Agricultural Prices Good For Producers In October

The agricultural prices indices statistical relaease from Defra for October 2010 shows prices received by producers for agricultural products increased slightly in October 2010 and purchase prices paid by producers for agricultural products excluding subsidies decreased slightly.

The prices indices for prices received by producers for cereals increased to 218.8 in October 2010 from 197.1 in September 2010. Industrial crops prices increased to 139.7 from 138.3. Fresh vegetables increased in price from 121.3 to 130.9. and the total index number for crop products was 166.2 up from 157.6 in September. Animals and animal products indices total was 139.7 from 139.2 in September 2010. The overall total was 150.6 up from 148.0.

Prices indices for prices paid by producers for agriculural products included seeds at 117.0 from 99.6, energy and lubricants 151.2 from 147.4, fertilizers and soil improvers decreased to 198.4 from 230.4. Plant protection products price index increased to 106.0 from 105.7. Animal feedingstuffs indices totalled 166.1 up from 163.3. The plant maintenance and repair index remained unchanged at 128.1. The maintenance and repair of buildings index increased slightly to 133.1 from 133.0. Veterinary services increased slightly from 132.8 to 132.9. Machinery and other equipment went up to 126.9 from 126.6. The total index for all goods and services contributing to investment decreased to 120.1 from 120.4. All means of agricultural production decreased from 140.7 to 136.9 in Octber 2010.

Agricultural Prices Index For September 2009

The agricultural producer and purchase prices indices for 2008-9 to September 2009 were published by DEFRA last week. The survey includes producer price indices for cereals, industrial crops, fresh fruit and vegetables, seeds, flowers and plants and other crop products as well as for animals and animal products. The survey includes purchase price indices for seeds, energy and lubricants, plant protection products and animal feedingstuffs. It also includes costs for the maintenance and repair of plant and buildings, veterinary services, costs of other goods and services, machinery, plant and other equipment and buildings. The totals for all products and all means of agricultural production are also included in the survey.

The indices for all products were 143.3 for 2008 from 118.8 for 2007 and 130.2 in September 2009 from 130.8 in August and the indices for all the means of agricultural production were 130 for September 2009 from 131.1 in August and 139.7 for 2008 from 113.8 in 2007 (2005 = 100).