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Informations Rapides · 30 June 2022 · n° 177
Informations rapidesIn May 2022, agricultural producer prices continued to rise sharply year on year: +28.8% after +31.0% in April Indices of agricultural prices - May 2022

In May 2022, agricultural producer prices went up by 28.8% compared to May 2021 (after +31.0% in April 2022 compared to April 2021). Excluding fruits and vegetables, agricultural producer prices rose by 32.7% year on year (after +34.4% in April); over one month they slowed down (+1.8% after +3.3%).

Informations rapides
No 177
Paru le :Paru le30/06/2022
Prochaine parution le : 27/09/2024 at 12:00 - August 2024
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In May 2022, agricultural producer prices went up by 28.8% compared to May 2021 (after +31.0% in April 2022 compared to April 2021). Excluding fruits and vegetables, agricultural producer prices rose by 32.7% year on year (after +34.4% in April); over one month they slowed down (+1.8% after +3.3%).

Sharp rise of cereal prices over one month and year on year

In May 2022, cereal prices continued to go up sharply (+3.5% over one month after +2.9% in April). This persistent rise owes much to the soaring soft wheat prices (+3.6% after +4.2%) and maize prices (+4.0% after –2.3%) in the context of the war in Ukraine and international sanctions against Russia. The rise in cereal prices remained very sharp year on year (+74.5% after +75.5%).

Oilseed prices fell sharply in May 2022 (–14.4% over one month after +8.4%). Rapeseed prices also dropped sharply (–17.2% after +10.8%) in the context of change in the harvest year, while sunflower prices (–4.0% after –0.9%) continued to fall and soybean prices (+4.0% after –1.1%) recovered. Year on year, oilseed prices slowed down significantly, but continued to rise sharply (+57.0% after +96.4%).

Producer prices of cereals

Producer prices of cereals
Producer prices of cereals
2022-05 230.6
2022-04 223.1
2022-03 217.2
2022-02 158.7
2022-01 162.0
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

Further drop of fresh fruit prices and further rise of fresh vegetable prices year on year

Year on year, fresh fruit prices went down again in May 2022 (–21.1% after –6.5% in April). Strawberry (–27.0% after –8.0%), cherry (–18.5%) and apple (–12.5% after –8.4%) prices fell sharply. Fresh vegetable prices sped up year on year (+4.9% in May after +1.7%), with very contrasting trends depending on the seasonal products. The rise of tomato prices (+73.7% after +49.1%) was much more marked than those of salad (+11.4% after +30.2%) and cucumber (+11.1% after +53.2%). Conversely, endive (–26.6% after –23.7%) and asparagus (–38.9% after –5.9%) prices fell strongly.

Producer prices of fresh vegetables

Producer prices of fresh vegetables
Monthly agricultural producer price indices (IPPAP) - Fresh vegetables
2022-05 120.6
2022-04 145.6
2022-03 136.6
2022-02 121.0
2022-01 118.5
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)

Slowdown of animal prices over one month

In May 2022, animal prices slowed down over one month (+3.3% after +5.4%), in connection with the deceleration of pig (+2.4% after +13.0%) and large cattle (+3.5% after +4.1%) prices. Conversely, poultry prices accelerated (+4.2% after +2.6%).

Year on year, animal prices rose sharply in May 2022 (+22.7% after +21.7%). This sharp rise was due in particular to large cattle prices (+36.4% after +32.2%). The rises of poultry (+15.1% after +11.7%) and pig (+10.1% after +17.8%) prices were sharp but smaller.

Producer prices of pigs and large cattle

Producer prices of pigs and large cattle
Large cattle Pigs
2022-05 137.2 131.5
2022-04 132.5 128.4
2022-03 127.3 113.6
2022-02 120.2 106.4
2022-01 113.9 105.5
2021-12 111.6 103.2
2021-11 110.5 99.4
2021-10 107.7 99.9
2021-09 105.6 102.5
2021-08 103.9 105.9
2021-07 102.2 109.4
2021-06 101.5 118.3
2021-05 100.6 119.4
2021-04 100.2 109.0
2021-03 99.3 105.1
2021-02 98.0 103.8
2021-01 97.6 103.3
2020-12 97.4 102.4
2020-11 97.7 107.1
2020-10 97.8 110.4
2020-09 97.4 106.2
2020-08 97.6 103.8
2020-07 97.8 103.6
2020-06 97.6 103.7
2020-05 95.8 108.8
2020-04 94.3 116.7
2020-03 95.8 123.9
2020-02 96.3 124.6
2020-01 96.5 129.2
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.

Deceleration of egg prices and acceleration of milk prices year on year

In May 2022, egg prices slowed down very significantly over one month (+1.7% after +26.5%) and year on year (+88.0% after +95.6%), after the exceptional surge of the previous month. The price of cow milk sped up over one month (+3.3% after +2.0%) and year on year (+22.3% after +19.3%).

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 May 2022 a month 3 months a year
Agricultural goods output 1000 150.0 /// /// 28.8
excluding fruits and vegetables 906 153.0 1.8 17.5 32.7
Crop output (excluding fruits and vegetables) 489 167.6 0.9 20.2 38.7
Cereals 152 231.2 3.5 45.8 74.5
of which soft wheat 90 237.1 3.6 50.8 85.2
grain maize 27 228.4 4.0 40.4 39.1
Potatoes 29 212.0 /// /// 21.0
Wines 200 122.3 3.3 3.4 15.8
PDO wines 112 136.2 4.6 5.7 23.5
other wines 25 112.8 3.3 -1.3 13.6
Oleaginous 40 221.8 -14.4 18.2 57.0
Horticultural products 35 104.6 -2.2 -4.3 1.6
Other crop products 33 109.2 0.7 3.2 6.0
Fruit and vegetables (1) 94 120.6 /// /// -5.9
Fresh vegetables 45 120.6 /// /// 4.9
Fresh fruit 32 112.8 /// /// -21.1
Animal output 417 135.8 3.2 13.7 24.7
Animals 255 130.3 3.3 13.7 22.7
of which large cattle 112 137.2 3.5 14.1 36.4
calves 20 117.4 3.4 12.2 17.8
pigs 49 131.5 2.4 23.6 10.1
sheep 14 126.1 1.4 1.9 8.4
poultry 57 121.2 4.2 8.6 15.1
of which chicken 39 119.9 4.0 7.8 15.1
Milk 146 136.7 3.1 9.8 20.9
of which cow milk 135 139.0 3.3 10.4 22.3
Eggs 16 214.7 1.7 45.4 88.0
  • /// Not relevant due to the seasonal nature of the products
  • (1) Including vegetables for industry.
  • Sources : Insee, SSP (ministry in charge of agriculture)

Rise of input purchase prices over one month and year on year

In May 2022, the input purchase prices rose again over one month (+1.1% after +1.0% in April) and accelerated slightly year on year (+25.3% after +24.6%).

Over one month, the purchase prices of intermediate consumption went up (+1.3% in May 2022 after +0.7%). Animal food prices continued to rise markedly (+3.9% after +5.8%). The rises of energy (+0.7% after –12.8%), maintenance of materials (+0.7% as in April), plant protection product (+0.3% after +1.5%) and seed (+0.2% after +0.5%) prices were more moderate. Fertilizers and soil improver prices were stable (0.0% after +5.0%) and other goods and services prices fell very slightly (–0.1% after +0.2%). Year on year, the purchase prices of intermediate consumption accelerated slightly in May 2022 (+30.1% after +29.4%).

In May 2022, prices of investment goods and services slowed down over one month (+0.6% after +1.9%) and sped up year on year (+10.9% after +10.3%).

Purchase prices of the means of agricultural production

Purchase prices of the means of agricultural production
Purchase prices of the means of agricultural production
2022-05 135.9
2022-04 134.4
2022-03 133.1
2022-02 124.9
2022-01 123.0
2021-12 120.5
2021-11 119.5
2021-10 117.5
2021-09 113.2
2021-08 111.6
2021-07 111.0
2021-06 109.6
2021-05 108.5
2021-04 107.9
2021-03 107.6
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 May 2022 a month 3 months a year
Total input 1000 135.9 1.1 8.8 25.3
Intermediate consumptions 760 139.2 1.3 10.6 30.1
Energy (1) 93 168.4 0.7 11.7 47.2
Seeds 56 99.8 0.2 1.2 2.8
Fertilisers and soil improvers 107 208.3 0.0 21.0 108.3
Plant protection products 84 95.1 0.3 4.0 2.6
Animal feed 214 142.1 3.9 14.3 26.9
Veterinary expenses 37 117.9 0.2 1.8 3.7
Small equipment and tools 11 127.9 2.4 5.8 21.7
Maintenance of materials 88 119.8 0.7 1.9 5.4
Maintenance of buildings 9 117.1 0.0 1.2 4.4
Other goods and services 61 106.2 -0.1 0.1 1.3
Goods and services contributing to investment 240 125.6 0.6 3.4 10.9
Material 168 119.1 0.8 2.1 6.9
Tractors 71 122.5 0.8 1.5 5.5
Machinery and equipment for cultivation 33 117.2 0.5 2.1 7.5
Machinery and equipment for harvesting 38 115.8 0.5 2.0 7.5
Utility vehicles 16 111.6 0.7 2.8 6.3
Buildings 72 140.6 0.0 6.1 19.3
  • (1) The repayment of the domestic tax on energy product (TICPE) benefiting farmers has been applied in advance for the year 2022.
  • Sources : Insee, SSP (ministry in charge of agriculture)

Revisions

The year-on-year percentage change of the index of producer prices for agricultural products in April 2022 has been revised upwards by 0.2 percentage points at +31.0%, compared to the previous release. The year-on-year percentage change of the index of the purchase prices of inputs for agricultural production in April 2022 has been revised upwards by 0.5 percentage points at +24.6%.

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: 29 July 2022 at 12:00.

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Agricultural means of production purchasing price index

Agricultural producer price index

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