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Agriculture Prices

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The Agricultural Price Indices comprise of the index of producer prices of agricultural products (the Output Price Index) and the index of purchase prices of the means of agricultural production (the Input Price Index). The Output Price Index is based on the sales of agricultural products and the Input Price Index is based on the purchases of the means of agricultural pro­duction by agricultural producers. Both indices are compiled on the basis of the average farm concept. The average farm concept includes both sales to other economic sectors as well as sales/purchases of agricultural output between agri­cultural units for intermediate consumption purposes, excluding trade in animals between agricultural units. 

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23.1 Agricultural output price index
 
       Base year 2010=100
 
 201020112012201320142015
       
Cattle100.0120.2135.9138.8125.9139.1
Sheep100.0107.9104.1104.8107.4108.7
Pigs100.0109.5121.3127.4121.8111.4
Poultry100.0106.1114.2116.4114.0112.2
Milk100.0114.3104.4127.3121.594.9
Cereals100.0131.5153.4156.6121.0114.3
Potatoes100.069.0119.0158.477.3100.3
Vegetables100.0101.4105.6105.9102.4103.4
       
Total outputs100.0115.2121.1131.6120.7116.0
Source: CSO      

Interactive table: StatBank link

The agricultural output price index increased by 16% in 2015 when compared to 2010.

Cattle prices rose by 39.1% over the period, while milk decreased by 5.1%.

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23.2 Agricultural input price index
 
       Base year 2010=100
 
 201020112012201320142015
       
Feeding stuffs100.0116.3125.3135.1122.1117.4
Fertilisers100.0123.0126.7126.1121.6122.2
Seeds100.0106.0121.2128.1119.9116.4
Energy (including electricity)100.0115.2126.2124.4121.1107.7
Plant protection products100.097.797.998.999.198.5
Veterinary expenses100.099.6100.3100.3102.5103.7
Maintenance of materials and buildings100.098.498.998.098.598.3
Other goods and services100.0102.3100.8100.6104.9110.9
       
Total inputs100.0111.1116.5119.7114.6112.2
Source: CSO      

Interactive table: StatBank link

The agricultural input price index increased by 12.2% in 2015 when compared to 2010.

In particular, fertiliser, feeding stuffs, seeds and energy price indices increased by 22.2%, 17.4%, 16.4% and 7.7% respectively.

 

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