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Agriculture producer price indices

Year of publication 2020

Place of publication Rome, Italy ;

Pages 13 p.

Author FAO

Publisher FAO ;

Product type Book (series)

Series title FAOSTAT Analytical Briefs

Series number no. 5

Edition 1

Synopsis (short abstract) The FAO indices of agricultural products measure the average annual change over time in the selling prices received by farmers (prices at the farm-gate or at the first point of sale). The source of official country Agriculture Producer Prices is a questionnaire sent annually to the national statistical offices in all countries in May of the reference year, in addition to two previous years. Country Agriculture Producer Price Indices are updated in FAOSTAT on annual basis.

Cite this content as:

​FAO, 2020. Agriculture producer price indices. FAOSTAT Analytical Brief Series No. 6. Rome.

Language English

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    The FAO indices of agricultural producer prices measure the average annual change over time in the selling prices received by farmers (prices at the farm-gate or at the first point of sale) for primary crops, live animals’ weight and livestock primary products. The source of official country agriculture producer prices is a questionnaire sent annually to the national statistical offices in all countries in May of the reference year, in addition to two previous years. Country agriculture producer price indices are updated in FAOSTAT on an annual basis. According to the latest data, analysed in this brief, during the period 2017–2022, globally producer price indices showed a generalized increasing pattern for cereals, oil crops and meat.
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    Agriculture producer prices indices 2018–2022 2024
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    The FAO indices of agricultural producer prices measure the average annual change over time in the selling prices received by farmers (prices at the farm gate or at the first point of sale) for primary crops, live animals’ weight and livestock primary products. The source of official country agriculture producer prices is a questionnaire sent annually to the national statistical offices in all countries in May of the reference year, in addition to two previous years. Country agriculture producer price indices are updated in FAOSTAT on an annual basis. According to the latest data, analysed in this brief, producer price indices continue to show an increasing trend at the global level, especially for cereals, oil crops and vegetables, for the 2018–2022 period.
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    The FAO indices of agricultural producer prices measure the average annual change over time in the selling prices received by farmers (prices at the farm-gate or at the first point of sale) for primary crops, live animals’ weight and livestock primary products. In 2019 and 2020, large variations in producer price indices were observed, mainly due to COVID-19 pandemic restrictions, which disrupted the supply chain and pushed many countries to stockpile food reserves out of food security concerns, unfavourable weather events in key exporting countries and strong demand for biofuels by non-commercial traders. Estimates for 2021 show a sustained increase in producer prices. Country agriculture producer price indices are updated in FAOSTAT on an annual basis. The next release presenting global and regional trends will be in December 2022.
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