Producer prices for all agricultural products (1) in France show a slight increase on average. However, the latest monthly economic situation note on agricultural prices, published by the statistics department of the Ministry of Agriculture, Agreste, on November 29, 2024, highlights contrasting developments depending on production.
Within major crops, cereal prices were almost stable over one month (–0.3%) and down slightly over one year (–3.1%). French cereals operate in a very competitive sector internationally, particularly in the face of competitive cereals from the Black Sea. Conversely, oilseed prices are accelerating, with +13.4% for rapeseed over one year and especially +32% for sunflower. Potato prices are up slightly (+3.6%).
Dynamic fresh vegetables
“Prices of fresh vegetables accelerated in October (+7.3% year-on-year, after +6.6% in September), driven in particular by the increase in endives, leeks and eggplants,” underlines Agreste.
As for fresh fruit, producer prices for apples and pears are down year-on-year while those for grapes, nuts and raspberries are up. The prices of all fresh fruit thus increase on average by 1% over one year.
Increase of 16% in one year for sheep
The stability of prices for animal production as a whole (+0.4% over one year) also masks contrasting developments depending on the species. Agreste details for October 2024: “Producer prices for calves are accelerating sharply (+9.3% over one year), as are those for sheep (+16%). Prices of large cattle increased slightly (+1.5%) and those of pigs fell (–8.2%). The decline in producer prices for poultry and rabbits continued in October, at a less sustained pace than previously (–5.1% year-on-year in October, after –6.5% in September). In October 2024, in the context of an increase in collection, producer prices of cow’s milk increased both over one month (+0.8%) and over one year (+3.1%). Egg producer prices are still up slightly (+2.2%). »
Overall, observes Agreste, “producer prices still remain at levels higher than their average of the last four years (+6.5%)”.
Audrey Dibet
(1) The agricultural product producer price index (Ippap) measures the change in the prices of products sold by farmers. It is developed based on the market price observatory, in particular in the surveys and statements carried out by FranceAgriMer, and the statistics department of the Ministry of Agriculture.
