Insee
Informations Rapides · 28 January 2022 · n° 32
Informations rapidesIn December 2021, agricultural producer prices rose by 17.6% year on year Indices of agricultural prices - December 2021

In December 2021, agricultural producer prices went up by 17.6% year on year. It is the highest rise recorded since June 2011. Excluding fruits and vegetables, agricultural producer prices rose by 19.0% year on year (after +18.0% in November) and by 0.3% over one month (after +2.2%).

Informations rapides
No 32
Paru le :Paru le28/01/2022
Prochaine parution le : 27/09/2024 at 12:00 - August 2024
Imprimer
Découvrir la collection
Données
(zip, 382 Ko)

In December 2021, agricultural producer prices went up by 17.6% year on year. It is the highest rise recorded since June 2011. Excluding fruits and vegetables, agricultural producer prices rose by 19.0% year on year (after +18.0% in November) and by 0.3% over one month (after +2.2%).

Fall of cereal prices over one month, deceleration year on year

In December 2021, cereal prices fell back (–2.8% over one month after +6.2%). Soft wheat prices fell (–3.9% after +7.8%), due in particular to the large harvest prospects in Australia and Argentina. Maize prices fell (–2.4% after +2.8%), as harvests were abundant in Europe and the United States and were also expected to be plentiful in Brazil and Argentina. Year on year, cereal prices slowed down slightly, but continued nonetheless to rise very sharply (+37.9% after +40.6%).

Oilseed prices went down in December 2021 (–0.4% over one month after +3.3% in November). Rapeseed prices (–1.1% after +4.2%) fell, linked to the fall of oil and palm oil prices, as did soybean prices (–0.7% after +2.2%), while sunflower prices recovered (+2.7% after –0.4%). Year on year, oilseed prices slowed down slightly, while remaining on a strong upward trend (+56.3% after +58.2%).

Producer prices of cereals

Producer prices of cereals
Producer prices of cereals
2021-12 164.5
2021-11 169.2
2021-10 159.1
2021-09 146.0
2021-08 139.2
2021-07 123.6
2021-06 125.6
2021-05 132.2
2021-04 127.1
2021-03 128.8
2021-02 131.0
2021-01 129.3
2020-12 119.3
2020-11 120.3
2020-10 114.8
2020-09 107.6
2020-08 104.3
2020-07 105.5
2020-06 102.3
2020-05 105.2
2020-04 106.3
2020-03 103.0
2020-02 105.3
2020-01 106.5
2019-12 102.5
2019-11 101.0
2019-10 99.9
2019-09 95.1
2019-08 96.7
2019-07 99.7
2019-06 101.9
2019-05 100.8
2019-04 103.4
2019-03 103.1
2019-02 107.6
2019-01 114.3
2018-12 115.2
2018-11 114.1
2018-10 114.0
2018-09 114.7
2018-08 120.6
2018-07 109.1
2018-06 100.9
2018-05 97.3
2018-04 93.9
2018-03 93.5
2018-02 91.7
2018-01 90.5
2017-12 91.3
2017-11 92.4
2017-10 92.5
2017-09 92.5
2017-08 92.7
2017-07 96.7
2017-06 95.7
2017-05 93.1
2017-04 94.1
2017-03 96.8
2017-02 99.3
2017-01 98.6
2016-12 96.1
2016-11 96.8
2016-10 94.7
2016-09 92.7
2016-08 95.5
2016-07 94.8
2016-06 91.1
2016-05 86.8
2016-04 84.7
2016-03 83.6
2016-02 85.3
2016-01 89.6
2015-12 97.0
2015-11 100.1
2015-10 98.2
2015-09 92.7
2015-08 97.8
2015-07 109.0
2015-06 98.5
2015-05 92.9
2015-04 100.6
2015-03 102.5
2015-02 102.6
2015-01 108.1
2014-12 108.0
2014-11 102.1
2014-10 95.1
2014-09 90.3
2014-08 98.9
2014-07 102.7
2014-06 104.1
2014-05 107.6
2014-04 114.9
2014-03 114.6
2014-02 108.1
2014-01 108.3

Producer prices of cereals

  • Source: INSEE

Rise of fresh fruit prices and rebound of fresh vegetable prices year on year

Year on year, fresh fruit prices rose again in December 2021 (+5.0% after +5.4% in November and +12.1% in October). The trends were varied: prices went up for kiwis (+20.2%) and nuts (+13.0% after +13.5%), were virtually stable for apples (+0.1% after +2.0%) and fell back for clementines (–1.9% after +3.8%). Fresh vegetable prices recovered year on year (+5.8% in December after –9.4%) with very contrasting trends depending on the product. Thus, cauliflower prices (+63.6% after +82.6%) and salad prices (+31.1% after –6.3%) rose sharply year on year, while those of leeks (–9.2% after –13.1%), carrots (–18.3% after –22.8%) and endives (–27.8% after –46.5%) continued to fall.

Producer prices of fresh vegetables

Producer prices of fresh vegetables
Monthly agricultural producer price indices (IPPAP) - Fresh vegetables
2021-12 120.2
2021-11 120.8
2021-10 117.1
2021-09 114.6
2021-08 127.9
2021-07 119.3
2021-06 114.9
2021-05 115.0
2021-04 143.1
2021-03 148.2
2021-02 137.4
2021-01 135.7
2020-12 113.6
2020-11 133.4
2020-10 128.4
2020-09 117.7
2020-08 118.8
2020-07 106.4
2020-06 117.8
2020-05 118.9
2020-04 176.3
2020-03 147.6
2020-02 118.2
2020-01 136.7
2019-12 131.2
2019-11 132.2
2019-10 103.9
2019-09 113.8
2019-08 108.1
2019-07 117.6
2019-06 124.2
2019-05 99.8
2019-04 117.7
2019-03 121.9
2019-02 132.7
2019-01 147.5
2018-12 138.0
2018-11 132.5
2018-10 112.8
2018-09 119.9
2018-08 103.6
2018-07 97.4
2018-06 102.4
2018-05 103.5
2018-04 109.5
2018-03 117.6
2018-02 102.8
2018-01 101.6
2017-12 97.6
2017-11 98.4
2017-10 97.9
2017-09 100.9
2017-08 94.1
2017-07 85.8
2017-06 102.8
2017-05 97.9
2017-04 111.2
2017-03 107.4
2017-02 133.5
2017-01 132.4
2016-12 113.3
2016-11 119.0
2016-10 110.1
2016-09 97.2
2016-08 101.6
2016-07 116.7
2016-06 102.3
2016-05 101.0
2016-04 114.9
2016-03 128.4
2016-02 94.2
2016-01 96.3

Producer prices of fresh vegetables

  • Source: SSP (ministry in charge of agriculture)

Rise of animal prices over one month

Over one month, in December 2021, animal prices rose (+1.6% as in November), due to the rises in pig prices (+4.6% after –0.4%) and in large cattle prices (+1.2% after +3.2%).

Year on year, animal prices accelerated in December (+10.3% after +7.8%). Large cattle prices sped up (+14.9% after +13.3%) and pig prices rebounded slightly (+0.8% after –7.2%).

Producer prices of pigs and large cattle

Producer prices of pigs and large cattle
Large cattle Pigs
2021-12 112.6 102.3
2021-11 111.3 97.8
2021-10 107.9 98.2
2021-09 105.3 101.6
2021-08 103.5 104.8
2021-07 101.6 110.2
2021-06 101.1 120.5
2021-05 100.2 121.4
2021-04 100.1 110.4
2021-03 99.4 104.6
2021-02 98.1 103.6
2021-01 98.0 103.9
2020-12 98.0 101.5
2020-11 98.2 105.4
2020-10 98.0 108.6
2020-09 97.3 105.2
2020-08 97.3 103.0
2020-07 97.4 104.6
2020-06 97.3 105.6
2020-05 95.5 110.8
2020-04 94.4 118.2
2020-03 95.9 122.9
2020-02 96.3 124.2
2020-01 96.6 129.3
2019-12 96.9 136.4
2019-11 96.7 133.2
2019-10 96.4 131.8
2019-09 97.2 125.8
2019-08 97.0 120.2
2019-07 97.2 118.9
2019-06 98.5 117.3
2019-05 98.8 115.4
2019-04 98.9 109.4
2019-03 98.7 101.6
2019-02 99.1 101.0
2019-01 98.5 101.7
2018-12 96.5 100.9
2018-11 96.3 99.3
2018-10 98.5 96.9
2018-09 99.7 95.5
2018-08 99.8 92.9
2018-07 100.1 92.5
2018-06 98.9 93.5
2018-05 98.8 95.3
2018-04 97.8 96.7
2018-03 97.9 100.4
2018-02 96.5 100.0
2018-01 96.8 98.7
2017-12 99.9 103.0
2017-11 100.4 102.3
2017-10 100.7 99.9
2017-09 99.6 99.4
2017-08 97.9 105.1
2017-07 97.6 108.7
2017-06 98.9 111.7
2017-05 98.7 117.5
2017-04 98.5 119.3
2017-03 97.3 116.5
2017-02 97.2 117.2
2017-01 96.7 115.9
2016-12 96.6 113.9
2016-11 94.8 111.1
2016-10 93.0 111.9
2016-09 91.9 110.5
2016-08 92.6 106.3
2016-07 93.3 106.2
2016-06 93.8 102.5
2016-05 94.1 96.6
2016-04 95.3 90.2
2016-03 96.6 92.9
2016-02 96.8 96.1
2016-01 97.6 97.0
2015-12 98.4 94.7
2015-11 100.1 99.2
2015-10 101.7 102.8
2015-09 102.3 101.9
2015-08 102.3 103.2
2015-07 102.1 100.0
2015-06 100.3 99.7
2015-05 99.1 100.4
2015-04 98.6 99.8
2015-03 98.5 101.3
2015-02 98.1 98.3
2015-01 98.3 98.0
2014-12 98.1 98.7
2014-11 96.9 99.8
2014-10 98.4 96.6
2014-09 99.9 97.9
2014-08 100.2 106.0
2014-07 100.5 111.0
2014-06 101.4 113.6
2014-05 103.1 118.8
2014-04 103.8 119.1
2014-03 103.8 107.2
2014-02 104.4 109.2
2014-01 104.6 116.8

Producer prices of pigs and large cattle

  • Source: INSEE.

Sharp acceleration of egg prices and rise of milk prices year on year

In December 2021, egg prices bounced back over one month (+3.3% after –11.5%) and soared year on year (+76.0% after +47.4%). The price of cow milk accelerated over one month (+1.1% after +0.7%) as well as year on year (+8.2% after +7.2%).

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. 2021 a month 3 months a year
Agricultural goods output 1000 127.6 /// /// 17.6
excluding fruits and vegetables 906 128.5 0.3 6.3 19.0
Crop output (excluding fruits and vegetables) 489 141.2 -0.7 8.6 25.0
Cereals 152 164.2 -2.8 12.5 37.9
of which soft wheat 90 165.5 -3.9 12.4 36.3
grain maize 27 158.2 -2.4 8.1 28.5
Potatoes 29 213.1 /// /// 11.2
Wines 200 117.2 1.5 7.8 17.6
PDO wines 112 126.9 2.4 11.9 30.7
other wines 25 108.1 0.4 7.7 13.7
Oleaginous 40 179.3 -0.4 14.1 56.3
Horticultural products 35 116.2 4.5 9.7 7.2
Other crop products 33 106.1 0.4 1.3 3.4
Fruit and vegetables (1) 94 118.5 /// /// 4.4
Fresh vegetables 45 120.2 /// /// 5.8
Fresh fruit 32 129.3 /// /// 5.0
Animal output 417 113.3 1.4 2.8 11.1
Animals 255 110.1 1.6 4.0 10.3
of which large cattle 112 112.6 1.2 6.9 14.9
calves 20 104.5 -0.5 -0.4 10.7
pigs 49 102.3 4.6 0.7 0.8
sheep 14 122.1 1.2 6.4 11.2
poultry 57 110.3 0.6 1.8 9.6
of which chicken 39 109.7 1.3 2.0 9.5
Milk 146 117.9 1.0 2.1 7.7
of which cow milk 135 118.9 1.1 2.2 8.2
Eggs 16 121.1 3.3 -6.4 76.0
  • /// Not relevant due to the seasonal nature of the products
  • (1) Including vegetables for industry.
  • Sources : Insee, SSP (ministry in charge of agriculture)

Slowdown of input purchase prices over one month, acceleration year on year

In December 2021, the input purchase prices slowed down over one month (+1.0% after +1.7% in November) and sped up slightly year on year (+17.1% after +16.5%).

The purchase prices of intermediate consumption decelerated over one month (+1.3% in December 2021 after +1.9%). Fertilizers and soil improver prices (+5.9% as in November) and animal food prices (+1.7% after +1.9%) went up, while plant protection product prices (–1.3% after –0.8%) and energy prices (–2.0% after +1.5%) fell. Year on year, prices of intermediate consumption accelerated again in December 2021 (+19.8% after +19.1% and +17.6%).

Prices of investment goods and services slowed down over one month (+0.2% after +1.3%) but sped up slightly over a year (+9.4% after +9.2%).

Purchase prices of the means of agricultural production

Purchase prices of the means of agricultural production
Purchase prices of the means of agricultural production
2021-12 120.7
2021-11 119.5
2021-10 117.5
2021-09 113.3
2021-08 111.7
2021-07 111.0
2021-06 109.6
2021-05 108.5
2021-04 107.9
2021-03 107.5
2021-02 106.4
2021-01 104.5
2020-12 103.1
2020-11 102.6
2020-10 102.1
2020-09 101.5
2020-08 101.8
2020-07 101.8
2020-06 101.8
2020-05 101.7
2020-04 101.7
2020-03 102.3
2020-02 103.4
2020-01 103.6
2019-12 103.5
2019-11 103.3
2019-10 103.6
2019-09 103.7
2019-08 103.3
2019-07 103.7
2019-06 103.8
2019-05 104.4
2019-04 104.6
2019-03 104.4
2019-02 104.1
2019-01 103.6
2018-12 103.8
2018-11 104.5
2018-10 104.6
2018-09 103.6
2018-08 102.7
2018-07 102.2
2018-06 101.9
2018-05 102.0
2018-04 101.1
2018-03 100.4
2018-02 100.1
2018-01 100.1
2017-12 99.3
2017-11 99.2
2017-10 98.9
2017-09 98.4
2017-08 98.0
2017-07 97.9
2017-06 98.1
2017-05 98.7
2017-04 99.1
2017-03 98.9
2017-02 99.0
2017-01 98.6
2016-12 98.3
2016-11 97.2
2016-10 97.4
2016-09 97.0
2016-08 96.9
2016-07 97.3
2016-06 97.8
2016-05 97.9
2016-04 97.4
2016-03 97.6
2016-02 97.5
2016-01 97.8
2015-12 98.3
2015-11 99.3
2015-10 99.5
2015-09 99.6
2015-08 99.7
2015-07 100.2
2015-06 100.6
2015-05 101.3
2015-04 101.1
2015-03 100.7
2015-02 100.5
2015-01 99.1
2014-12 99.5
2014-11 100.4
2014-10 101.0
2014-09 101.6
2014-08 102.1
2014-07 102.5
2014-06 103.1
2014-05 103.3
2014-04 103.3
2014-03 103.1
2014-02 103.0
2014-01 102.9

Purchase prices of the means of agricultural production

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

Indices of purchase prices of inputs of agricultural production (IPPIAP)

Raw data - base and reference 100 in 2015
Indices of purchase prices of inputs of agricultural production (IPPIAP) (Raw data - base and reference 100 in 2015)
Variation as % over
Weights Dec. 2021 a month 3 months a year
Total input 1000 120.7 1.0 6.5 17.1
Intermediate consumptions 760 120.8 1.3 8.1 19.8
Energy (1) 93 132.0 -2.0 8.6 30.8
Seeds 56 98.8 0.6 1.3 2.1
Fertilisers and soil improvers 107 164.8 5.9 36.0 90.3
Plant protection products 84 90.9 -1.3 -2.0 -0.3
Animal feed 214 119.2 1.7 4.6 14.3
Veterinary expenses 37 114.4 0.1 0.3 0.8
Small equipment and tools 11 121.1 1.6 5.9 21.7
Maintenance of materials 88 115.8 0.3 0.9 2.9
Maintenance of buildings 9 113.6 0.0 0.4 3.3
Other goods and services 61 105.7 0.1 0.5 0.8
Goods and services contributing to investment 240 120.4 0.2 1.9 9.4
Material 168 116.7 0.3 2.7 5.7
Tractors 71 121.0 0.0 2.5 6.1
Machinery and equipment for cultivation 33 115.3 2.0 3.7 5.4
Machinery and equipment for harvesting 38 113.5 0.6 4.0 5.3
Utility vehicles 16 107.7 0.1 1.7 2.5
Buildings 72 128.9 0.0 0.2 18.0
  • (1) The repayment of the domestic tax on energy product (TICPE) benefiting farmers has been applied in advance for the year 2021.
  • Sources : Insee, SSP (ministry in charge of agriculture)

Revisions

For November 2021, the year-on-year percentage change of the index of producer prices for agricultural products is left unchanged at +15.8%, compared to the previous release. The year-on-year percentage change of the index of the purchase prices of inputs for agricultural production in November 2021 has been revised upwards by 0.3 points at +16.5%.

More about French agricultural price indices

The index of producer prices for agricultural products (IPPAP) measures the change in product prices when the products 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 seasonal pattern. As a result their variations can be interpreted only year on year. If needed, indices are seasonally adjusted.

The index of the purchase prices of inputs for agricultural production (IPPIAP) reflects the price evolution of goods and services used in the agricultural process. It is not seasonally adjusted.

The methodology of IPPAP is available on the Insee web site: https://www.insee.fr/en/metadonnees/source/indicateur/p1657/description

and IPPIAP: https://www.insee.fr/en/metadonnees/source/indicateur/p1652/description

Next issue: 25 February 2022 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