Friday 17 October 2014

Agricultural Prices Fall In August

The monthly price index for all agricultural outputs fell by 4.2% in August due to the index for crops falling by 3.7% and animals and animal products also falling by 3.7%. Prices are generally lower than the same time last year with the index for all outputs and inputs being 11% and 4.2% lower. Fresh vegetables also fell by 4.5% due to large volumes and low demand. Cereal prices are 16% lower than July. On the input side animal feed prices fell by 2.8% making them 13% lower than last year.

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