30 January 2015
2015- n° 27Moderate rise in agricultural producer prices in December Indices of agricultural prices - December 2014
In December, overall agricultural producer prices rose (+0.3 %) ; over one year they dropped by 5.5 %.
In December, overall agricultural producer prices rose (+0.3 %) ; over one year they dropped by 5.5 %.
Cereal prices increased in December (+5.4 %). The market operators reacted bullishly further to information about a possible taxation by Russia of its own exports of soft wheat, which finally did not happen.
graphiquecereal – Producer prices of cereals
Oleaginous prices went up again (+11.3 % over the quarter). Rape prices were driven upward by soy prices, which increased noticeably due to the Chinese demand.
Wine prices increased by 2.8 % over one year. The last crop was normal, except in the Languedoc-Roussillon region which was struck by bad weather. So, the prices of common wines, massively produced in this region, rose significantly (+12.9 % over one year).
Potato prices tumbled compared to last year (–42.0 %): the crops in North-Western Europe looked more abundant than last year, due to better yields and the rise in areas under cultivation.
Fresh fruits prices went down in December (-6.8 % over one year). Apples and pears prices decreased : the commercial Russian embargo, estabished last August, led to the saturation of the other European markets.
graphiquevegetable – Producer prices of vegetables
Fresh vegetables prices were almost stable in December (-0.2 % over one year). Chicory prices jumped as a result of the cut in production commited this year. Conversely, shallot prices plumeted : traditional varieties, produced from a bulb, had to compete with hybrids obtained from seed, which are easier to grow.
graphiquepig – Producer prices of pigs and large cattle
On a seasonally adjusted basis, animal prices were almost stable in December (+0.1 %). They deceased by 7.5 % over one year. Pig prices fell by 16.4 % (over one year) due to the Russain sanitary embargo established in January 2014 and to the North-European competition. Over this same period, poultry prices declined (-6.8 %) under pressure from foreign competition ; sheep prices went up (+2.9 %) as a result of the decline in the global production and of the weaker competition from Oceania. Milk prices decreased (-6.8 % over the quarter) due to the loss of the Russian outlet since August for dairy products, and to the worldly rise in milk production.
tableauTab1 – Indices of producer prices of agricultural products (IPPAP)
| Variation as % over | |||||
|---|---|---|---|---|---|
| weights | Dec. 2014 | a month | 3 months | a year | |
| raw | Seasonally adjusted | ||||
| Agricultural goods output | 1000 | 112.7 | +0.3 | +2.3 | –5.5 |
| excluding fruits and vegetables | 900 | 114.2 | +0.5 | +2.3 | –5.8 |
| Crop output (excluding fruits and vegetables) | 505 | 116.3 | +0.5 | +6.4 | –4.9 |
| Cereals | 188 | 116.2 | +5.4 | +19.5 | –3.6 |
| of which soft wheat | 112 | 113.7 | +6.9 | +22.1 | –8.1 |
| grain maize | 41 | 95.4 | +8.0 | +14.4 | –11.2 |
| Potatoes | 26 | 94.9 | /// | /// | –42.0 |
| Wines | 177 | 129.9 | –0.7 | +1.1 | +2.8 |
| Protected designation of origin | 84 | 135.6 | –1.5 | –1.1 | +1.7 |
| other wines | 23 | 147.0 | +0.5 | +11.7 | +12.9 |
| Oleaginous | 49 | 93.3 | +2.7 | +11.3 | –6.4 |
| Horticultural products | 30 | 86.0 | –24.3 | –24.6 | –22.9 |
| Other crop products | 36 | 121.1 | +0.7 | +1.1 | +0.8 |
| Fruits and vegetables (1) | 100 | 99.7 | /// | /// | –2.6 |
| Fresh vegetables | 53 | 91.6 | /// | /// | –0.2 |
| Fresh fruits | 35 | 107.1 | /// | /// | –6.8 |
| Animal output | 395 | 111.5 | +0.5 | –2.6 | –6.9 |
| Animals | 234 | 110.4 | +0.1 | –1.5 | –7.5 |
| of which large cattle | 96 | 115.8 | +1.2 | –1.5 | –5.6 |
| calves | 26 | 112.5 | +2.7 | +5.4 | –1.2 |
| pigs | 54 | 98.6 | –1.9 | –3.1 | –16.4 |
| sheep | 10 | 123.9 | +1.6 | +6.6 | +2.9 |
| poultry | 46 | 108.9 | –1.9 | –4.2 | –6.8 |
| of which chicken | 28 | 108.4 | –2.1 | –4.8 | –7.2 |
| Milk | 147 | 109.9 | 0.0 | –6.8 | –8.5 |
| of which cow milk (2) | 137 | 109.4 | 0.0 | –7.3 | –9.2 |
| Eggs | 15 | 143.4 | +11.1 | +23.1 | +17.0 |
- (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
Overall purchase prices of the means of agricultural production went down in December.
In December, intermediate consumptions prices have been slipping for seven months (–4,4 %). Energy prices fell sharply this month, by 8.0 %, declining by 16.7 % over one year. The decrease was also significant for feed prices (–7.4 % over one year). Investment prices increased a little this month (+0.2 %).
graphiquemeans – Purchase price of the means of agricultural production
tableauTab2 – Indices of purchase prices of the means of agricultural production (IPAMPA)
| weights | Nov. 2014 | Variation as % over | |||
|---|---|---|---|---|---|
| a month | 3 months | a year | |||
| Total input | 1000 | 109.2 | –0.7 | –1.8 | –2.8 |
| Intermediate consumptions | 764 | 110.2 | –1.0 | –2.4 | –3.6 |
| Energy | 100 | 100.6 | –8.0 | –13.6 | –16.7 |
| Seeds | 57 | 108.2 | 0.0 | –0.2 | –0.1 |
| Fertilisers and soil improvers | 92 | 117.7 | +0.8 | +2.4 | +4.8 |
| Plant protection products | 78 | 100.3 | –0.9 | –1.0 | –0.2 |
| Animal feed | 205 | 116.4 | –0.1 | –3.0 | –7.4 |
| Veterinary expenses | 43 | 112.2 | –0.1 | +0.1 | +2.1 |
| Small equipment and tools | 17 | 110.0 | +0.4 | +0.4 | +1.0 |
| Maintenance of materials | 67 | 111.7 | +0.1 | +0.4 | +2.3 |
| Maintenance of buildings | 9 | 106.9 | –0.2 | +0.1 | +0.1 |
| Other goods and services | 97 | 101.7 | 0.0 | 0.0 | +0.1 |
| Goods and services contributing to investment | 236 | 106.4 | +0.2 | +0.4 | +0.1 |
| Material | 186 | 106.5 | +0.2 | +0.6 | +0.1 |
| Tractors | 79 | 105.6 | 0.0 | +1.0 | –0.9 |
| Machinery and plant for cultivation | 36 | 109.1 | +0.7 | +1.3 | +2.0 |
| Machinery and plant for harvesting | 42 | 106.7 | +0.2 | –0.1 | –0.2 |
| Utility vehicles | 18 | 105.0 | +0.7 | –0.1 | +1.9 |
| Buildings | 50 | 106.0 | +0.1 | –0.1 | 0.0 |
- (1) The repayment of the domestic tax on energy products (TICPE) benefiting farmers has been applied in advance for the year 2014
- Sources: Insee - SSP (ministry of agriculture)
Documentation
Methodology (pdf,122 Ko)
Pour en savoir plus
Time series : Indices of agricultural prices
