(AOF) – “In 2024, production prices (excluding subsidies) would decrease for plant products (‑6.8%). In 2023, the price of cereals had fallen by 30% in France, following a world harvest at a record level It would fall by a further 4.9% in 2024 due to still high supplies. This new drop would be notable for barley (-13.0%) and soft wheat. (-4.5%)”, according to an INSEE report “the forecast account for agriculture in 2024”.
However, the price of corn should recover somewhat (+1.3%), while it had fallen the most in 2023 (-34.6%).
In a context of reduced supply, the price of oilseeds should recover slightly (+2.6%), after the sharp drop of the previous year (-26.4%). The price increase would be greater for protein crops (+16.0%), without however making it possible to compensate for the loss in volume. The price of fodder would decrease significantly (-34.8%), following that of fertilizers which is the essential determinant.
The increase in potato production would be accompanied by a drop in their price (-5.5%).
Conversely, the recovery in volumes would not prevent the appreciation of fruit prices (+2.7%). Almost all fruits would see their prices appreciate, in particular nuts (+27.3%), strawberries (+10.4%), and apples (+2.4%). Exceptions would be peaches, whose price would fall by 6.0% due to sluggish consumption at the start of the season, and pears (-7.5%) after their strong appreciation the previous year.
The price of vegetables would increase by 5.3%. The largest increases would concern garlic (+24.5%), endives (+24.2%) and cucumbers (+19.8%). The most pronounced declines would be those of artichokes (-16.3%) and onions (-8.3%).
Belgium
