29 May 2015
2015- n° 132Overall agricultural producer prices almost stable in April 2015 Indices of agricultural prices - April 2015
Cereal prices fell in April (-1.9%). Good weather conditions in the United-States and Europe suggested a bountiful harvest.
In April 2015, overall agricultural prices increased by 0.1 % compared to March ; over one year they decreased by 6.9 %
Cereal prices fell in April (-1.9%). Good weather conditions in the United-States and Europe suggested a bountiful harvest.
graphiquecereal – Producer prices of cereals
In april, oilseed prices continued to rise (+1.9%); they increased over seven months by more than 20%. The demand for crushing was strong while production was expected to decline this year, due to cuts in planted area for rapeseed and, for sunflower, lower yields expected in the Black Sea region.
Wine prices dipped over one year (-1.7 %). The last harvest was good, except in the Languedoc-Roussillon region. Consequently, the prices of common wines, massively produced in this region, rose significantly (+17.7% yoy). Conversely, prices of PDO (protected designation of origin) wines decreased over one year (–7.5%).
The price of potato plummeted from the previous year (–25.6%): crops in North-West Europe were more abundant in 2014 than in 2013, due to higher yields.
Fresh fruits prices increased compared to last year (+5.8%). The strawberry continued its marketing season with a higher price than the same period last year, reflecting a moderate foreign competition and a demand driven by a mild and sunny weather in April.
graphiquevegetable – Producer prices of vegetables
Fresh vegetable prices grew yoy (+12.4%). Those for lettuces, endives rose sharply due to significant cuts in their planted areas. The price of tomatoes increased also yoy : the mild April weather sharpened the demand while the supply fell compared to last year, due to declining importations.
graphiquepig – Producer prices of pigs and large cattle
On a seasonally adjusted basis, animals prices were almost stable in April (+0.2%), but went down significantly yoy (-7.1%). Pig prices fell over this period (-15.9 %), reflecting overproduction in Western European countries regarding the internal consumption and the limited outlets for exportations to other countries, with noticeably the Russian embargo still in force. Cow milk price sank over one year (–18.8 %): the Asian demand slowed down while the Russian embargo reduced the export market.
tableauTab1 – Indices of producer prices of agricultural products (IPPAP)
| Variation as % over | |||||
|---|---|---|---|---|---|
| weights | April 2015 | a month | 3 months | a year | |
| raw | Seasonally adjusted | ||||
| Agricultural goods output | 1000 | 110.4 | +0.1 | –0.6 | –6.9 |
| excluding fruits and vegetables | 900 | 110.8 | –0.2 | –0.9 | –8.3 |
| Crop output (excluding fruits and vegetables) | 505 | 114.8 | –0.4 | –1.7 | –6.7 |
| Cereals | 188 | 107.3 | –1.9 | –7.6 | –11.9 |
| of which soft wheat | 112 | 105.4 | –2.9 | –8.4 | –14.2 |
| grain maize | 41 | 93.5 | +0.3 | +1.5 | –15.0 |
| Potatoes | 26 | 97.0 | /// | /// | –25.6 |
| Wines | 177 | 129.9 | +0.2 | +0.6 | –1.7 |
| Protected designation of origin | 84 | 133.5 | –0.4 | –0.1 | –7.5 |
| other wines | 23 | 154.5 | +2.6 | +4.1 | +17.7 |
| Oleaginous | 49 | 102.4 | +1.9 | +7.3 | –2.5 |
| Horticultural products | 30 | 102.9 | –1.5 | +0.1 | –0.5 |
| Other crop products | 36 | 119.3 | –0.3 | +0.7 | –1.3 |
| Fruits and vegetables (1) | 100 | 106.5 | /// | /// | +8.6 |
| Fresh vegetables | 53 | 101.9 | /// | /// | +12.4 |
| Fresh fruits | 35 | 109.9 | /// | /// | +5.8 |
| Animal output | 395 | 105.7 | –0.1 | +0.2 | –10.3 |
| Animals | 234 | 113.7 | +0.2 | +1.0 | –7.1 |
| of which large cattle | 96 | 119.2 | +0.1 | +0.7 | –4.4 |
| calves | 26 | 108.0 | –2.7 | –2.8 | –5.2 |
| pigs | 54 | 108.0 | +2.0 | +4.1 | –15.9 |
| sheep | 10 | 124.5 | –0.8 | 0.0 | –1.0 |
| poultry | 46 | 110.0 | +0.4 | +1.1 | –4.5 |
| of which chicken | 28 | 110.2 | +0.2 | +1.4 | –4.4 |
| Milk | 147 | 92.2 | 0.0 | +0.2 | –17.6 |
| of which cow milk (2) | 137 | 91.4 | 0.0 | +0.3 | –18.8 |
| Eggs | 15 | 112.7 | –5.2 | –10.7 | +7.9 |
- (1) Including vegetables for industry.
- (2)The price for April is not yet known and therefore is estimated by carrying forward the seasonally adjusted price of March
- Sources : Insee - SSP (ministry of agriculture)
The purchase price of production means increased a little in April
In April, intermediate consumption price was almost stable (+0.1%). Energy and feed prices have rallied for three months (+9.3% and +1.3%) after having plummeted during six months (roughly -20% and -8%). Investment price significantly rose in April (+0.5%).
graphiquemeans – Purchase price of agricultural production means
tableauTab2 – Indices of agricultural production means purchase prices (IPAMPA)
| weights | March 2015 | Variation as % over | |||
|---|---|---|---|---|---|
| a month | 3 months | a year | |||
| Total input | 1000 | 110.8 | +0.2 | +1.6 | –2.0 |
| Intermediate consumptions | 764 | 112.2 | +0.1 | +1.9 | –2.7 |
| Energy | 100 | 104.4 | 0.0 | +9.3 | –10.8 |
| Seeds | 57 | 108.8 | –0.1 | +0.1 | 0.0 |
| Fertilisers and soil improvers | 92 | 123.0 | +0.3 | +2.5 | +3.1 |
| Plant protection products | 78 | 100.9 | +0.5 | +1.2 | –0.2 |
| Animal feed | 205 | 118.5 | 0.0 | +1.3 | –6.2 |
| Veterinary expenses | 43 | 113.0 | 0.0 | –0.3 | +1.9 |
| Small equipment and tools | 17 | 108.0 | +0.2 | –0.2 | –0.1 |
| Maintenance of materials | 67 | 113.0 | +0.1 | +0.6 | +1.5 |
| Maintenance of buildings | 9 | 106.7 | 0.0 | +0.2 | –0.1 |
| Other goods and services | 97 | 102.2 | 0.0 | +0.1 | 0.0 |
| Goods and services contributing to investment | 236 | 106.7 | +0.5 | +0.7 | +0.2 |
| Material | 186 | 107.4 | +0.7 | +0.8 | +0.6 |
| Tractors | 79 | 107.3 | +1.3 | +1.2 | +0.3 |
| Machinery and plant for cultivation | 36 | 109.4 | –0.2 | +0.4 | +1.8 |
| Machinery and plant for harvesting | 42 | 107.5 | +0.4 | +0.7 | +0.6 |
| Utility vehicles | 18 | 104.8 | 0.0 | 0.0 | +0.2 |
| Buildings | 50 | 104.2 | 0.0 | +0.2 | –1.3 |
- (1) The repayment of the domestic tax on energy products (TICPE) benefiting farmers has been applied in advance for the year 2015
- Sources: Insee - SSP (ministry of agriculture)
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Time series : Indices of agricultural prices
