Insee
Informations Rapides · 30 September 2022 · n° 263
Informations rapidesIn August 2022, agricultural producer prices slowed down year on year: +22.1% after +24.2% in July Indices of agricultural prices - August 2022

In August 2022, agricultural producer prices went up by 22.1% compared to August 2021 (after +24.2% in July 2022 compared to July 2021). Prices have risen sharply since 2019: +35.6% in August 2022 compared to August 2019. Excluding fruits and vegetables, agricultural producer prices were virtually stable over one month (–0.1% after –2.1%).

Informations rapides
No 263
Paru le :Paru le30/09/2022
Prochaine parution le : 30/04/2024 at 12:00 - March 2024

In August 2022, agricultural producer prices went up by 22.1% compared to August 2021 (after +24.2% in July 2022 compared to July 2021). Prices have risen sharply since 2019: +35.6% in August 2022 compared to August 2019. Excluding fruits and vegetables, agricultural producer prices were virtually stable over one month (–0.1% after –2.1%).

Fall of cereal prices over a month and slowdown year on year

In August 2022, cereal prices went down moderately over one month (–1.1% after –9.0% in July). This drop was due to the fall of soft wheat prices (–2.7% after –10.0%) due in particular to fears of a world economic recession and a recovery in Ukrainian exports. Maize prices went up (+5.7% after –0.8%), as supply was restricted owing to the drought in France and the United States. Year on year, cereal prices decelerated, but continued to rise sharply (+40.1% after +59.7%). They have doubled since August 2019 (+102.5%).

Oilseed prices fell more sharply than cereal prices in August 2022 (–3.2% over one month after –11.5%) due to falls of rapeseed (–4.3% after –12.8%) and sunflower (–0.8% after –6.4%) prices, while those of soybean rebounded (+5.2% after –6.3%). Year on year, oilseed prices slowed down significantly, but remained up sharply (+14.7% after +24.3%). Since August 2019, they rose by 74.2%.

Producer prices of cereals

Producer prices of cereals
Producer prices of cereals
2022-08 195.0
2022-07 197.4
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 August 2022 (–5.8% after –5.6% in July and –10.3% in June). Pear (–31.8% after –25.3%) and grape (–21.4%) prices fell sharply, while those of peach (+4.4% after –2.3%), nectarine (+5.1% after –4.7%) and plum (+11.9% after +14.5%) went up. Compared to August 2019, fresh fruit prices were 31.0% higher.

Fresh vegetable prices rose by 4.6% in August year on year (after +4.3%), with very contrasting trends depending on the seasonal products. Prices rose sharply for cucumber (+80.4% in August after +29.7%) and, to a lesser extent, courgette (+26.8% after +5.8%), salad (+23.5% after +17.7%) and melon (+20.6% after +12.0%); tomato prices fell sharply (–34.2% after –0.9%). In August 2022, fresh vegetable prices were 23.8% above their August 2019 level.

Producer prices of fresh vegetables

Producer prices of fresh vegetables
Monthly agricultural producer price indices (IPPAP) - Fresh vegetables
2022-08 133.8
2022-07 124.4
2022-06 119.1
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 and acceleration year on year

In August 2022, animal prices slowed down over one month (+1.2% after +2.6%), due to the deceleration of pig (+4.7% after +8.1%) and poultry (+1.7% after +4.4%) prices, while large cattle prices stabilised (–0.1% after +0.1%).

Year on year, animal prices continued to accelerate in August 2022 (+30.0% after +28.7% in July and +24.1% in June). This acceleration was due in particular to pig (+38.8% after +28.3%) and poultry (+26.0% after +24.4%) prices, while large cattle prices slowed down slightly but continued to rise sharply (+33.5% after +35.8%). Animal prices in August 2022 were 34.7% higher than in August 2019.

Producer prices of pigs and large cattle

Producer prices of pigs and large cattle
Large cattle Pigs
2022-08 138.7 147.0
2022-07 138.8 140.4
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.

Slowdown of egg and milk prices year on year

In August 2022, egg prices sped up over one month (+10.3% after +7.7%) due to a strong demand and limited supply; however, they slowed down year on year while remaining on a very strong rise (+89.9% after +106.2%). The price of cow milk fell over one month (–0.3% after 0.0%) and slowed down slightly year on year, while remaining on a strong upward trend (+19.6% after +20.3%).

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 August 2022 a month 3 months a year
Agricultural goods output 1000 145.0 /// /// 22.1
excluding fruits and vegetables 906 145.7 -0.1 -4.8 24.6
Crop output (excluding fruits and vegetables) 489 149.4 -1.1 -11.1 21.8
Cereals 152 195.4 -1.1 -15.5 40.1
of which soft wheat 90 195.5 -2.7 -17.5 38.1
grain maize 27 217.6 5.7 -4.7 54.1
Potatoes 29 216.0 /// /// 27.4
Wines 200 113.4 -1.6 -7.3 8.8
PDO wines 112 121.9 -1.9 -10.5 13.1
other wines 25 105.5 -4.3 -6.6 7.0
Oleaginous 40 169.1 -3.2 -23.8 14.7
Horticultural products 35 108.8 -0.5 4.0 2.0
Other crop products 33 114.1 -0.1 -0.7 9.9
Fruit and vegetables (1) 94 138.1 /// /// 0.8
Fresh vegetables 45 133.8 /// /// 4.6
Fresh fruit 32 147.1 /// /// -5.8
Animal output 417 141.5 1.3 4.4 28.5
Animals 255 137.5 1.2 5.4 30.0
of which large cattle 112 138.7 -0.1 1.1 33.5
calves 20 117.8 0.3 0.3 14.7
pigs 49 147.0 4.7 11.8 38.8
sheep 14 129.2 -1.5 2.5 13.2
poultry 57 136.2 1.7 12.0 26.0
of which chicken 39 134.3 1.3 11.6 25.3
Milk 146 136.3 -0.3 0.1 18.4
of which cow milk 135 138.6 -0.3 0.2 19.6
Eggs 16 250.5 10.3 16.7 89.9
  • /// Not relevant due to the seasonal nature of the products
  • (1) Including vegetables for industry.
  • Sources : Insee, SSP (ministry in charge of agriculture)

Virtual stability of input purchase prices over one month and sharp rise year on year

In August 2022, the input purchase prices were virtually stable over one month (+0.1% after –0.4% in July) and slowed down slightly year on year (+23.7% after +24.4%). They were 33.7% higher than in August 2019.

Over one month, the purchase prices of intermediate consumption were virtually stable (–0.1% in August 2022 after –0.6% in July). Energy prices fell sharply (–4.4% after –7.7%). Other goods and services prices were stable (0.0% after +0.1%). Animal food (+0.2% after +1.9%), seed (+0.3% after +0.4%), plant protection product (+0.6% after +0.1%) and maintenance of materials (+0.7% after +0.8%) prices rose moderately. The rise of fertilizers and soil improver prices (+2.0% after 0.0%) was more marked. Year on year, the purchase prices of intermediate consumption decelerated in August 2022, but they remained on a sharp rise year on year (+28.7% after +29.4%).

In August 2022, prices of investment goods and services rose by 0.5% over one month (after +0.2%) and by 8.9% year on year (after +9.5%).

Purchase prices of the means of agricultural production

Purchase prices of the means of agricultural production
Purchase prices of the means of agricultural production
2022-08 138.1
2022-07 138.0
2022-06 138.5
2022-05 136.0
2022-04 134.5
2022-03 133.2
2022-02 124.9
2022-01 123.1
2021-12 120.5
2021-11 119.5
2021-10 117.5
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 August 2022 a month 3 months a year
Total input 1000 138.1 0.1 1.5 23.7
Intermediate consumptions 760 141.3 -0.1 1.5 28.7
Energy (1) 93 168.2 -4.4 0.1 42.4
Seeds 56 101.3 0.3 1.6 4.3
Fertilisers and soil improvers 107 207.9 2.0 -0.1 84.8
Plant protection products 84 96.3 0.6 1.5 4.0
Animal feed 214 147.1 0.2 3.5 29.6
Veterinary expenses 37 119.0 0.3 0.9 4.4
Small equipment and tools 11 131.3 0.5 2.5 17.1
Maintenance of materials 88 122.7 0.7 2.4 7.2
Maintenance of buildings 9 119.7 0.0 1.4 5.8
Other goods and services 61 107.3 0.0 0.2 2.1
Goods and services contributing to investment 240 127.8 0.5 1.4 8.9
Material 168 121.4 0.7 2.7 7.0
Tractors 71 122.7 0.0 1.8 3.7
Machinery and equipment for cultivation 33 119.1 -0.1 1.5 8.2
Machinery and equipment for harvesting 38 120.5 2.7 4.2 10.7
Utility vehicles 16 114.7 1.3 3.1 6.7
Buildings 72 142.7 0.0 -1.0 13.0
  • (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 July 2022 has been revised downwards by 1.1 percentage points at +24.2%, compared to the previous release, as a result of late responses. The year-on-year percentage change of the index of the purchase prices of inputs for agricultural production in July 2022 has been revised upwards by 0.1 percentage points at +24.4%.

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. Their variations should therefore 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: 28 October 2022 at 12:00.

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