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Agricultural Price Indices - February 2018

Output Price Indices

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Definition

The Agricultural Output Price Index is the index of producer prices of agricultural products. It is based on the sales of agricultural products and includes:

the value of production sold to dealers;
the value of direct sales of crop products to other agricultural units;
the value of direct sales on the domestic market;
the value of direct sales abroad (direct exports).

However, the sales of animals between agricultural units is excluded.

Deductible VAT and third party levies are also excluded.

Price Coverage

In order to ensure consistency across the EU, prices are based on the market price concept. The market price is defined as the price received by the producer without the deduction of bonuses, taxes and levies (except deductible VAT and third party levies) and without the inclusion of subsidies.

Monthly prices are used for most products. Annual prices are only available for some items e.g. cereals. For these products the annual price is used each month to calculate the monthly indices until the beginning of the next season or harvest.

For milk and cereals, standardised prices are used to ensure that products of identical quality are priced in successive periods. In the case of milk, this means pricing each month at a fixed butterfat (3.7%) and protein (3.3%) content which is the EU standard. Cereals are also standardised at 20% moisture content each year.

Further details on the sources used to compile the Agricultural Output Price Index can be found here: Agricultural Output Data Sources

	Total Outputs	Crop Output	Cattle	Milk
Jan 2015	104.38	92.995	98.428	118.259
Feb 2015	106.173	92.974	101.446	119.832
Mar 2015	103.347	92.832	101.131	109.383
Apr 2015	103.737	92.785	103.207	107.651
May 2015	101.511	92.59	102.466	100.902
Jun 2015	101.591	92.961	105.049	97.99
Jul 2015	100.730	103.746	105.729	93.998
Aug 2015	97.824	95.961	100.894	93.621
Sept 2015	98.010	115.967	98.024	93.176
Oct 2015	97.553	112.137	96.234	95.393
Nov 2015	97.028	108.970	94.754	96.652
Dec 2015	97.350	107.473	93.515	99.042
Jan 2016	98.351	107.079	94.533	101.67
Feb 2016	98.398	108.560	94.897	100.319
Mar 2016	94.261	108.645	95.246	87.805
Apr 2016	94.043	108.796	96.191	85.839
May 2016	94.707	109.966	98.160	84.383
Jun 2016	94.887	112.466	98.560	82.919
Jul 2016	93.464	106.747	93.298	85.354
Aug 2016	93.828	88.264	92.673	91.441
Sep 2016	96.585	110.406	91.067	95.293
Oct 2016	97.631	104.378	88.475	103.328
Nov 2016	99.259	102.364	87.571	110.308
Dec 2016	101.446	101.199	89.173	115.052
Jan 2017	104.408	101.192	92.001	122.319
Feb 2017	103.422	102.632	92.294	117.859
Mar 2017	103.692	103.617	94.286	114.258
Apr 2017	104.55	104.330	97.804	112.313
May 2017	107.221	105.459	100.083	115.221
Jun 2017	108.517	107.008	99.652	118.432
Jul 2017	108.582	99.773	98.014	122.391
Aug 2017	107.468	90.540	95.009	126.709
Sept 2017	108.378	110.412	92.926	128.825
Oct 2017	107.179	106.182	91.445	128.825
Nov 2017	107.331	102.311	91.731	130.188
Dec 2017	108.381	100.411	94.629	131.197
Jan 2018	108.783	100.927	96.541	131.755
Feb 2018	107.180	99.776	95.665	127.719

Table 3.1 Agricultural Output Price Index

Table 3.1 Agricultural Output Price Index (excluding VAT)
Base year 2015 = 100
Categories	Year	Months												Annual
Categories	Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Annual
Total Output Price Index	2015	104.4	106.2	103.3	103.7	101.5	101.6	100.7	97.8	98.0	97.6	97.0	97.4	100.0
	2016	98.4	98.4	94.3	94.0	94.7	94.9	93.5	93.8	96.6	97.6	99.3	101.4	94.8
	2017	104.4	103.4	103.7	104.6	107.2	108.5	108.6	107.5	108.4	107.2	107.3	108.4	106.1
	2018	108.8	107.2

Crop Output	2015	93.0	93.0	92.8	92.8	92.6	93.0	103.7	96.0	116.0	112.1	109.0	107.5	100.0
	2016	107.1	108.6	108.6	108.8	110.0	112.5	106.7	88.3	110.4	104.4	102.4	101.2	104.0
	2017	101.2	102.6	103.6	104.3	105.5	107.0	99.7	90.5	110.4	106.2	102.3	100.4	102.1
	2018	100.9	99.8
of which:
Cereals (incl. seeds)	2015	98.1	98.1	98.1	98.1	98.1	98.1	98.1	102.6	102.6	102.6	102.6	102.6	100.0
	2016	102.6	102.6	102.6	102.6	102.6	102.6	102.6	99.6	99.6	99.6	99.6	99.6	101.3
	2017	99.6	99.6	99.6	99.6	99.6	99.6	99.6	105.0	105.0	105.0	105.0	105.0	101.9
	2018	105.0	105.0

Fruit and Vegetables	2015	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0	100.0
	2016	100.2	100.3	100.4	100.2	100.1	100.1	100.0	100.0	100.0	100.1	100.1	100.1	100.1
	2017	100.0	100.1	100.2	100.1	100.1	100.1	100.1	100.0	100.0	100.1	100.1	100.1	100.1
	2018	100.6	100.7

Potatoes (incl. seeds)	2015	78.1	78.0	77.5	77.3	76.6	78.0	118.4	78.8	153.7	139.4	127.5	121.9	100.0
	2016	120.4	126.0	126.3	126.9	131.2	140.6	119.2	57.0	139.9	117.4	109.8	105.4	118.9
	2017	105.4	110.8	114.5	117.2	121.4	127.2	100.0	52.7	127.2	111.3	96.8	89.7	106.7
	2018	91.7	87.3

Animal Output	2015	105.5	107.6	104.4	104.8	102.3	102.4	100.5	97.9	96.4	96.2	95.9	96.4	100.0
	2016	97.5	97.4	92.7	92.5	93.1	93.1	92.0	94.0	95.3	96.9	98.9	101.5	93.6
	2017	104.9	103.6	103.8	104.7	107.7	109.0	109.7	109.2	108.6	107.6	108.1	109.4	106.6
	2018	109.7	107.9
of which:
Animals	2015	97.6	99.9	101.3	103.2	103.3	105.3	104.7	100.6	98.4	96.6	95.3	94.6	100.0
	2016	94.7	95.4	95.7	96.6	98.8	99.7	96.3	95.7	95.3	92.9	91.8	93.0	95.3
	2017	93.9	94.7	97.3	100.1	103.2	103.4	102.0	98.4	96.0	94.3	94.3	95.9	97.6
	2018	96.0	95.6
of which:
Cattle	2015	98.4	101.4	101.1	103.2	102.5	105.0	105.7	100.9	98.0	96.2	94.8	93.5	100.0
	2016	94.5	94.9	95.2	96.2	98.2	98.6	93.3	92.7	91.1	88.5	87.6	89.2	93.0
	2017	92.0	92.3	94.3	97.8	100.1	99.7	98.0	95.0	92.9	91.4	91.7	94.6	94.7
	2018	96.5	95.7
of which:
Cattle excluding calves	2015	98.4	101.6	101.2	103.2	102.4	105.0	105.6	100.7	97.7	95.9	94.5	93.3	100.0
	2016	94.5	95.0	95.3	96.2	98.2	98.5	93.2	92.4	90.8	88.2	87.4	89.0	93.0
	2017	91.9	92.4	94.4	97.9	100.1	99.6	97.8	94.7	92.5	91.1	91.5	94.5	94.8
	2018	96.5	95.8

Calves	2015	110.6	77.1	82.0	104.9	106.4	117.2	134.9	138.1	152.8	161.1	140.4	133.2	100.0
	2016	104.0	68.2	79.3	92.2	95.8	108.3	107.2	136.8	137.6	131.4	121.6	111.2	90.5
	2017	105.7	70.1	71.2	85.7	89.8	106.9	128.7	147.3	162.9	145.8	129.9	115.7	87.9
	2018	105.3	68.0

Pigs	2015	94.0	93.9	100.0	102.2	104.4	107.5	105.7	101.9	101.0	99.2	95.6	94.5	100.0
	2016	93.5	93.7	91.9	94.4	96.9	101.8	105.9	106.3	111.2	110.6	107.6	107.2	101.9
	2017	106.3	108.8	113.6	113.1	113.6	114.7	117.3	111.8	108.5	105.9	102.5	98.3	109.5
	2018	95.2	94.8

Sheep	2015	95.3	98.3	106.9	107.0	110.9	106.2	96.4	95.6	95.7	93.3	96.6	101.2	100.0
	2016	95.9	101.1	103.8	101.6	107.4	106.2	102.0	99.2	98.9	94.3	93.5	95.8	99.9
	2017	84.1	85.4	92.1	96.0	113.3	116.8	109.2	102.6	96.8	94.6	98.4	100.6	99.6
	2018	90.8	95.2

Poultry	2015	100.3	99.7	99.7	99.7	99.7	99.7	99.7	99.5	99.5	99.8	100.0	99.8	100.0
	2016	100.1	99.7	100.3	100.4	99.5	99.4	100.1	100.1	100.0	99.5	100.0	99.0	99.5
	2017	98.9	99.7	98.7	99.2	99.5	99.7	99.6	99.5	99.7	99.1	98.5	98.3	99.2
	2018	98.8	98.9

Animal Products	2015	117.5	119.1	109.0	107.3	100.9	98.1	94.2	93.8	93.4	95.5	96.8	99.1	100.0
	2016	101.6	100.3	88.2	86.3	84.7	83.2	85.6	91.5	95.2	103.0	109.7	114.3	91.1
	2017	121.4	117.1	113.6	111.7	114.4	117.5	121.4	125.5	127.6	127.6	128.9	129.9	120.1
	2018	130.4	126.5
of which:
Milk	2015	118.3	119.8	109.4	107.7	100.9	98.0	94.0	93.6	93.2	95.4	96.7	99.0	100.0
	2016	101.7	100.3	87.8	85.8	84.4	82.9	85.4	91.4	95.3	103.3	110.3	115.1	91.0
	2017	122.3	117.9	114.3	112.3	115.2	118.4	122.4	126.7	128.8	128.8	130.2	131.2	121.1
	2018	131.8	127.7¹

Eggs	2015	98.4	99.6	99.6	100.6	100.6	100.6	100.6	100.6	100.3	99.9	99.9	99.5	100.0
	2016	99.5	99.3	99.1	99.1	96.9	96.2	96.2	97.2	97.4	96.8	96.7	96.6	97.6
	2017	96.6	97.8	97.8	97.8	98.3	98.3	98.3	97.3	97.2	97.2	97.0	97.0	97.5
	2018	96.4	96.9

Wool	2015	81.7	81.7	81.7	81.7	100.8	100.8	100.8	100.8	100.8	100.8	100.8	100.8	100.0
	2016	100.8	100.8	100.8	100.8	68.4	68.4	68.4	68.4	68.4	68.4	68.4	68.4	69.7
	2017	68.4	68.4	68.4	68.4	43.9	43.9	43.9	43.9	43.9	43.9	43.9	43.9	44.8
	2018	43.9	43.9
¹ Provisional