31 March 2020
2020- n° 91In February 2020, agricultural producer prices diminished by 0.2% year on year Indices of agricultural prices - February 2020
In February 2020, agricultural producer prices diminished by 0.2% year on year. Excluding fruit and vegetables, they decreased by 1.0% over one month and increased by 0.2% year on year.
- Decrease in cereal and oilseed prices over one month
- Rebound in fresh fruit prices and decrease in fresh vegetables prices year on year
- Pig prices continued to rise sharply year-on-year but fell again over one month
- Decrease in egg prices and rise in milk prices year on year
- Slight decline in the price of the means of production
- Revision
- To know more about French agricultural price indices
In February 2020, agricultural producer prices diminished by 0.2% year on year. Excluding fruit and vegetables, they decreased by 1.0% over one month and increased by 0.2% year on year.
Decrease in cereal and oilseed prices over one month
In February 2020, cereal prices declined slightly (–0.9% over one month after +4.1% in January) in the wake of the decrease in soft wheat prices (–1.4% over one month after +5.5%) and maize prices (–1.9% over one month after +2.4%). Year on year, cereal prices were still on a downward trend (–2.1% in February after –6.8%).
Similarly, oilseed prices were down: –3.9% over one month after +1.3% in January. This decline concerned both rapeseed prices (–2.9% after +1.1%) and sunflower prices (–8.9% after +2.0%). The fall in soybean prices is very moderate (–0.2% after +1.9%) in a context of trade agreements between the United States and China. Year-on-year, oilseed prices remained dynamic but slowed down (+8.2% after +11.3%).
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 |
2019-09 | 95.1 |
2019-10 | 99.9 |
2019-11 | 101.0 |
2019-12 | 102.5 |
2020-01 | 106.5 |
2020-02 | 105.3 |
graphiqueProducer prices of cereals
Rebound in fresh fruit prices and decrease in fresh vegetables prices year on year
Year-on-year, fresh fruit prices recovered slightly (+1.1% in February 2020 after –0.5%), in line with the rise of some seasonal fruits prices: kiwis (+9.5%) and pears (+9.0%). Conversely, walnuts prices fell by 1.0% and apples prices by 0.3%. Year on year, fresh vegetables prices fell by 10.9%: Carrots prices by 7.7%, salads prices by 19.2% and leeks prices by 24.4%, whereas endives prices increased by 13.0%.
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 |
2019-09 | 113.8 |
2019-10 | 103.9 |
2019-11 | 132.2 |
2019-12 | 131.2 |
2020-01 | 136.7 |
2020-02 | 118.2 |
graphiqueProducer prices of fresh vegetables
Pig prices continued to rise sharply year-on-year but fell again over one month
In February 2020, animal prices fell again (–1.4% in one month after –1.3%), due to a second consecutive month of declines in pig prices (–4.9% after –5.5% in January), following ten months of increases. Year-on-year, prices remained buoyant (+23.0%) in connection with the swine fever epidemic that has decimated the Chinese stock. Moreover, cattle prices were almost stable during the last three months. Year-on-year, they went down further (–2.9% after –1.9% in January).
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 | 98.3 | 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 | 96.8 | 98.7 |
2018-02 | 96.5 | 100.0 |
2018-03 | 97.9 | 100.4 |
2018-04 | 97.8 | 96.7 |
2018-05 | 98.8 | 95.3 |
2018-06 | 98.9 | 93.5 |
2018-07 | 100.1 | 92.5 |
2018-08 | 99.8 | 92.9 |
2018-09 | 99.7 | 95.5 |
2018-10 | 98.5 | 96.9 |
2018-11 | 96.3 | 99.3 |
2018-12 | 96.5 | 100.9 |
2019-01 | 96.9 | 102.9 |
2019-02 | 98.0 | 101.7 |
2019-03 | 98.6 | 104.6 |
2019-04 | 99.0 | 108.8 |
2019-05 | 99.6 | 114.2 |
2019-06 | 99.7 | 115.1 |
2019-07 | 98.9 | 115.4 |
2019-08 | 98.3 | 117.1 |
2019-09 | 98.2 | 125.3 |
2019-10 | 96.3 | 133.1 |
2019-11 | 95.3 | 137.5 |
2019-12 | 95.2 | 139.1 |
2020-01 | 95.1 | 131.5 |
2020-02 | 95.2 | 125.1 |
graphiqueProducer prices of pigs and large cattle
Decrease in egg prices and rise in milk prices year on year
In February 2020, egg prices recovered over one month (+2,6% after –5.7%) due to a large demand while they dropped further year on year (–3.1% after –2.3%). The price of cow's milk stabilized over one month (after +0.3% in January). Year on year, it increased by 2.1% (after +2.5% in January).
tableauIndex of producer prices of agricultural products (IPPAP)
Variation as % over | |||||
---|---|---|---|---|---|
Weights | Feb. 2020 | a month | 3 months | a year | |
Agricultural goods output | 1000 | 107.9 | /// | /// | -0.2 |
excluding fruits and vegetables | 906 | 107.5 | -1.0 | -0.4 | +0.2 |
Crop output (excluding fruits and vegetables) | 489 | 109.1 | -1.4 | +0.4 | -1.4 |
Cereals | 152 | 105.6 | -0.9 | +4.8 | -2.1 |
of which soft wheat | 90 | 110.2 | -1.4 | +6.1 | -1.8 |
grain maize | 27 | 106.0 | -1.9 | +2.0 | -2.8 |
Potatoes | 29 | 189.4 | /// | /// | -2.8 |
Wines | 200 | 104.1 | -1.5 | -1.1 | -1.8 |
PDO wines | 112 | 106.0 | -2.0 | -1.1 | -2.8 |
other wines | 25 | 93.8 | -2.8 | -4.1 | -1.3 |
Oleaginous | 40 | 101.7 | -3.9 | +0.2 | +8.2 |
Horticultural products | 35 | 106.1 | -0.7 | -1.8 | -2.1 |
Other crop products | 33 | 98.9 | 0.0 | -3.2 | -3.3 |
Fruit and vegetables (1) | 94 | 113.9 | /// | /// | -4.6 |
Fresh vegetables | 45 | 118.2 | /// | /// | -10.9 |
Fresh fruit | 32 | 114.3 | /// | /// | +1.1 |
Animal output | 417 | 105.6 | -0.8 | -1.3 | +2.3 |
Animals | 255 | 102.3 | -1.4 | -2.6 | +2.8 |
of which large cattle | 112 | 95.2 | +0.1 | -0.1 | -2.9 |
calves | 20 | 97.2 | -0.9 | -1.4 | +1.4 |
pigs | 49 | 125.1 | -4.9 | -9.0 | +23.0 |
sheep | 14 | 108.0 | +2.9 | +8.7 | +10.2 |
poultry | 57 | 99.2 | +0.2 | -0.3 | -2.3 |
of which chicken | 39 | 99.0 | +0.1 | -0.2 | -2.5 |
Milk | 146 | 110.8 | 0.0 | +0.8 | +1.9 |
of which cow milk | 135 | 111.5 | 0.0 | +0.9 | +2.1 |
Eggs | 16 | 110.4 | +2.6 | -1.6 | -3.1 |
- /// Absence of meaning due to the nature of these series
- (1) Including vegetables for industry.
- Sources : Insee. SSP (ministry in charge of agriculture)
Slight decline in the price of the means of production
In January 2020, the purchase prices for intermediate consumption fell by 0.4% (after –0.1% In January). They are driven down by the fall in energy prices (–4.9% over one month). Conversely, prices of crop protection products recovered (+0.7% after –0.5%) and prices of food prices for animals sped up (+0.6% after +0.2%). Year on year, the fall in prices for intermediate consumption went down further (-1.5% after -0.5%).
Prices for investment goods and services rose significantly over one month (+0.6% after +0.2% in January) and accelerated year on year (+1.4% after +1.1%).
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 | 103.7 |
2019-08 | 103.3 |
2019-09 | 103.6 |
2019-10 | 103.5 |
2019-11 | 103.3 |
2019-12 | 103.5 |
2020-01 | 103.5 |
2020-02 | 103.3 |
graphiquePurchase prices of the means of agricultural production
tableauIndices of purchase prices of the means of agricultural production (IPAMPA)
Variation as % over | |||||
---|---|---|---|---|---|
Weights | Feb. 2020 | a month | 3 months | a year | |
Total input | 1000 | 103.3 | -0.2 | 0.0 | -0.8 |
Intermediate consumptions | 760 | 101.4 | -0.4 | -0.3 | -1.5 |
Energy (1) | 93 | 113.2 | -4.9 | -2.9 | -1.8 |
Seeds | 56 | 97.5 | -0.1 | 0.0 | 0.4 |
Fertilisers and soil improvers | 107 | 90.2 | 0.0 | -2.1 | -6.6 |
Plant protection products | 84 | 92.5 | 0.7 | -0.9 | -3.2 |
Animal feed | 214 | 100.0 | 0.6 | 1.0 | -2.2 |
Veterinary expenses | 37 | 111.0 | 0.2 | 0.5 | 2.1 |
Small equipment and tools | 11 | 102.2 | 0.7 | 0.1 | 0.2 |
Maintenance of materials | 88 | 110.1 | 0.3 | 1.2 | 2.9 |
Maintenance of buildings | 9 | 108.1 | 0.0 | 0.3 | 1.6 |
Other goods and services | 61 | 104.2 | 0.0 | 0.0 | 1.4 |
Goods and services contributing to investment | 240 | 109.5 | 0.6 | 1.0 | 1.4 |
Material | 168 | 110.1 | 0.7 | 1.4 | 2.3 |
Tractors | 71 | 114.0 | 1.3 | 2.2 | 2.8 |
Machinery and equipment for cultivation | 33 | 108.0 | -0.2 | 0.4 | 2.2 |
Machinery and equipment for harvesting | 38 | 108.3 | 0.8 | 0.9 | 1.6 |
Utility vehicles | 16 | 102.9 | 0.0 | 0.4 | 1.6 |
Buildings | 72 | 107.9 | 0.0 | -0.1 | -1.0 |
- (1) The repayment of the domestic tax on energy product (TICPE) benefiting farmers has been applied in advance for the year 2020.
- Sources : Insee. SSP (ministry in charge of agriculture)
Revision
The year on year variation of Agricultural price indices in January 2020 has been revised downwards by 0.1 points and is now considered stable. The year on year variation of the purchase prices of the means of agricultural production was unchanged in January 2020: it decreased by 0.1% over one year.
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: 30 April 2020 at 12:00
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Time series : Indices of agricultural prices