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.