 71 113.6 +0.2 +0.6 +1.2
Machinery and plant for cultivation 36 118.9 –0.1 +0.2 –0.3
Machinery and plant for harvesting 37 117.2 +0.5 +0.8 +1.5
Utility vehicles 16 113.6 0.0 +0.4 +1.8
Buildings 72 126.2 0.0 0.0 +0.4
  • (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 (department of Agriculture)