Agricultural prices

Prices of wheat and winter wheat decreasing

Agriculture & fishery
Prices of wheat and winter wheat decreasing

The producer price for breadmaking wheat has reached €14.12 (for 100 kg) in August 2019, which corresponds to a drop of more than 28 % compared to August 2018.

The producer price for winter wheat also shows the same downward trend, falling from €19.60 for 100 kg in August 2018 to €13.40 for 100 kg in August 2019 (i.e. a decrease of almost 32 %).

However, the producer prices for pigs and eggs have increased by 20 % and 32.2 %, respectively, compared to August 2018.

Purpose and brief description

The agricultural price indexes (API) are above all used to analyze the evolution of prices and their impact on the agricultural income. The purpose of the price indexes is to provide information on trends in producer prices of agricultural products and purchase prices of the means of agricultural production. These indexes should allow comparing the trends between the member states and the European Union as well as between various products within a member state or the European Union. They should also facilitate the comparison between the trend of output prices and that of purchase prices of the means of agricultural production.

Population

Agricultural holdings active in Belgium during the reference period

Frequency

Monthly

Timing publication

Results available 45 days after the reference period

Definitions

Agricultural output price index :It is the agricultural output price index based on the sales of agricultural products delivered outside the agricultural sector.

Index of the purchase prices of the means of agricultural production : It is the index of purchase prices of the means of agricultural production to the exclusion of agricultural products as production means.

Average price of the agricultural and horticultural products : It is the average price received by the farmer when selling agricultural products.

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