Agricultural Prices Down In March And Year

Prices for all outputs rose by 0.6% and the prices of all inputs was unchanged for March 2014. Prices are lower than the same last year. The price for all outputs was 6.9% lower than the same time year. The price for all inputs was 4.5% lower than the same time last year.

Crop prices are down slightly compared with last year. The poor harvest may have been to blame. Some crop prices are significantly down on last year: potatoes down 38%, fresh fruit down 23%, oilseed rape down 22% and cereals down 22%.

Strong demand for top quality fresh fruit led to a price rise of 7.7% in March. Cereals prices increased by 1.2% due to concerns over the future supply of cereals due to the political situation in the Crimea. An increase in global demand for oilseed rape and decrease in supply led to a price rise of 2.3% in March.

Sheep and lamb prices increased by 9.3% in March as supplies decreased pushing up prices. Lower levels of production of mutton and lamb than last year, down 1.8%, resulted in prices 8.7% higher than last year.

On the inputs side, energy and lubricant prices were 2.5% lower in March and 4% lower than last year. Feed prices increased by 0.5% but remain 12% down on last year. Straights rose by 2% due to increased cereal prices while compounds stayed the same.

The price of fertiliser rose by 0.4% in March but is still 8.2% lower than last year. Prices remain steady because most of the spring fertiliser market was already ordered.

UK Livestock Slaughter Statistics For May

The key points in Defra's latest information on slaughterings of cattle, sheep and pigs for May 2011 are that at 170,000 there was a 4% increase in the number of UK prime cattle slaughterings over May 2010. Beef and veal were 7% up on May 2010 with 74,000 tonnes. Sheep slaughterings were also 4% up on last year at 727,000 head. Mutton and lamb were 4% up with 17,000 tonnes. Pigs increased 3% to 718,000 tonnes compared to May 2010. Pigmeat production was 59,000 tonnes, an increase of 3% on May last year.

Mutton And Lamb Up 5%

The latest monthly information on livestock slaughterings of cattle, sheep and pigs from Defra shows that prime cattle slaughterings were up 1% in April 2011 on April 2010 at 204,000 tonnes. Beef and veal production was 86,000 tonnes also 1% up on last year. Sheep and pigs were 4% up on last year. Mutton and lamb production was up 5% at 23,000 tonnes and pigmeat production was up 4% at 72,000 tonnes.