31 May 2016
2016- n° 148On April 2016, overall producer prices of agricultural products fell back by 0.6 % Indices of agricultural prices - April 2016
In April 2016, overall agricultural producer prices fell back (−0.6% after +1.9% in March) mainly because of animal prices. Over one year, they dropped by 2.0%.
In April 2016, overall agricultural producer prices fell back (−0.6% after +1.9% in March) mainly because of animal prices. Over one year, they dropped by 2.0%.
Cereal and oleaginous prices bounced back
Cereal prices rallied in April (+1.5%). The demand for French wheat was sustained this month, noticeably from Maghreb. However the abundance of the global supply continued to weigh down on prices (−15.6% over one year).
graphiquecereal – Producer prices of cereals
- Source: INSEE
Oleaginous prices picked up in April (+3.5%). The expected decrease in the global rape production this year, noticeably due to the Canadian decline, supported its prices. Furthermore, the demand for rape oil, as a substitute for hydrocarbon fuels, was strong, following the rebound of oil prices and the surge in palm oil price for three months.
Hike rise in potato prices, rise for vegetables and dip for fresh fruits
Potatoe prices more than doubled (+110.3%) in April over one year. The 2015 crop reached its long-term average whereas the previous one was exceptional.
Fresh vegetables prices increased again compared to last year, albeit less than in March (+4.2% after +22.7%) mostly driven by cauliflower whose price nearly tripled. The mild temperatures in the autumn 2015 had hastened the production of this vegetable, whose volume harvested in April continued to fall.
By contrast, fresh fruits prices slipped back in April over one year (−3.7%). Consumers turned aside from strawberry as a result of the dull weather.
graphiquevegetable – Producer prices of fresh vegetables
- Source: SSP (ministry in charge of agriculture)
Further fall in animal prices again
On a seasonaly adjusted basis, animal prices declined over one month (−1.2%). Big cattle prices dipped in April (−1.4%) and lessened over one year (−2.8%) reflecting a sluggish demand. Pig prices stagnated at a low level because of the strain of European competition.
graphiquepig – Producer prices of pigs and large cattle
- Source: INSEE
Cow milk prices plunged by 10.0% over one year, reflecting overproduction. Egg prices strongly declined, following the return of American production to the international market; the United-States had been stricken in 2015 by avian flue.
tableauTab1 – Indices of producer prices of agricultural products (IPPAP)
| Variation as % over | |||||
|---|---|---|---|---|---|
| Weights | April 2016 | a month | 3 month | a year | |
| Agricultural goods output | 1000 | 109.9 | -0.6 | +0.5 | -2.0 |
| excluding fruits and vegetables | 900 | 110.1 | -0.1 | -0.8 | -2.3 |
| Crop output (excluding fruits and vegetables) | 505 | 113.8 | +0.9 | -0.4 | 0.0 |
| Cereals | 188 | 90.6 | +1.5 | -5.4 | -15.6 |
| of which soft wheat | 112 | 85.2 | +0.9 | -7.5 | -19.2 |
| grain maize | 41 | 91.6 | +4.2 | +0.9 | -2.0 |
| Potatoes | 26 | 193.5 | /// | /// | +110.3 |
| Wines | 177 | 133.1 | -0.2 | +1.4 | +2.5 |
| Protected designation of origin | 84 | 142.3 | -0.2 | +2.8 | +6.5 |
| other wines | 23 | 143.9 | -0.8 | -1.1 | -5.9 |
| Oleaginous | 49 | 97.3 | +3.5 | -0.7 | -5.0 |
| Horticultural products | 30 | 110.4 | -3.2 | +2.2 | +3.5 |
| Other crop products | 36 | 107.8 | +0.2 | -0.4 | +0.3 |
| Fruits and vegetables (1) | 100 | 107.4 | /// | /// | +0.8 |
| Fresh vegetables | 53 | 106.2 | /// | /// | +4.2 |
| Fresh fruits | 35 | 105.8 | /// | /// | -3.7 |
| Animal output | 395 | 105.5 | -1.2 | -1.1 | -5.2 |
| Animals | 234 | 109.7 | -1.2 | -3.0 | -3.3 |
| of which large cattle | 96 | 116.0 | -1.4 | -2.2 | -2.8 |
| calves | 26 | 110.1 | -3.3 | -2.4 | +2.0 |
| pigs | 54 | 97.9 | +0.3 | -6.5 | -9.1 |
| sheep | 10 | 111.6 | -4.5 | -4.6 | -6.6 |
| poultry | 46 | 110.4 | -0.2 | -0.7 | +0.4 |
| of which chicken | 28 | 110.1 | 0.0 | -0.5 | -0.1 |
| Milk | 147 | 98.3 | /// | +2.5 | -9.3 |
| of which cow milk (2) | 137 | 97.4 | /// | +2.7 | -10.0 |
| Eggs | 15 | 108.8 | -13.2 | -4.3 | -1.4 |
- * Except for fresh fruits and vegetables
- (1) Including vegetables for industry.
- (2)The March value of cow milk price indice is carried forward in April
- Sources: INSEE, SSP (ministry in charge of agriculture)
Purchase prices of means of production decreased in April
In April, intermediate consumption prices weakened slightly (−0.2%) under the opposite effects of energy prices kept on rallying (+0.8% after +4.5%) and various agricultural input prices still a downward trend. Over one year, intermediate consumption prices dropped by 4.5%, driven down by the slump in energy prices (−15.8%) and the diminishing prices of feed (−5.7%) and fertilisers (−8.7%). Capital goods prices decreased by 0.9% over one month and by 0.8% over one year.
graphiquemeans – Purchase prices of the means of agricultural production
- Sources: INSEE, SSP (ministry in charge of agriculture)
tableauTab2 – Indices of purchase prices of the means of agricultural production (IPAMPA)
| Weights | April 2016 | variation as % over | |||
|---|---|---|---|---|---|
| a month | 3 month | a year | |||
| Total input | 1000 | 106.6 | -0.4 | -0.7 | -3.8 |
| Intermediate consumptions | 764 | 107.0 | -0.2 | -0.6 | -4.5 |
| Energy | 100 | 88.4 | +0.8 | +5.2 | -15.8 |
| Seeds | 57 | 108.0 | +0.1 | -0.2 | -0.6 |
| Fertilisers and soil improvers | 92 | 111.9 | -0.9 | -1.8 | -8.7 |
| Plant protection products | 78 | 100.5 | +0.6 | +0.7 | -0.1 |
| Animal feed | 205 | 111.7 | -0.8 | -3.0 | -5.7 |
| Veterinary expenses | 43 | 116.8 | +0.2 | +0.3 | +2.7 |
| Small equipment and tools | 17 | 106.2 | -0.5 | -2.2 | -1.4 |
| Maintenance of materials | 67 | 113.2 | -0.1 | -0.3 | +0.2 |
| Maintenance of buildings | 9 | 106.5 | 0.0 | 0.0 | -0.3 |
| Other goods and services | 97 | 101.9 | +0.1 | +0.1 | +0.8 |
| Goods and services contributing to investment | 236 | 105.8 | -0.9 | -1.0 | -0.8 |
| Material | 186 | 106.8 | -1.2 | -1.2 | -0.4 |
| Tractors | 79 | 105.3 | -2.6 | -2.9 | -1.7 |
| Machinery and plant for cultivation | 36 | 110.2 | -0.5 | +0.1 | +1.3 |
| Machinery and plant for harvesting | 42 | 108.0 | -0.2 | 0.0 | +0.7 |
| Utility vehicles | 18 | 104.7 | 0.0 | +0.1 | -0.1 |
| Buildings | 50 | 102.0 | 0.0 | -0.1 | -2.7 |
- (1) The repayment of the domestic tax on energy product (TICPE) benefiting farmers has been applied in advance for the year 2016
- Sources: INSEE, SSP (ministry in charge of agriculture)
Documentation
Methodology (pdf,122 Ko)
Pour en savoir plus
Time series : Indices of agricultural prices
