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Informations Rapides · 29 July 2022 · n° 206
Informations rapidesIn June 2022, agricultural producer prices slowed down slightly year on year: +25.3% after +28.8% in May Indices of agricultural prices - June 2022

In June 2022, agricultural producer prices went up by 25.3% compared to June 2021 (after +28.8% in May 2022 compared to May 2021). Excluding fruits and vegetables, agricultural producer prices rose by 30.0% year on year (after +32.6% in May); they fell over one month (–2.7% after +1.7%).

Informations rapides
No 206
Paru le :Paru le29/07/2022
Prochaine parution le : 30/04/2024 at 12:00 - March 2024
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In June 2022, agricultural producer prices went up by 25.3% compared to June 2021 (after +28.8% in May 2022 compared to May 2021). Excluding fruits and vegetables, agricultural producer prices rose by 30.0% year on year (after +32.6% in May); they fell over one month (–2.7% after +1.7%).

Fall of cereal prices over one month and slight deceleration year on year

In June 2022, cereal prices fell over one month (–6.1% after +3.5% in May). This drop was due to the fall of soft wheat prices (–5.8% after +3.6%) and that of maize prices (–9.2% after +4.0%), as a result of fears of a global economic recession and in the context of the negotiations taking place with Russia to unblock Ukrainian exports. The rise in cereal prices remained very sharp year on year (+72.6% after +74.5%).

Oilseed prices went down sharply in June 2022 (–11.0% over one month after –14.4%) due to falls of sunflower (–17.1% after –4.0%), rapeseed (–10.2% after –17.2%) and, to a lesser extent, soybean (–0.2% after +4.0%) prices. Year on year, oilseed prices slowed down, but continued to rise sharply (+43.3% after +57.0%).

Producer prices of cereals

Producer prices of cereals
Producer prices of cereals
2022-06 216.7
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 June 2022 (–10.3% after –21.1% in May). Cherry (–34.8% after –18.5%), apricot (–11.2%) and apple (–7.8% after –12.5%) prices dropped sharply. The fall was less marked for nectarine (–5.9%) and peach (–2.2%) prices. Conversely, strawberry prices rebounded sharply (+22.4% after –27.0%). Fresh vegetable prices rose year on year (+4.6% in June after +4.9%), with very contrasting trends depending on the seasonal products. The rise of courgette (+33.0% after –7.3%), cucumber (+24.5% after +11.1%) and tomato (+17.6% after +73.7%) prices was much more pronounced than that of salad (+8.7% after +11.4%). Conversely, carrot prices continued to fall (–6.5% after –15.9% in May and –23.6% in April).

Producer prices of fresh vegetables

Producer prices of fresh vegetables
Monthly agricultural producer price indices (IPPAP) - Fresh vegetables
2022-06 120.2
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 but acceleration year on year

In June 2022, animal prices slowed down over one month (+1.4% after +3.4%), in connection with the fall of pig prices (–1.2% after +2.4%) and the deceleration of large cattle prices (+1.0% after +3.5%). Poultry prices rose at the same rate as in May (+4.7% after +4.6%).

Year on year, animal prices continued to accelerate in June 2022 (+23.9% after +22.8% in May, +21.7% in April and +17.5% in March). This sharp rise was due in particular to large cattle prices (+36.6% after +36.4%). The rises of poultry (+19.4% after +15.5%) and pig (+9.8% after +10.1%) prices were sharp, but smaller.

Producer prices of pigs and large cattle

Producer prices of pigs and large cattle
Large cattle Pigs
2022-06 138.6 129.9
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.

Decelerations of egg and milk prices year on year

In June 2022, egg prices fell over one month (–1.7% after +1.7%) and slowed down year on year (+75.2% after +88.0%). The price of cow milk slowed down over one month (+0.9% after +2.8%) but the rise was almost unchanged year on year (+21.3% after +21.6%).

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 June 2022 a month 3 months a year
Agricultural goods output 1000 145.9 /// /// 25.3
excluding fruits and vegetables 906 148.7 -2.7 2.2 30.0
Crop output (excluding fruits and vegetables) 489 158.7 -5.3 -2.5 34.3
Cereals 152 217.1 -6.1 0.0 72.6
of which soft wheat 90 223.3 -5.8 1.6 81.8
grain maize 27 207.5 -9.2 -7.7 41.9
Potatoes 29 202.6 /// /// 24.8
Wines 200 116.6 -4.7 -2.4 9.5
PDO wines 112 125.8 -7.6 -4.3 12.4
other wines 25 114.2 1.2 2.3 15.8
Oleaginous 40 197.3 -11.0 -17.5 43.3
Horticultural products 35 106.0 1.3 -1.8 2.2
Other crop products 33 108.8 -0.4 0.9 5.6
Fruit and vegetables (1) 94 125.5 /// /// -4.5
Fresh vegetables 45 120.2 /// /// 4.6
Fresh fruit 32 131.5 /// /// -10.3
Animal output 417 137.0 1.0 9.5 24.7
Animals 255 132.2 1.4 10.5 23.9
of which large cattle 112 138.6 1.0 8.9 36.6
calves 20 118.2 0.7 10.4 17.3
pigs 49 129.9 -1.2 14.3 9.8
sheep 14 128.4 1.8 5.9 11.4
poultry 57 127.3 4.7 12.4 19.4
of which chicken 39 125.5 4.2 11.5 18.7
Milk 146 137.2 0.8 5.4 20.0
of which cow milk 135 139.5 0.9 5.7 21.3
Eggs 16 211.0 -1.7 26.4 75.2
  • /// Not relevant due to the seasonal nature of the products
  • (1) Including vegetables for industry.
  • Sources : Insee, SSP (ministry in charge of agriculture)

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

In June 2022, the input purchase prices sped up over one month (+2.1% after +1.2% in May) and year on year (+26.7% after +25.4%).

Over one month, the purchase prices of intermediate consumption went up (+2.4% in June 2022 after +1.3%). Energy prices (+13.7% after +0.7%) accelerated very strongly. The rises of animal food (+1.3% after +3.7%), seed (+0.9% after +0.2%), maintenance of materials (+0.9% after +0.7%) and plant protection product (+0.5% after +0.3%) prices were much more moderate. Other goods and services prices remained stable (0.0% as in May), while fertilizers and soil improver prices fell (–1.3% after 0.0%). Year on year, the purchase prices of intermediate consumption accelerated in June 2022 (+31.9% after +30.1%).

In June 2022, prices of investment goods and services rose over one month (+0.9% after +1.0%) and slowed down slightly year on year (+11.2% after +11.7%).

Purchase prices of the means of agricultural production

Purchase prices of the means of agricultural production
Purchase prices of the means of agricultural production
2022-06 138.9
2022-05 136.1
2022-04 134.5
2022-03 133.1
2022-02 124.9
2022-01 123.1
2021-12 120.5
2021-11 119.4
2021-10 117.4
2021-09 113.2
2021-08 111.6
2021-07 110.9
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 June 2022 a month 3 months a year
Total input 1000 138.9 2.1 4.4 26.7
Intermediate consumptions 760 142.5 2.4 4.5 31.9
Energy (1) 93 191.4 13.7 -0.2 63.9
Seeds 56 100.6 0.9 1.5 3.6
Fertilisers and soil improvers 107 205.4 -1.3 3.8 99.6
Plant protection products 84 95.6 0.5 2.4 3.2
Animal feed 214 144.0 1.3 11.4 27.8
Veterinary expenses 37 118.0 0.0 0.8 3.8
Small equipment and tools 11 129.9 1.4 6.8 19.6
Maintenance of materials 88 120.9 0.9 2.3 6.0
Maintenance of buildings 9 118.1 0.0 1.5 4.7
Other goods and services 61 107.2 0.0 0.8 2.2
Goods and services contributing to investment 240 127.7 0.9 4.0 11.2
Material 168 120.5 1.4 2.6 7.4
Tractors 71 125.2 2.7 3.5 7.0
Machinery and equipment for cultivation 33 118.0 0.3 0.9 7.9
Machinery and equipment for harvesting 38 115.6 0.1 1.8 6.5
Utility vehicles 16 112.8 1.0 2.2 6.6
Buildings 72 144.2 0.0 6.8 19.4
  • (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 May 2022 is left unchanged at +28.8% (after rounding), compared to the previous release. The year-on-year percentage change of the index of the purchase prices of inputs for agricultural production in May 2022 has been revised upwards by 0.1 percentage points at +25.4%.

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: 31 August 2022 at 12:00.

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Agricultural means of production purchasing price index

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