30 August 2019
2019- n° 231In July 2019, agricultural prices increased by 2.7% over one year Indices of agricultural prices - July 2019
In July 2019, agricultural prices slowed down over one year (+2.7% after +4.2% in June). Excluding fruit and vegetables, they were up by 2.0% over one year and down by 0.6% over one month.
- Cereal prices fell back over a month
- Fresh fruits prices down over one year, vegetable prices up
- Pig prices up sharply over one year
- Growth of egg and milk prices over one year
- Slight decrease in the purchase prices of the means of production over a month
- Revision
- To know more about French indices of agricultural prices
In July 2019, agricultural prices slowed down over one year (+2.7% after +4.2% in June). Excluding fruit and vegetables, they were up by 2.0% over one year and down by 0.6% over one month.
Cereal prices fell back over a month
In July 2019, cereal prices declined by 2.5% over a month after +0.7% in June. Over one year, they fell back by 8.6% after +1.0% in June. Soft wheat prices continued to decrease: −2.2% after −1.1% in June. The good yields of the first wheats of 2019 in France and around the world weighed on prices. Grain maize prices went down slightly: −0.4% after +8.8% in June, in a context of good harvests in South America and despite concerns raised by the drought in Europe. Oilseed prices rose by 1.1% over one month after +0.7% in June. Rapeseed prices accelerated (+1.9% over one month after +0.4% in June), in line with the confirmation of the drop in Europe production.
tableauProducer prices of cereals
| Producer prices of cereals | |
|---|---|
| 2014-01 | 108.3 |
| 2014-02 | 108.1 |
| 2014-03 | 114.6 |
| 2014-04 | 114.9 |
| 2014-05 | 107.6 |
| 2014-06 | 104.1 |
| 2014-07 | 102.7 |
| 2014-08 | 98.9 |
| 2014-09 | 90.3 |
| 2014-10 | 95.1 |
| 2014-11 | 102.1 |
| 2014-12 | 108.0 |
| 2015-01 | 108.1 |
| 2015-02 | 102.6 |
| 2015-03 | 102.5 |
| 2015-04 | 100.6 |
| 2015-05 | 92.9 |
| 2015-06 | 98.5 |
| 2015-07 | 109.0 |
| 2015-08 | 97.8 |
| 2015-09 | 92.7 |
| 2015-10 | 98.2 |
| 2015-11 | 100.1 |
| 2015-12 | 97.0 |
| 2016-01 | 89.6 |
| 2016-02 | 85.3 |
| 2016-03 | 83.6 |
| 2016-04 | 84.7 |
| 2016-05 | 86.8 |
| 2016-06 | 91.1 |
| 2016-07 | 94.8 |
| 2016-08 | 95.5 |
| 2016-09 | 92.7 |
| 2016-10 | 94.7 |
| 2016-11 | 96.8 |
| 2016-12 | 96.1 |
| 2017-01 | 98.6 |
| 2017-02 | 99.3 |
| 2017-03 | 96.8 |
| 2017-04 | 94.1 |
| 2017-05 | 93.1 |
| 2017-06 | 95.7 |
| 2017-07 | 96.7 |
| 2017-08 | 92.7 |
| 2017-09 | 92.5 |
| 2017-10 | 92.5 |
| 2017-11 | 92.4 |
| 2017-12 | 91.3 |
| 2018-01 | 90.5 |
| 2018-02 | 91.7 |
| 2018-03 | 93.5 |
| 2018-04 | 93.9 |
| 2018-05 | 97.3 |
| 2018-06 | 100.9 |
| 2018-07 | 109.1 |
| 2018-08 | 120.6 |
| 2018-09 | 114.7 |
| 2018-10 | 114.0 |
| 2018-11 | 114.1 |
| 2018-12 | 115.2 |
| 2019-01 | 114.3 |
| 2019-02 | 107.6 |
| 2019-03 | 103.1 |
| 2019-04 | 103.4 |
| 2019-05 | 100.8 |
| 2019-06 | 101.9 |
| 2019-07 | 99.7 |
graphiqueProducer prices of cereals
- Source: INSEE.
Fresh fruits prices down over one year, vegetable prices up
In July 2019, fresh fruit prices fell by 4.3% over one year. Main seasonal fruits prices declined: peaches and nectarines (−2.9%), strawberries (−2.6%) and apricots (−8.0%). Prices for fresh vegetables increased by 20.7% over one year. Prices for tomatoes rose sharply over one year (+51.1%) and those of melons remained upward (+8.7% over one year). In contrast, prices for salads fell markedly (−13.7% year on year).
tableauProducer prices of fresh vegetables
| Monthly agricultural producer price indices (IPPAP) - Fresh vegetables | |
|---|---|
| 2016-01 | 96.3 |
| 2016-02 | 94.2 |
| 2016-03 | 128.4 |
| 2016-04 | 114.9 |
| 2016-05 | 101.0 |
| 2016-06 | 102.3 |
| 2016-07 | 116.7 |
| 2016-08 | 101.6 |
| 2016-09 | 97.2 |
| 2016-10 | 110.1 |
| 2016-11 | 119.0 |
| 2016-12 | 113.3 |
| 2017-01 | 132.4 |
| 2017-02 | 133.5 |
| 2017-03 | 107.4 |
| 2017-04 | 111.2 |
| 2017-05 | 97.9 |
| 2017-06 | 102.8 |
| 2017-07 | 85.8 |
| 2017-08 | 94.1 |
| 2017-09 | 100.9 |
| 2017-10 | 97.9 |
| 2017-11 | 98.4 |
| 2017-12 | 97.6 |
| 2018-01 | 101.6 |
| 2018-02 | 102.8 |
| 2018-03 | 117.6 |
| 2018-04 | 109.5 |
| 2018-05 | 103.5 |
| 2018-06 | 102.4 |
| 2018-07 | 97.4 |
| 2018-08 | 103.6 |
| 2018-09 | 119.9 |
| 2018-10 | 112.8 |
| 2018-11 | 132.5 |
| 2018-12 | 138.0 |
| 2019-01 | 147.5 |
| 2019-02 | 132.7 |
| 2019-03 | 121.9 |
| 2019-04 | 117.7 |
| 2019-05 | 99.8 |
| 2019-06 | 124.2 |
| 2019-07 | 117.6 |
graphiqueProducer prices of fresh vegetables
- Source: SSP (ministry in charge of agriculture).
Pig prices up sharply over one year
In July 2019, animal prices dropped by 0.9% over one month, after −0.3% in June. Cattle prices fell by 1.4% and those of pigs by 0.7%. Over one year, prices of cattle fall back (−1.2% after +0.8% in June) while those of pigs increased by 24.4%. In the second quarter, pigs prices rose sharply as a result of strong Chinese demand following a large swine flu epidemic.
tableauProducer prices of pigs and large cattle
| Large cattle | Pigs | |
|---|---|---|
| 2014-01 | 104.6 | 116.8 |
| 2014-02 | 104.4 | 109.2 |
| 2014-03 | 103.8 | 107.2 |
| 2014-04 | 103.8 | 119.1 |
| 2014-05 | 103.1 | 118.8 |
| 2014-06 | 101.4 | 113.6 |
| 2014-07 | 100.5 | 111.0 |
| 2014-08 | 100.2 | 106.0 |
| 2014-09 | 99.9 | 97.9 |
| 2014-10 | 98.4 | 96.6 |
| 2014-11 | 96.9 | 99.8 |
| 2014-12 | 98.1 | 98.7 |
| 2015-01 | 98.1 | 98.0 |
| 2015-02 | 98.0 | 98.3 |
| 2015-03 | 98.6 | 101.3 |
| 2015-04 | 98.7 | 99.8 |
| 2015-05 | 99.3 | 100.4 |
| 2015-06 | 100.5 | 99.7 |
| 2015-07 | 102.2 | 100.0 |
| 2015-08 | 102.4 | 103.2 |
| 2015-09 | 102.3 | 101.9 |
| 2015-10 | 101.6 | 102.8 |
| 2015-11 | 99.8 | 99.2 |
| 2015-12 | 98.1 | 94.7 |
| 2016-01 | 97.4 | 97.0 |
| 2016-02 | 96.7 | 96.1 |
| 2016-03 | 96.7 | 92.9 |
| 2016-04 | 95.4 | 90.2 |
| 2016-05 | 94.2 | 96.6 |
| 2016-06 | 94.0 | 102.5 |
| 2016-07 | 93.4 | 106.2 |
| 2016-08 | 92.7 | 106.3 |
| 2016-09 | 91.9 | 110.5 |
| 2016-10 | 93.0 | 111.9 |
| 2016-11 | 94.6 | 111.1 |
| 2016-12 | 96.3 | 113.9 |
| 2017-01 | 96.5 | 115.9 |
| 2017-02 | 97.1 | 117.2 |
| 2017-03 | 97.4 | 116.5 |
| 2017-04 | 98.7 | 119.3 |
| 2017-05 | 98.8 | 117.5 |
| 2017-06 | 99.1 | 111.7 |
| 2017-07 | 97.7 | 108.7 |
| 2017-08 | 98.0 | 105.1 |
| 2017-09 | 99.6 | 99.4 |
| 2017-10 | 100.7 | 99.9 |
| 2017-11 | 100.4 | 102.3 |
| 2017-12 | 99.9 | 103.0 |
| 2018-01 | 98.4 | 99.0 |
| 2018-02 | 97.8 | 98.9 |
| 2018-03 | 97.8 | 101.1 |
| 2018-04 | 97.5 | 95.1 |
| 2018-05 | 97.9 | 95.3 |
| 2018-06 | 97.9 | 93.1 |
| 2018-07 | 98.5 | 91.5 |
| 2018-08 | 98.2 | 93.2 |
| 2018-09 | 98.8 | 95.4 |
| 2018-10 | 98.6 | 98.1 |
| 2018-11 | 97.7 | 100.5 |
| 2018-12 | 98.4 | 101.6 |
| 2019-01 | 98.6 | 103.4 |
| 2019-02 | 99.3 | 100.8 |
| 2019-03 | 98.4 | 103.0 |
| 2019-04 | 98.7 | 109.6 |
| 2019-05 | 98.8 | 114.4 |
| 2019-06 | 98.7 | 114.6 |
| 2019-07 | 97.3 | 113.8 |
graphiqueProducer prices of pigs and large cattle
- Source: INSEE.
Growth of egg and milk prices over one year
In July 2019, egg prices rebounded over one month (+3.1% after −13.1% in June). Over a year, they increased by 16.1%. Demand was buoyant while supply was less abundant after some poultries culling. The price of cow's milk continued to rise over one year: +6.9% in June after +6.7% in May 2019. The lack of fodder due to the drought led to production cuts in Europe but also in New Zealand, one of the leading exporting countries.
tableauIndex of producer prices of agricultural products (IPPAP)
| Variation as % over | |||||
|---|---|---|---|---|---|
| Weights | July 2019 | a month | 3 months | a year | |
| Agricultural goods output | 1000 | 109.1 | /// | /// | +2.7 |
| excluding fruits and vegetables | 906 | 107.5 | -0.6 | -0.6 | +2.0 |
| Crop output (excluding fruits and vegetables) | 489 | 108.8 | -0.7 | -1.2 | -0.3 |
| Cereals | 152 | 99.4 | -2.5 | -4.3 | -8.6 |
| of which soft wheat | 90 | 100.8 | -2.2 | -6.1 | -9.6 |
| grain maize | 27 | 108.3 | -0.4 | +5.4 | +3.8 |
| Potatoes | 29 | 198.5 | /// | /// | +59.2 |
| Wines | 200 | 105.6 | +0.1 | -0.8 | -6.2 |
| PDO wines | 112 | 108.7 | -0.9 | -1.6 | -8.1 |
| other wines | 25 | 95.9 | +5.4 | +0.9 | -12.3 |
| Oleaginous | 40 | 95.1 | +1.1 | +1.6 | +3.5 |
| Horticultural products | 35 | 102.1 | -0.6 | -1.4 | -0.8 |
| Other crop products | 33 | 110.0 | 0.0 | +0.1 | +7.7 |
| Fruits and vegetables (1) | 94 | 120.3 | /// | /// | +8.1 |
| Fresh vegetables | 45 | 117.6 | /// | /// | +20.7 |
| Fresh fruits | 32 | 114.0 | /// | /// | -4.3 |
| Animal output | 417 | 105.9 | -0.5 | +0.2 | +4.7 |
| Animals | 255 | 100.9 | -0.9 | -0.4 | +3.6 |
| of which large cattle | 112 | 97.3 | -1.4 | -1.4 | -1.2 |
| calves | 20 | 91.9 | -0.1 | +0.4 | -9.5 |
| pigs | 49 | 113.8 | -0.7 | +3.8 | +24.4 |
| sheep | 14 | 95.2 | -2.3 | -7.7 | -6.1 |
| poultry | 57 | 100.7 | -0.3 | -1.0 | +3.5 |
| of which chicken | 39 | 100.6 | -0.2 | -1.0 | +3.4 |
| Milk | 146 | 112.7 | /// | +0.3 | +5.5 |
| of which cow milk (2) | 135 | 113.7 | /// | +0.4 | +6.1 |
| Eggs | 16 | 123.9 | +3.1 | +9.3 | +16.1 |
- /// Absence of meaning due to the nature of these series
- (1) Including vegetables for industry.
- (2)The June value of cow milk price index is the estimate of the July one. The previous month variation is the one commented in the text: +6,9% over one year in June 2019.
- Sources : Insee, SSP (ministry in charge of agriculture)
Slight decrease in the purchase prices of the means of production over a month
In July 2019, intermediate consumption purchase prices were almost stable (−0.1% after −0.9% in June). Energy prices rebounded (+1.6% over one month after −5.0%). Prices for feed dropped (−0.7%) while those for fertilizers and amendments were almost flat (+0.1%). Over one year, these prices remained dynamic: +3.3% for feed and +5.9% for fertilizers and amendments. Over the same period, intermediate consumption purchase prices continued to slow down (+1.5% after +1.9% in June and +2.6% in May).
Prices of capital goods were virtually stable over one month (−0.1%) and grew by 1.4% over one year.
tableauIndices of purchase prices of the means of agricultural production (IPAMPA)
| Variation as % over | |||||
|---|---|---|---|---|---|
| Weights | July 2019 | a month | 3 months | a year | |
| Total input | 1000 | 103.6 | -0.2 | -1.0 | +1.4 |
| Intermediate consumptions | 760 | 102.2 | -0.1 | -1.2 | +1.5 |
| Energy (1) | 93 | 114.9 | +1.6 | -2.9 | -2.6 |
| Seeds | 56 | 97.1 | -0.3 | -0.1 | -0.3 |
| Fertilisers and soil improvers | 107 | 93.5 | +0.1 | -2.2 | +5.9 |
| Plant protection products | 84 | 95.6 | -1.8 | -1.4 | -4.0 |
| Animal feed | 214 | 100.5 | -0.7 | -1.5 | +3.3 |
| Veterinary expenses | 37 | 109.9 | 0.0 | +0.6 | +2.9 |
| Small equipment and tools | 11 | 102.8 | +0.3 | +1.3 | +1.7 |
| Maintenance of materials | 88 | 107.7 | 0.0 | +0.3 | +2.9 |
| Maintenance of buildings | 9 | 107.1 | 0.0 | +0.2 | +1.8 |
| Other goods and services | 61 | 104.1 | +0.1 | +0.1 | +1.5 |
| Goods and services contributing to investment | 240 | 108.2 | -0.1 | -0.3 | +1.4 |
| Material | 168 | 108.0 | -0.1 | -0.2 | +2.1 |
| Tractors | 71 | 111.2 | 0.0 | -0.6 | +1.7 |
| Machinery and equipment for cultivation | 33 | 106.5 | -0.5 | +0.3 | +1.5 |
| Machinery and equipment for harvesting | 38 | 106.7 | 0.0 | +0.1 | +3.7 |
| Utility vehicles | 16 | 101.4 | -0.2 | -0.1 | +1.6 |
| Buildings | 72 | 108.8 | 0.0 | -0.4 | 0.0 |
- (1) The repayment of the domestic tax on energy product (TICPE) benefiting farmers has been applied in advance for the year 2019.
- Sources : Insee, SSP (ministry in charge of agriculture)
tableauPurchase prices of the means of agricultural production
| Purchase prices of the means of agricultural production | |
|---|---|
| 2014-01 | 102.9 |
| 2014-02 | 103.0 |
| 2014-03 | 103.1 |
| 2014-04 | 103.3 |
| 2014-05 | 103.3 |
| 2014-06 | 103.1 |
| 2014-07 | 102.5 |
| 2014-08 | 102.1 |
| 2014-09 | 101.6 |
| 2014-10 | 101.0 |
| 2014-11 | 100.4 |
| 2014-12 | 99.5 |
| 2015-01 | 99.1 |
| 2015-02 | 100.5 |
| 2015-03 | 100.7 |
| 2015-04 | 101.1 |
| 2015-05 | 101.3 |
| 2015-06 | 100.6 |
| 2015-07 | 100.2 |
| 2015-08 | 99.7 |
| 2015-09 | 99.6 |
| 2015-10 | 99.5 |
| 2015-11 | 99.3 |
| 2015-12 | 98.3 |
| 2016-01 | 97.8 |
| 2016-02 | 97.5 |
| 2016-03 | 97.6 |
| 2016-04 | 97.4 |
| 2016-05 | 97.9 |
| 2016-06 | 97.8 |
| 2016-07 | 97.3 |
| 2016-08 | 96.9 |
| 2016-09 | 97.0 |
| 2016-10 | 97.4 |
| 2016-11 | 97.2 |
| 2016-12 | 98.3 |
| 2017-01 | 98.6 |
| 2017-02 | 99.0 |
| 2017-03 | 98.9 |
| 2017-04 | 99.1 |
| 2017-05 | 98.7 |
| 2017-06 | 98.1 |
| 2017-07 | 97.9 |
| 2017-08 | 98.0 |
| 2017-09 | 98.4 |
| 2017-10 | 98.9 |
| 2017-11 | 99.2 |
| 2017-12 | 99.3 |
| 2018-01 | 100.1 |
| 2018-02 | 100.1 |
| 2018-03 | 100.4 |
| 2018-04 | 101.1 |
| 2018-05 | 102.0 |
| 2018-06 | 101.9 |
| 2018-07 | 102.2 |
| 2018-08 | 102.7 |
| 2018-09 | 103.6 |
| 2018-10 | 104.6 |
| 2018-11 | 104.5 |
| 2018-12 | 103.8 |
| 2019-01 | 103.6 |
| 2019-02 | 104.1 |
| 2019-03 | 104.4 |
| 2019-04 | 104.6 |
| 2019-05 | 104.4 |
| 2019-06 | 103.8 |
| 2019-07 | 103.6 |
graphiquePurchase prices of the means of agricultural production
- Sources: INSEE, SSP (ministry in charge of agriculture).
Revision
June 2019 over one year variation of IPPAP has been rosen by 0.1 points to +4.2%. The one of IPAMPA has been rosen by 0.1 points to +1.9%.
To know more about French indices of agricultural prices
The index of producer prices for agricultural products (IPPAP) measures the changes in products prices when they are put on the market for the first time. It is published in base and reference 100 in 2015
The weight-coefficients of fresh fruits and vegetables change every month so that they reflect their very seasonal pattern. As a result their variations must only be interpreted year over year.
If needed, indices are seasonally adjusted.
The index of purchase prices of the means of agricultural production (IPAMPA) reflects the variations of goods and services used in the agricultural process. It is not seasonaly adjusted.
The methodology can be found via the links hereafter forIPPAP : https://www.insee.fr/en/metadonnees/source/indicateur/p1657/description
and IPAMPA : https://www.insee.fr/en/metadonnees/source/indicateur/p1652/description
Next issue: 27 September 2019 at 12h00.
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Time series : Indices of agricultural prices
