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Information Note on Implications of COVID-19 on the Agricultural Price Indices

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Data for the Agricultural Price Indices are collected from a number of different sources including administrative data, data provided directly from marts and from monthly surveys to businesses. Despite the current difficult circumstances, many businesses have continued to respond to our survey and supply us with information and we thank all respondents for their support.

Due to the closure of the marts as a result of the COVID-19 pandemic, the number of surveyed transactions in April and May dropped to about 5% and 15% of the normal monthly surveyed transactions respectively. The overall cattle price indices and the sub-indices for cattle excluding calves and calves are composed of data from both factory sales and sales at marts. This should be borne in mind when comparing data from the April and May Agricultural Price Indices to those of previous months.