The agricultural price index for all outputs fell by 0.8% and the API for inputs fell by 1.4% in May 2014 according to a statistical bulletin from Defra. The prices are lower than the same time last year. The API for all outputs is 8.3% lower and the API for all inputs is 3.4% lower than last year.
All crop prices are down on last year at this time. The biggest differences in output prices are with potatoes (46%), fresh fruit (27%), cereals (18%) and fresh vegetables (18%). On the inputs side, energy and lubricant prices are down for the fourth month in a row. Prices fell by 0.3% in May and are 1% lower than a year ago. Animal feed is down 1.9% on the monthly comparison and 31% down on last year. Fertiliser prices are 2.9% lower in May and 9.1% lower than the same time last year.
No comments:
Post a Comment