Informations rapides
4 June 2020
2020- n° 142
In April 2020, agricultural producer prices increased by 1.9% year on year Indices of agricultural prices - April 2020

In April 2020, agricultural producer prices increased by 1.9% year on year. Excluding fruit and vegetables, they decreased by 1.2% over one month and by 0.9% year on year.

Informations rapides
No 142
Paru le :Paru le04/06/2020
Prochaine parution le : 30/04/2025 at 12:00 - March 2025
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Due to the population lockdown in effect from 17 March to 10 May, response rates to the surveys used to compile the agricultural price indices are lower than usual; as a result, the indices published in this issue of Informations Rapides could be subject to larger than usual revisions.

In April 2020, agricultural producer prices increased by 1.9% year on year. Excluding fruit and vegetables, they decreased by 1.2% over one month and by 0.9% year on year.

Rebound in cereal prices over one month

In April 2020, cereal prices rebounded (+3.0% over one month after –1.9% in March) driven by the rebound in soft wheat prices (+5.5% over one month after –2.8%) due to fears of drought in Europe, while maize prices continued to fall (–2.2% over one month after –2.0%). Year on year, cereal prices rose again (+2.7% in April after 0.0%).

Oilseed prices continued to decline: –0.2% over one month after –6.1% in March. Rapeseed prices are held back by the dip in oil prices but supported by reduced supply and their decline eased (–1.1% after –7.1%). Soybean prices stabilized (0.0% after –2.7%) and sunflower prices rebounded (+4.1% after –2.0%). Year on year, oilseed prices slowed down (+1.8% after +3.1%).

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
2020-01 106.5
2020-02 105.3
2020-03 103.0
2020-04 106.3

Producer prices of cereals

  • Source: INSEE.

Very strong year-on-year increases in fresh fruit and vegetables prices

Year on year, fresh fruit prices rose sharply (+10.9% in April 2020 after +0.8%), in connection with the rise of some seasonal fruits prices: apples (+6.7%), strawberries (+14.6%) and kiwis (+27.6%). Year on year, fresh vegetables prices were very dynamic (+49.8% after +21.1%). Asparagus prices increased by 15.6%, salads prices by 19.5%, cucumbers prices by 47.8%, tomatoes prices by 66.1%, cauliflowers prices by 94.9% and endives prices by 171.5%.

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
2020-01 136.7
2020-02 118.2
2020-03 147.6
2020-04 176.3

Producer prices of fresh vegetables

  • Source: SSP (ministry in charge of agriculture)

Pig prices: slowdown year on year and decline over one month

In April 2020, animal prices fell back (–3.2% over one month after +0.5%) mainly due to a decline in pig prices (–7.7% after +1.5% in March) which slowed down year on year (+7.7% after +21.4%). In addition, cattle prices fell back over one month (–1.4% after +0.5%) and decreased further year on year (–4.6% after –2.9% in March).

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 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
2020-03 95.7 127.0
2020-04 94.4 117.2

Producer prices of pigs and large cattle

  • Source: INSEE.

Large increase in egg prices and decrease milk prices year on year

In April 2020, egg prices accelerated over one month (+11.9% after +8.5%) and year on year (+17.5% after +15.5%) due to limited supply. The price of cow's milk fell by –0.8% over one month (as in March). Year on year, it fell by 2.1% (after –0.8% in March).

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 April 2020 a month 3 months a year
Agricultural goods output 1000 110.2 /// /// +1.9
excluding fruits and vegetables 906 106.6 -1.2 -1.8 -0.9
Crop output (excluding fruits and vegetables) 489 108.4 -0.9 -1.9 -1.2
Cereals 152 106.7 +3.0 +0.1 +2.7
of which soft wheat 90 113,0 +5.5 +1.1 +5.2
grain maize 27 101.6 -2.2 -6.0 -1.2
Potatoes 29 193.4 /// /// -4.4
Wines 200 103.1 -5.1 -2.5 -3.5
PDO wines 112 102.6 -8.5 -5.2 -7.1
other wines 25 101,0 -1.1 +4.7 +6.3
Oleaginous 40 95.3 -0.2 -9.9 +1.8
Horticultural products 35 103.2 +0.1 -3.4 -0.4
Other crop products 33 97.6 -0.2 -1.3 -4.3
Fruit and vegetables (1) 94 147.4 /// /// +30.2
Fresh vegetables 45 176.3 /// /// +49.8
Fresh fruit 32 121.7 /// /// +10.9
Animal output 417 104.6 -1.6 -1.7 -0.6
Animals 255 100,0 -3.2 -3.8 -1.2
of which large cattle 112 94.4 -1.4 -0.7 -4.6
calves 20 91.1 -6.4 -7.1 -0.5
pigs 49 117.2 -7.7 -10.9 +7.7
sheep 14 97.8 -6.8 -6.9 -3.9
poultry 57 99.5 +0.2 +0.5 -2.2
of which chicken 39 99.3 +0.2 +0.4 -2.3
Milk 146 109.2 -0.7 -1.3 -1.8
of which cow milk 135 109.6 -0.8 -1.4 -2.1
Eggs 16 134.1 +11.9 +24.6 +17.5
  • /// Absence of meaning due to the nature of these series
  • (1) Including vegetables for industry.
  • Sources : Insee. SSP (ministry in charge of agriculture)

New decrease in the price of the means of production

In April 2020, the purchase prices of intermediate consumption decreased over one month (–0.8% after –1.2% in March). They were pulled down by a new sharp fall in energy prices (–8.5% after –10.9%) and by the decline in fertilisers and soil improvers prices (–0.3% over one month after 0.0%). Crop protection products prices (+0.8% after +1.3%) and animal feed prices (+0.5% after +0.6%) continued to rise. Year on year, the decrease in intermediate consumer prices accelerated in April (–3.9% after –2.9%).

Prices for investment goods and services were almost stable over one month (+0.1% after –0.3%) and continued to rise year on year (+0.8% after +0.9%).

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
2019-08 103.3
2019-09 103.7
2019-10 103.6
2019-11 103.3
2019-12 103.6
2020-01 103.6
2020-02 103.4
2020-03 102.4
2020-04 101.8

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 April 2020 a month 3 months a year
Total input 1000 101.8 -0.6 -1.7 -2.7
Intermediate consumptions 760 99.4 -0.8 -2.5 -3.9
Energy (1) 93 92.3 -8.5 -22.4 -22.0
Seeds 56 98,0 0.2 0.5 0.4
Fertilisers and soil improvers 107 89.6 -0.3 -0.7 -6.3
Plant protection products 84 93.9 0.8 2.3 -3.2
Animal feed 214 101.3 0.5 1.7 -0.7
Veterinary expenses 37 112,0 0.6 1.1 2.6
Small equipment and tools 11 100.4 -0.1 -1.2 -1.7
Maintenance of materials 88 110.2 0.0 0.4 2.6
Maintenance of buildings 9 108.2 0.0 0.1 1.2
Other goods and services 61 104.8 0.0 0.1 0.9
Goods and services contributing to investment 240 109.4 0.1 0.4 0.8
Material 168 109.8 0.1 0.5 1.5
Tractors 71 114.2 0.4 1.5 2.1
Machinery and equipment for cultivation 33 107.1 -0.3 -1.0 0.8
Machinery and equipment for harvesting 38 107.5 0.0 0.1 0.8
Utility vehicles 16 102.7 0.0 -0.2 1.2
Buildings 72 108.5 0.0 0.0 -0.6
  • (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 March 2020 has been revised upwards by 0.8 points to +2.0%. The year-on-year variation of the purchase prices of the means of agricultural production was unchanged in March 2020 at –1.9%.

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 fruit 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 June 2020 at 12:00

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Agricultural means of production purchasing price index

Agricultural producer price index

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