Agricultural prices

Decrease in output prices for plant products

Agriculture & fishery
Decrease in output prices for plant products

The agricultural output price index remains relatively stable in September compared to the previous month, but has significantly declined compared to the previous year, with a decrease of 15.8 % compared to September 2018.

This decrease is mainly due to a decrease in the prices of plant products (cereals, potatoes, etc.) and vegetables. Finally, it should be noted that the price for brown eggs has risen sharply, i.e. 7.5 % more than in August.

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.

Metadata