Published on: 14 August 2018

Rise in price of crop products and decline in that of live animals

Agricultural producer prices in total remained unchanged in June 2018 compared to the corresponding period of the previous year, which resulted from an increase of 3.5% in the price of crop products and a decline of 5.6% in the price of live animals and animal products. In January–June 2018, agricultural input prices were 2.3% higher than a year earlier.

In June 2018 compared to June 2017:

Cereals prices were up by 13%.

The price of fruits fell by 19%. Within this, the producer price of cherry fruits, representing a significant weight, was 40% lower, while the quantity of procured sour cherry increased nearly two-and-a-half-fold.

Vegetables prices became 4.6% and potatoes prices 34% higher.

The price of live animals was cut by 7.9% and that of animal products by 0.4%.

The price of pigs for slaughter was 18% lower.

Eggs prices rose by 1.8%.

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

Agricultural producer prices in total were unchanged, within which the price of crop products went up by 1.0% and that of live animals and animal products lessened by 1.7%.

The price of vegetables decreased by 1.7%, while that of fruits went up by 2.8%.

Potatoes prices were 13% lower.

The price of pigs for slaughter fell by 13%. Milk prices became 2.8% and eggs prices 13% higher.

The input prices of agricultural production were 2.3% higher, which resulted from a 1.9% increase in the price level of intermediate consumption and a 5.5% rise in the price level of agricultural investments.

Animal feedingstuffs prices increased by 4.2%, within which the price of straight feedingstuffs by 6.2% and that of compound feedingstuffs by 2.7%.

Fertilisers prices were 2.1% lower, which resulted from reductions of 2.8% in straight fertilisers prices and 0.9% in compound fertilisers prices.

The price of plant protection products rose by 0.2% and that of veterinary medicinal products by 1.1%.

Energy and lubricants prices increased by 3.9%, within which the price of motor fuels was 5.5% higher.

Within the price of agricultural investments, that of investments in buildings was up by 8.7% and the price of investments in machinery and equipment by 3.9%.

The value of the terms of trade (the agricultural producer price index divided by the agricultural input price index) was 97.8%.