In June 2016, overall agricultural prices increased by 0.8% over one yearIndices of agricultural prices - June 2016

In June 2016, overall producer prices of agricultural products increased by 0.8% over one year. Excluding fruits and vegetables, they went up by 2.2% over one month and by 0.4% over one year.

Informations rapides
No 199
Paru le : 28/07/2016
Prochaine parution le : 29/09/2017 at 12:00 - August 2017

In June 2016, overall producer prices of agricultural products increased by 0.8% over one year. Excluding fruits and vegetables, they went up by 2.2% over one month and by 0.4% over one year.

Cereals and oleaginous prices kept on growing

Cereals prices have rebounded for three months, (+9.1%). The exportations were strong, noticeably towards Morocco for wheat. Moreover, the competition from Ukraine and South-America were much weaker as their inventories were being depleted. On the supply side, the heavy rainfalls during the spring lessened the yields and delayed the oncoming harvests in France.

cereal – Producer prices of cereals

  • Source: INSEE

Oleaginous prices have rallied for three months (+6.5%) until June 2016. Rape price increased globally in June despite a downturn in the end of the month due to the return of good weather conditions in the United States and Argentina.

Over one year, jump in potato price, rises in fruits and vegetables prices

Compared to June 2015, potatoes prices surged (+78.8%). The 2015 crop reached its long-term average whereas the previous one was exceptional.

Over one year, fresh fruits prices went up (+8.7%). Apricot and cherry prices climbed resulting from sharply declining productions, as the strong rains reduced the yields. On the other hand, stawberry price decreased : the cold and rainy weather did not encourage their consumptions. Fresh vegetables prices moderatly increased (+3.3% over oen year). Melon and lettuce prices rose: the supply suffered from the weather that spoiled some open-air vegetables. Conversely, tomato price plummeted. Grown in greenhouses - at 98% - its production has been increasing while this month the consumers tended to turn aside from it due to the weather.

vegetable – Producer prices of fresh vegetables

  • Source: SSP (ministry in charge of agriculture)

Animals prices rallied

In June, animals prices went up over one month (+1.2 %) after a five month fall. Large cattle prices stepped back over one year (−6,1 %) due to a sluggish demand and the extention of the European livestock since the end of milk quotas. Pig price has firmly picked up since two months (+13.5 % over two months) : the Asian outlet had a significant presence, while the production from North-European showed a slight drop.

pig – Producer prices of pigs and large cattle

  • Source : Insee

Egg price stongly upturned in June following a massive scrap of hens.

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

Seasonnaly adjusted * - base and reference 100 in 2010
Indices of producer prices of agricultural products (IPPAP)
Variation as % over
Weights June 2016 a month 3 months a year
Agricultural goods output 1000 113.0 /// /// +0.9
excluding fruits and vegetables 900 113.7 +2.2 +3.2 +0.4
Crop output (excluding fruits and vegetables) 505 119.1 +2.8 +5.6 +3.1
Cereals 188 97.4 +4.7 +9.1 -7.3
of which soft wheat 112 90.8 +4.6 +7.6 -9.4
grain maize 41 103.3 +6.9 +17.5 +9.3
Potatoes 26 225.7 +7.8 +22.9 +78.8
Wines 177 135.2 +1.0 +1.3 +3.7
protected designation of origin 84 145.0 +2.2 +1.6 +7.8
other wines 23 149.2 -1.1 +2.9 -3.4
Oleaginous 49 100.1 +1.8 +6.5 -6.2
Horticultural products 30 110.8 -0.7 -2.7 +2.9
Other crop products 36 108.2 +0.8 +0.5 +1.3
Fruits and vegetables (1) 100 106.5 /// /// +5.0
Fresh vegetables 53 97.3 /// /// +3.3
Fresh fruits 35 117.4 /// /// +8.7
Animal output 395 106.8 +1.2 0.0 -3.2
Animals 234 110.8 +1.2 -0.2 -2.1
of which large cattle 96 113.3 -0.4 -3.7 -6.1
calves 26 103.7 -2.3 -8.9 +1.5
pigs 54 111.1 +7.1 +13.8 +3.4
sheep 10 109.8 -0.3 -6.0 -5.0
poultry 46 109.5 -0.1 -1.0 -0.5
of which chicken 28 109.4 0.0 -0.6 -0.5
Milk 147 100.3 /// +2.0 -3.8
of which cow milk (2) 137 99.6 /// +2.3 -4.0
Eggs 15 108.7 +16.8 -13.2 -12.5
  • * Except for fresh fruits and vegetables
  • (1) Including vegetables for industry.
  • (2)The May value of cow milk price indice is carried forward in June
  • Sources: INSEE, SSP (ministry in charge of agriculture)

Purchase prices of means of production was virtually stable in June

In June, intermediate consumption prices dipped slightly over one month (−0.2 %). The decline in fertilisers prices was nearly offset by the slight rise in energy prices and feed prices. Over one year, those same products became less expensive, thus drove intermediate consumption prices downwards (−2.8%). Capital goods prices were almost stable over one month (-0.1%).

means – Purchase prices of the means of agricultural production

  • Sources: INSEE, SSP (ministry in charge of agriculture)

Tab2 – Indices of purchase prices of the means of agricultural production (IPAMPA)

Raw data - base and reference 100 in 2010
Indices of purchase prices of the means of agricultural production (IPAMPA)
Weights June 2016 variation as % over
a month 3 months a year
Total input 1000 107.8 -0.1 +0.3 -2.1
Intermediate consumptions 764 108.1 -0.2 +0.2 -2.8
Energy 100 95.2 +1.5 +8.6 -8.5
Seeds 57 106.5 -0.1 -0.2 -1.6
Fertilisers and soil improvers 92 109.1 -4.3 -5.7 -8.0
Plant protection products 78 100.1 -0.1 +0.7 -0.4
Animal feed 205 112.5 +0.9 -0.1 -4.3
Veterinary expenses 43 117.6 +0.2 +0.9 +3.2
Small equipment and tools 17 107.4 +0.4 +0.7 -0.8
Maintenance of materials 67 113.4 +0.1 +0.1 +0.4
Maintenance of buildings 9 106.8 0.0 +0.2 -0.2
Other goods and services 97 105.4 0.0 +0.1 +4.2
Goods and services contributing to investment 236 106.9 -0.1 +0.1 0.0
Material 186 108.1 -0.1 +0.1 +0.6
Tractors 79 108.3 +0.2 +0.3 +0.9
Machinery and equipment for cultivation 36 110.2 -0.6 -0.4 +1.0
Machinery and equipment for harvesting 42 108.3 -0.1 +0.1 +0.5
Utility vehicles 18 104.4 +0.3 +0.2 -0.3
Buildings 50 102.3 0.0 +0.2 -2.4
  • (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)