Published on: 14 November 2018

Price of industrial apples decreases significantly

Agricultural producer prices increased by 6.2% in September 2018 compared to the corresponding period of 2017, which resulted from a rise of 12% in the price of crop products and a decrease of 2.8% in the price of live animals and animal products. In January–September 2018, agricultural input prices were 3.5% higher than a year earlier.

In September 2018 compared to September 2017:

Cereals prices were up by 15%, within which the price of wheat by 18% and that of maize by 12%.

The price of fruits lessened by 11%. Within this, apples prices were cut considerably, by 39%, which was primarily due to a fall in the price of industrial apples to around the price level 2 years earlier. The price of grapes became slightly, 0.2% lower.

Vegetables prices became 27% and the price of tomatoes 29% higher.

The price of live animals diminished by 3.2%, within which that of pigs at the highest rate, by 8.8%.

In January–September 2018 compared to the same period of the previous year:

Agricultural producer prices increased by 2.2%, within which the price of crop products rose by 4.8% and that of live animals and animal products lessened by 2.1%.

The price of vegetables was 11% higher and that of fruits 10% lower.

The price of pigs for slaughter fell by 12%.

Milk became 1.5% and eggs 9.4% more expensive.

The input prices of agricultural production were 3.5% higher, which resulted from a 3.0% rise in the price level of intermediate consumption and a 5.6% increase in the price level of agricultural investments.

Animal feedingstuffs prices went up by 5.4%, within which the price of straight feedingstuffs by 6.2% and that of compound feedingstuffs by 4.9%. Over the past year, animal feedingstuffs prices rose slightly and continuously to reach in this period the price level 3 years earlier.

Fertilisers prices were up by 0.4%, which resulted from a 0.8% reduction in straight fertilisers prices and a 2.7% increase in compound fertilisers prices.

The price of plant protection products rose by 0.5% and that of veterinary medicinal products by 1.4%.

Energy and lubricants prices became 6.8%, within which the price of motor fuels 9.8% higher.

Within the price of agricultural investments, the price of investments in buildings rose by 9.1% and that of investments in machinery and equipment by 4.0%.

The value of the terms of trade (the agricultural producer price index divided by the agricultural input price index) was 98.7%.