Informations rapides
31 January 2020
2020- n° 31
In December 2019, agricultural producer prices decreased by 0.3% year on year Indices of agricultural prices - December 2019

In December 2019, agricultural producer prices declined by 0.3% year on year. Excluding fruit and vegetables, they rose by 0.3% over one month, but were stable year on year.

Informations rapides
No 31
Paru le :Paru le31/01/2020
Prochaine parution le : 30/04/2024 at 12:00 - March 2024
Imprimer
Découvrir la collection
Données
(zip, 337 Ko)

In December 2019, agricultural producer prices declined by 0.3% year on year. Excluding fruit and vegetables, they rose by 0.3% over one month, but were stable year on year.

Increase in cereal prices over one month

In December 2019, cereal prices increased (+1.5% over one month after +1.2% in November) in the wake of the soft wheat prices (+2.0% over one month after +2.1% in November). This rise was due to concerns about the next harvest in Ukraine, Russia and Australia, as well as the reintroduction of export taxes in Argentina. These taxes also had an impact on rebounding maize prices (+1.6% over one month after −0.1% in December). Year on year, cereal prices fell by 11.0% in December (after −11.4% in November).

Oilseed prices sped up: +2.9% over one month after +1.5% in November. Soybeans prices bounced back slightly (+0.3% over one month after −1.9% in November) in connection with hopes for trade agreements between the United States and China. The rapeseed prices accelerated (+2.3% over one month after +1.5% in November), as well as sunflower prices (+6.5% over one month after +2.3% in November).

Producer prices of cereals

Producer 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
2019-09 95.1
2019-10 99.9
2019-11 101.0
2019-12 102.5

Producer prices of cereals

  • Source: INSEE.

Decrease in fresh fruit and fresh vegetables year on year

Year on year, fresh fruit prices fell by 1.8% in December, due to the decline of some seasonal fruits prices: nuts (−7.5%) and apples (−3.9%). Conversely, clementines prices rose by 12.6%. Year on year, fresh vegetables prices fell by 4.9%. Salads prices fell by 7.5%, carrots prices by 11.2% and leeks prices by 12.3%, while endives prices increased by 11.6%.

Producer prices of fresh vegetables

Producer 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
2019-09 113.8
2019-10 103.9
2019-11 132.2
2019-12 131.2

Producer prices of fresh vegetables

  • Source: SSP (ministry in charge of agriculture).

Pig prices still on an upward trend year on year

In December 2019, animal prices decelerated (+0.4% over one month after +1.2% in November) due to the slowdown in pig prices (+0.7% after +3.5% in November) which, however, remained very dynamic year on year (+38.2% after +38.7%), due to the large Chinese demand connected to the ongoing swine fever epidemic. In addition, cattle prices rose in December (+0.3% over one month after +0.5%), but fell year on year (−1.3% after −0.9% in November).

Producer prices of pigs and large cattle

Producer 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 98.3 98.0
2015-02 98.1 98.3
2015-03 98.5 101.3
2015-04 98.6 99.8
2015-05 99.1 100.4
2015-06 100.3 99.7
2015-07 102.1 100.0
2015-08 102.3 103.2
2015-09 102.3 101.9
2015-10 101.7 102.8
2015-11 100.1 99.2
2015-12 98.4 94.7
2016-01 97.6 97.0
2016-02 96.8 96.1
2016-03 96.6 92.9
2016-04 95.3 90.2
2016-05 94.1 96.6
2016-06 93.8 102.5
2016-07 93.3 106.2
2016-08 92.6 106.3
2016-09 91.9 110.5
2016-10 93.0 111.9
2016-11 94.8 111.1
2016-12 96.6 113.9
2017-01 96.7 115.9
2017-02 97.2 117.2
2017-03 97.3 116.5
2017-04 98.5 119.3
2017-05 98.7 117.5
2017-06 98.9 111.7
2017-07 97.6 108.7
2017-08 97.9 105.1
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
2019-09 97.3 124.8
2019-10 96.3 134.7
2019-11 96.8 139.4
2019-12 97.1 140.4

Producer prices of pigs and large cattle

  • Source: INSEE.

Recovery in egg prices and increase in milk prices year on year

In December 2019, egg prices rebounded over one month (+3.0% after −5.1% in November) due to the large demand. They also bounced back year on year (+2.8% after −0.4%). The price of cow's milk decreased slightly over one month (−0.2% after −0.4% in November) but increased by 1.8% year on year in December (as in November).

Index of producer prices of agricultural products (IPPAP)

Seasonnaly adjusted - base and reference 100 in 2015
Index of producer prices of agricultural products (IPPAP) (Seasonnaly adjusted - base and reference 100 in 2015)
Variation as % over
Weights Dec. 2019 a month 3 months a year
Agricultural goods output 1000 109,2 /// /// -0,3
excluding fruits and vegetables 906 108,4 +0,3 +2,3 0,0
Crop output (excluding fruits and vegetables) 489 109,0 +0,3 +3,1 -3,8
Cereals 152 102,4 +1,5 +8,0 -11,0
of which soft wheat 90 106,0 +2,0 +10,3 -10,4
grain maize 27 105,6 +1,6 +2,9 -6,4
Potatoes 29 192,9 /// /// +2,6
Wines 200 105,6 +0,3 +2,6 -3,0
PDO wines 112 108,0 +0,7 +5,1 -5,8
other wines 25 96,6 -1,8 -2,0 +0,5
Oleaginous 40 104,4 +2,9 +4,7 +9,9
Horticultural products 35 105,5 -2,9 +0,8 +1,2
Other crop products 33 98,8 -3,3 -2,9 -2,5
Fruit and vegetables (1) 94 117,6 /// /// -3,0
Fresh vegetables 45 131,2 /// /// -4,9
Fresh fruit 32 109,0 /// /// -1,8
Animal output 417 107,7 +0,3 +1,2 +4,9
Animals 255 106,4 +0,4 +3,3 +6,9
of which large cattle 112 97,1 +0,3 -0,2 -1,3
calves 20 99,6 +0,1 +7,1 +1,4
pigs 49 140,4 +0,7 +12,5 +38,2
sheep 14 101,8 +2,5 +6,0 +4,3
poultry 57 99,0 -0,5 -1,3 -1,2
of which chicken 39 98,7 -0,5 -1,4 -1,4
Milk 146 109,2 -0,2 -0,9 +1,7
of which cow milk 135 109,8 -0,2 -0,9 +1,8
Eggs 16 114,1 +3,0 -9,3 +2,8
  • /// Absence of meaning due to the nature of these series
  • (1) Including vegetables for industry.
  • Sources : Insee. SSP (ministry in charge of agriculture)

Purchase prices of the means of production rebounded slightly

In December 2019, the purchase prices for intermediate consumptions recovered slightly over one month (+0.2% after −0.2% in November) due to a rise in energy prices (+2.6%). Animal feed prices were almost stable in December, but fell by 2.5% year on year. Prices for crop protection products (−0.7% over one month; −4.8% year on year) and fertilizers and soil improvers (−1.3% over one month; −6.1% year on year) continued to decrease significantly. Intermediate consumer prices contracted further in December year on year (−0.7% after −1.5%).

Prices for investment goods and services picked up slightly over one month (+0.2% after −0.2%) and sped up slightly year on year (+0.8% after +0.4%).

Purchase prices of the means of agricultural production

Purchase 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
2019-07 103.7
2019-08 103.4
2019-09 103.7
2019-10 103.5
2019-11 103.3
2019-12 103.6

Purchase prices of the means of agricultural production

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

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

Raw data - base and reference 100 in 2015
Indices of purchase prices of the means of agricultural production (IPAMPA) (Raw data - base and reference 100 in 2015)
Variation as % over
Weights Dec. 2019 a month 3 months a year
Total input 1000 103,6 0.3 -0.1 -0.2
Intermediate consumptions 760 101,9 0.2 -0.2 -0.7
Energy (1) 93 119,6 2.6 2.5 5.6
Seeds 56 97,2 -0.2 -0.2 0.0
Fertilisers and soil improvers 107 90,9 -1.3 -2.3 -6.1
Plant protection products 84 92,8 -0.7 -2.4 -4.8
Animal feed 214 99,2 0.1 -0.3 -2.5
Veterinary expenses 37 110,7 0.3 0.8 2.6
Small equipment and tools 11 104,4 2.3 1.8 1.6
Maintenance of materials 88 108,9 0.1 0.6 3.0
Maintenance of buildings 9 107,6 0.0 0.1 1.5
Other goods and services 61 104,3 0.0 0.0 1.3
Goods and services contributing to investment 240 108,7 0.2 0.0 0.8
Material 168 108,8 0.3 0.4 1.1
Tractors 71 112,1 0.8 0.3 0.2
Machinery and equipment for cultivation 33 107,4 -0.1 0.6 2.5
Machinery and equipment for harvesting 38 107,0 0.0 0.1 1.1
Utility vehicles 16 103,2 0.4 1.6 2.2
Buildings 72 108,5 0.0 -0.9 0.2
  • (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)

Revision

The year on year variation of Agricultural price indices in November 2019 has been revised downwards by 0.1 points to −0.4%. The year on year variation of the purchase prices of the means of agricultural production was unchanged at −1.1% in November.

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 on 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: 28 February 2020 at 12:00

Documentation

Agricultural means of production purchasing price index

Agricultural producer price index

Pour en savoir plus

: bureau-de-presse@insee.fr
:

Publication calendar

Time series : Indices of agricultural prices