27 September 2019
2019- n° 261In August 2019, agricultural producer prices decreased by 1.2% year on year Indices of agricultural prices - August 2019
In August 2019, agricultural producer prices declined by 1.2% year on year. Excluding fruit and vegetables, they decreased by 0.7% year on year and by 0.6% over one month.
- Cereal prices decreased over one month
- Decreases in fresh fruit prices year on year; increases in prices of fresh vegetables
- Large rise in pig prices year on year
- Egg and milk prices sped up year on year
- Light decrease in the purchase prices of the means of production over a month
- Revision
- To know more about French agricultural price indices
In August 2019, agricultural producer prices declined by 1.2% year on year. Excluding fruit and vegetables, they decreased by 0.7% year on year and by 0.6% over one month.
Cereal prices decreased over one month
In August 2019, cereal prices were down again (−3.0% over one month after −2.5% in July). Year on year, they declined by −19.7%. Soft wheat prices pursued and amplified their fall: −3.8% over a month after −2.2% in July. Large primary wheat yields in 2019 in France and in the world weighed down on quotations. Grain maize prices also declined (−1.4% over a month after −0.4% in July) in a context of an expected large South America crop and despite worries concerning the effects of droughts in Europe. Conversely, oilseed prices rose again by 2.1% over a month after +1.1% in July. Rapeseed prices still rose (+2.3% over a month after +1.9% in July) due to a weak production in Europe; soybean prices fell back (−1.9% over a month after +2.3% in July).
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 |
| 2019-08 | 96.7 |
graphiqueProducer prices of cereals
- Source: INSEE.
Decreases in fresh fruit prices year on year; increases in prices of fresh vegetables
In August 2019, fresh fruit prices dropped by 10,1% year on year. Prices of the main seasonal fruits fell, especially peaches and nectarines (−9.7%) and plums (−21.2%). Conversely, prices of fresh vegetables rose by 4.3% year on year. Prices of tomatoes still skyrocketed year on year (+50.8%) while those of melons (−7.4% year on year), salads (−9.2% year on year), courgettes (−3.9% year on year) and cucumbers (−1.3% year on year) were still on a downward trend.
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 |
| 2019-08 | 108.1 |
graphiqueProducer prices of fresh vegetables
- Source: SSP (ministry in charge of agriculture).
Large rise in pig prices year on year
In August 2019, animal prices bounced back slightly (+0.3% over a month after −0.9% in July). Cattle prices decreased by 0.6% and those of pigs bounced back (+2.9% after −0.7%). Year on year, cattle prices still declined (–1.5% after –1.2% in July). Prices of pigs kept high momentum (+25.6%), due to a high Chinese demand connected to the ongoing swine fever epidemic in China.
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 |
| 2019-08 | 96.7 | 117.1 |
graphiqueProducer prices of pigs and large cattle
- Source: INSEE.
Egg and milk prices sped up year on year
In August 2019, egg prices were up sorely over a month (+13.5% after +3.1% in July). Year on year, they grew strongly (+30.8 %). Demand remained steady during the summer while supply was less abundant linked to the slaughtering of cull chicken and to the two summer droughts which have reduced productivity of laying henses and increased their mortality. Cow’s milk prices slowed down year on year: +4.7% in July after +6.9% in June 2019. Droughts also impacted downwards the milk production this summer.
tableauIndex of producer prices of agricultural products (IPPAP)
| Variation as % over | |||||
|---|---|---|---|---|---|
| Weights | August 2019 | a month | 3 months | a year | |
| Agricultural goods output | 1000 | 106.8 | /// | /// | -1.2 |
| excluding fruits and vegetables | 906 | 106.6 | -0.6 | -1.8 | -0.7 |
| Crop output (excluding fruits and vegetables) | 489 | 106.9 | -1.6 | -2.7 | -5.2 |
| Cereals | 152 | 96.4 | -3.0 | -4.7 | -19.7 |
| of which soft wheat | 90 | 97.0 | -3.8 | -6.9 | -21.1 |
| grain maize | 27 | 106.8 | -1.4 | +6.9 | -8.0 |
| Potatoes | 29 | 204.0 | /// | /// | +58.3 |
| Wines | 200 | 103.5 | -1.6 | -2.5 | -7.4 |
| PDO wines | 112 | 104.4 | -3.3 | -5.0 | -12.8 |
| other wines | 25 | 98.5 | +2.7 | +4.2 | +2.1 |
| Oleaginous | 40 | 97.1 | +2.1 | +4.0 | +1.5 |
| Horticultural products | 35 | 102.0 | -0.1 | -2.8 | +0.4 |
| Other crop products | 33 | 109.8 | -0.2 | +0.1 | +6.5 |
| Fruit and vegetables (1) | 94 | 108.9 | /// | /// | -4.7 |
| Fresh vegetables | 45 | 108.1 | /// | /// | +4.3 |
| Fresh fruit | 32 | 113.5 | /// | /// | -10.1 |
| Animal output | 417 | 106.3 | +0.8 | -0.7 | +5.0 |
| Animals | 255 | 101.2 | +0.3 | -0.9 | +3.9 |
| of which large cattle | 112 | 96.7 | -0.6 | -2.1 | -1.5 |
| calves | 20 | 91.2 | -0.8 | -0.1 | -10.0 |
| pigs | 49 | 117.1 | +2.9 | +2.4 | +25.6 |
| sheep | 14 | 94.0 | -1.3 | -8.0 | -4.9 |
| poultry | 57 | 100.8 | +0.2 | -0.3 | +3.5 |
| of which chicken | 39 | 100.8 | +0.2 | -0.1 | +3.6 |
| Milk | 146 | 111.5 | /// | -0.6 | +4.1 |
| of which cow milk (2) | 135 | 112.2 | /// | -0.8 | +4.4 |
| Eggs | 16 | 140.6 | +13.5 | +1.7 | +30.8 |
- /// Absence of meaning due to the nature of these series
- (1) Including vegetables for industry.
- (2)The August value of cow milk price index is the estimate of the July one. The previous month variation is the one commented in the text: +4.7% over one year in July 2019.
- Sources : Insee, SSP (ministry in charge of agriculture)
Light decrease in the purchase prices of the means of production over a month
In August 2019, intermediate consumption purchase prices diminished slightly (–0.3% after –0.1% in July). Energy prices fell back (–1.4% over a month after +1.5%). Animal feed prices were down (–0.3%), while fertilizer and soil improvers prices grew (+0.3%). Year on year, these prices remained dynamic: +1.9% for animal feed and +3.9% for fertilizers and soil improvers. Over the same period, intermediate consumption purchase prices slowed down (+0.5% after +1.5% in July and +1.9% in June).
Prices of investment goods were almost stable over one month (+0.1%) and increased by 1.3% year on year.
tableauIndices of purchase prices of the means of agricultural production (IPAMPA)
| Variation as % over | |||||
|---|---|---|---|---|---|
| Weights | August 2019 | a month | 3 months | a year | |
| Total input | 1000 | 103.5 | -0.1 | -0.9 | +0.8 |
| Intermediate consumptions | 760 | 101.9 | -0.3 | -1.3 | +0.5 |
| Energy (1) | 93 | 113.4 | -1.4 | -4.6 | -4.5 |
| Seeds | 56 | 97.2 | 0.0 | 0.0 | -0.5 |
| Fertilisers and soil improvers | 107 | 93.5 | +0.3 | -1.3 | +3.9 |
| Plant protection products | 84 | 95.6 | +0.1 | -1.6 | -3.7 |
| Animal feed | 214 | 100.2 | -0.3 | -1.0 | +1.9 |
| Veterinary expenses | 37 | 109.7 | -0.1 | -0.1 | +2.6 |
| Small equipment and tools | 11 | 102.4 | -0.3 | +0.1 | +0.7 |
| Maintenance of materials | 88 | 108.1 | +0.4 | +0.5 | +3.0 |
| Maintenance of buildings | 9 | 107.3 | 0.0 | +0.2 | +1.7 |
| Other goods and services | 61 | 104.2 | 0.0 | +0.2 | +1.6 |
| Goods and services contributing to investment | 240 | 108.3 | +0.1 | +0.1 | +1.3 |
| Material | 168 | 108.0 | +0.1 | +0.1 | +1.6 |
| Tractors | 71 | 111.0 | -0.2 | -0.1 | +0.9 |
| Machinery and equipment for cultivation | 33 | 106.8 | +0.1 | +0.4 | +1.7 |
| Machinery and equipment for harvesting | 38 | 106.9 | +0.3 | +0.1 | +3.0 |
| Utility vehicles | 16 | 101.8 | +0.9 | +0.1 | +1.5 |
| Buildings | 72 | 109.0 | 0.0 | +0.2 | +0.6 |
- (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 |
| 2019-08 | 103.5 |
graphiquePurchase prices of the means of agricultural production
- Sources: INSEE, SSP (ministry in charge of agriculture).
Revision
The year on year variation of IPPAP has been reduced by 0.3 points in July to +2.4%. The year-on-year variation of IPAMPA in July has not changed.
To know more about French agricultural price indices
The indice of producer prices for agricultural products (IPPAP) measures the changes in product 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 indice of purchase prices of the means of agricultural production (IPAMPA) reflects the evolution prices of goods and services used in the agricultural process. It is not seasonaly adjusted.
The methodology can be found via the links thereafter for IPPAP: https://www.insee.fr/en/metadonnees/source/indicateur/p1657/description
and IPAMPA: https://www.insee.fr/en/metadonnees/source/indicateur/p1652/description
Next issue: 31 October 2019 at 12.00
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Time series : Indices of agricultural prices
