Farm Gate Prices Down In October

Defra's agricultural price index for all outputs fell by 1.27% in October. Inputs also fell by 1.39%. Prices were generally lower than the same time last year with outputs prices falling 9.7% and inputs prices falling 2.1%.

The price index for all crop products fell by 2.7%, fresh fruit fell by 1.36% and fresh vegetables fell by 5.11%. Maincrop potatoes fell by 11.2% and overall potatoes were down 13.5%.

Prices for animal feed fell in October with straight feed down 3.3% and compound feed down 0.1%.

Farm Gate Prices Down In May

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.

API Prices Lower Than Last Year

The agricultural price index (API) for all outputs increased by 0.8% while the API for all inputs decreased by 0.4% in April. Prices overall are lower than last year. At the same time last year the price index was 7% higher than this yea for output while inputs were 4.2% higher.

On the outputs side all price indices for crops this year are lower mainly due to a supply shortage due to the poor harvest of 2012. Energy prices fell again. Feed prices increased by 0.7% over the month but are still 11% lower than last year. Fertiliser prices also fell by 2.2% in April but are still 9.1% lower than last year.

Milk Prices Contribute To Rise In API

The overall agricultural output price index increased by 2.3% in November, the first time it has risen since May 2013. Even though the API output price index rose this November from 118.1 to 120.7 it is still 2.4% lower than November last year. The API for all inputs fell by 0.2% from 112.9 to 112.7 and is 2.1% lower than last year.

The continued increase in milk prices was one of the main contributors to the rise in output prices. Both milk and milk products were still in global demand for the sixth month in a row. Prices are up 15% on last year. Cattle prices are continuing to fall after the high prices seen in the summer.

Input prices haven't changed much. Fertiliser prices are 18% lower than last year but expected shipments of straight nitrogen fertiliser from North Africa were delayed due to regional problems resulting in a slight rise in price.

Agriculture Sees Fall in API in August

The agricultural prices index published by Defra for all outputs fell by 2.5% in August but remains 0.6% higher than last year. The API for all inputs fell by 0.5% but is still 1% higher than last year.

All of the output price categories fell with the exception of milk. Cereals fell 9.7% and are 13% lower than last year, oilseed rape fell 8% and is 15% down on last year, potatoes are 8.8% lower than last year and vegetable prices are down 5.1% and 6% on last year. Livestock prices are 4% down in August but are still 5% higher than last year. Milk has seen a 2.2% increase in price in August and are 20% higher than last year.

On the input side animal feed has fallen in price by 7.2% reflecting falling prices in cereal and industrial crops. Motor fuel price increases of 2.7% have put them 2.3% up on last year.

Agricultural Prices Fall But Still Above Last Year

Farm gate prices fell by 6.2% in July but they remain 4.9% above last year's prices. Input prices also fell by 1.1% in July but they are also above last year's prices by 2.9%.

Output prices fell across the board in July except for forage crops. Cereals fell 8.3% due to a fall in demand as traders expect global production to rise, but prices are still 0.4% higher than last year. Global supply is also keeping the price of oilseed rape down. OSR prices fell 13% in July and are 11% down on last year.

Potato prices fell 46% on the month due to early potato prices which fell 8% as the season ended. Vegetables fell 13% and are 11% down on last year. Cauliflowers fell 57%. Increased supply, warm weather and low demand combined to bring the prices down.

Livestock prices were better as animal and animal products prices increased 0.2% on the month and 11% on the year. The rise was mainly due to a 1.9% increase in the price of milk which is 19% higher than last year.

Feed prices have seen a gradual fall of 2.4% over the last few months but they are still 12% above this time last year. Feed cereals saw the biggest fall in price with an 8.6% fall.

Agricultural Prices Up On Same Month Last Year

The agricultural price index for all outputs fell by 1.1% in June but on the annual comparison prices remain 10% higher than the same time last year. Input prices were 0.8% up in June and remain 5.4% up on the same month last year.

Early potato prices are up on last year and there was a slight increase on vegetable prices. Animal and animal produce prices increased 2.6% and are 8.7% higher than the same time last year.

Change To Defra's API Base Year

The first publication of the agricultural prices index using the new 2010 base year was published by Defra on 18 July 2013. Slight changes are expected when compared to the 2005 base year price series.

The agricultural price index for all outputs in May rose by 1% and remains 12% up on last year. The price index for all inputs fell by 1.2% in May and is 4.6% higher than last year.

All outputs prices increased 1% in May and 11.8% over the year. Crop products prices increased 1.1% on the monthly comparison and 17.7% on the annual comparison. Potato prices continue to rise due to low supply of last seasons potatoes and a late start to the harvest of new season potatoes. Fresh fruit prices fell 28% in May mainly due to a 32% fall in the price of strawberries due to an increase in supply. Vegetable prices did not change much. Tomato prices fell 20% due to increased supplies of imported tomatoes. Lettuce and onion prices increased as a result of reduced supplies. Animal and animal produce prices fell slightly by 1.1% but remain 6.4% up on the same time last year.

The prices of agricultural inputs fell 1.2% in May but remain 4.6% up over the year. Motor fuel fell by 3.5% and is therefore 6.9% lower than last year. Nitrogen prices are 14% down because of lower demand and retailers are reducing prices to increase sales. Animal feeds prices remained more or less stable (-0.4%) and 15.7% above prices last year.

Agricultural Output Prices Increase 14.5% Over The Year

The agricultural price index (API) for all outputs increased by 3.2% in March and by 14.5% on last year. The price index for all inputs fell by 0.1% in March but is up 9.7% on last year.

Crop outputs prices increased 2.8% on March and 27% on last year. Potato output prices continue to rise by another 14% in March and are more than twice the price of last year with an increase of 125%. Price rises were offset by a fall in cereals prices of 3.4% in March but over the year they are still 25% higher than last year. Animal and animal products prices increased by 4% in March and are 5.6% up on last year. Animal slaughter prices increased by 7.4% largely due to a 20% rise in sheep prices. They are however still 12% below last year's prices.

Prices for agricultural inputs have not changed much in March. The overall index changed only by a 0.1% fall. Over the year prices generally are up by 12%. The increase is due mainly to a 46% rise in the price of seeds and feed price increases of 16% both sets of prices being affected by the poor cereal harvest of 2012.

Farm Gate Prices Down In December

The prices farmers received for their products fell by 0.4% in December on November but is still 11.8% higher than last year. Farmers were also having to pay on average 3.2% more on the monthly comparison and 5.4% on the annual comparison for their goods and services. Main crop potatoes have almost doubled in price since December 2012 due to low yields and low quality. Cereal prices have grown by 10% from November and 38% on the annual comparison. Dessert apples' prices have increased by 9% on the month and 25% on the year. Sheep prices fell by 28% over the year due to higher volumes and cheap imports of sheep meat.

Agricultural Prices Down In October

In the Defra API outputs monthly series for October 2012 the total outputs index was 178.6 from 180.1 in September, a fall of 0.8% in the month but there was an increase of 8.7% over the year. In the inputs monthly series the index was 153 from 153.6 the previous month giving a -0.4% change in prices but an increase of 1.2% over the year. There was 0.7% fall in costs of goods and services currently consumed in production from 159.7 to 158.6 over the month.

The agricultural prices index (API) output prices are divided into major crops prices which increased 0.9% over the month giving an index of 201.7 (199.9=2011) and an increase of 0.9% (16.7%) and livestock and livestock products which increased to 162.3 (161.8) or 0.3% (2.5%). These prices reflect what farmers receive for their products.

Animal feed prices, which are a key indicator, showed a 6.3% change in the price of these inputs whereas prices for animal and animal products showed only a 2.5% change in the output price.

Input prices are divided into goods and services currently consumed (eg. fertiliser and seed) which had an index of 158.6 (159.7) or -0.7% (1.3%) and goods and services contributing to investment (eg. tractors and buildings) which had an index of 123.3 (123.1) an increase of 0.2% (0.6%). These are a reflection of the prices farmers have to pay for goods and services.

The outputs annual series index stood at 165.6 in 2011 (145.9 - 2010) with crop products at 152.3 (133.3) and livestock and livestock products at 154.7 (141.4). The inputs annual series stood at 151.2 in 2011 (135.6 - 2010) with goods and services currently consumed at 157.1 (139.1) and goods and services contributing to investment at 122.5 (118.9).

Agricultural Prices Back To Normal

Agricultural producer and purchase prices were returning to normal in January after the traditional Christmas products prices seasonal peaks.

Onion prices were being affected by greater supplies and low demand and cauliflower prices have seen considerable rises caused by increased demand.

The monthly series index of producer prices of agricultiral products for the total of all products reached 162.7 in January from 162.4 in December 2011. The corresponding monthly series index of purchase prices of all means of agricultural production for January 2012 was 140.6 from 153.2 in December 2011.

An Increase In Agricultural Price Indices In September

The index of prices received by producers for the total of all agricultural products for September 2011 was 165.7, up from 159.2 in August.

The index of prices paid by producers for the total of all means of agricultural production for September 2011 was 153.1, up from 153.0 in August. The slight increase in purchase prices being covered by the larger increase in production prices. There was an increase in the price of fuel. Confidence is returning to cereals markets after fears of bad harvest weather subsided and prices retruned to normal after increasing earlier in the year. Potato prices started well this year as bad weather reduced availability. News of adequate harvests reduced fears and prices came down again.

Milk prices have increased steadily over the last 18 months with good demand and supply ensuring a good market. Good market conditions also apply to the beef market. Sheep and lamb prices have been sustained but prime prices are beginning to tail off.

Agricultural Prices Squeezed In August

Defra released the latest agricultural prices index statistics yesterday. The monthly series shows that the index of producer prices for the total of all products fell 1.3 points from 160.3 points in July 2011 to 159 points in August. The monthly index of the purchase prices for all means of agricultural production increased by 0.7 points from 152.3 to 153 points.

The annual series shows that the index of producer prices for all means of agricultural production increased by 5.7 points from 129.9 to 135.6 points between 2009 and 2010. The index of producer prices for the total of all products increased between 2009 and 2010 from 136 points to 144.4 points, an increase of 8.4 points over the year.

API For April 2011

The agricultural prices index for April published by Defra for prices received by producers for agricultural products for the total of all products in the monthly series in April 2011 was 166.4. To put this index number into some kind of context the index number highest since January 2010 was in March 2011 (last month) at 167.3 and the lowest was in April 2010 with 139.1. The index for purchase prices paid by producers for agricultural inputs in the monthly series for April 2011 was 148.7. The highest index since January 2010 was in January 2011 at 150.0 and January and March were lowest at 130.7.

Increase In Agricultural Prices

Defra has released the Agricultural Prices Index series for August 2010. The API all products price index for prices received by producers for agricultural products increased from 137.6 in July to 142.0 in August. Cereals prices increased overall from an index of 144.6 to 176.6 with wheat, barley and oats all going up, industrial crops also increased from 157.9 to 163.8 with potato and oilseed rape prices increasing and sugar beet unchanged. Fresh fruit prices also increased but the prices index for fresh vegetables fell from 124.9 to 116.9. The overall crops products index increased from 138.8 to 146.3 but seed and other crop products remained the same. Calf prices fell but cows and bulls increased and cattle increased helping the animal and animal products index increase slightly from 136.6 to 138.2.

Prices paid by producers for agricultural inputs have also increased slightly from an index of 139.7 in July to 141.7 in August 2010. Seed prices and spray prices stayed the same over the month but fertiliser prices increased slightly from 245.1 in July to 248.6 in August. Energy prices increased slightly from 148.1 to 148.5. The cost of animal feedingstuffs increased from an index of 159.9 in July to 164.6 in August 2010 with significant increases in the prices of feed wheat and feed barley. The prices of goods and services of plant and buildings and veterinary services increased slightly overall. There was a slight increase in the price of machinery and equipment and farm buildings prices were unchanged. The index for all means of agricultural production increased by two points from 139.7 to 141.7.

Agricultural Inputs Prices Rise Again

The index of prices received by producers for all agricultural products returned to its May level of 137.5 from the June level of 137.9 in July 2010. Crop products increased from 138.6 to 139.4 but animals and animal products fell from 137.9 to 137.5. Within crop products, the cereals index increased from 142.5 to 144.6 and industrial crops from 136.5 to 157.9. Fresh vegetables fell to 127.9 from 131.1. These prices exclude subsidies.

Prices received for cereals fell again in 2009 from 207.1 in 2008 to 150.1 and industrial crops from 232.9 to 183.4 respectively. Farm gate prices for fresh vegetables also fell in 2009 from 117.5 to 113.9. The index for the total for all products fell from 143.3 to 135.8 in 2009.

The index of prices paid by producers for agricultural inputs shows that the prices paid for seed fell from 101.5 to 99.6 in Jul 2009, fertilisers and soil improvers fell to 244.3 from 245.7. Plant protection products remained unchanged at 99.9. The animal feedingstuffs index increased from 156.1 to 159.9. The overall index for agricultural inputs increased for the fifth consecutive month from 137.2 to 139.7 in July 2010.

The annual series shows that the overall index for prices paid by producers for agricultural inputs fell from 139.6 in 2008 to 132.9 in 2009.

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).