Agriculture producer prices indices (2018–2022)

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.

Main findings:

• 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.
• Rising costs of agricultural and livestock inputs, coupled with adverse weather conditions and supply chain disruptions due to the COVID-19 pandemic and conflicts in various regions, have resulted in increased producer prices for cereals, vegetables and meat.
• Oil crops prices are still increasing, largely due to the continuing rise in the price of soybeans, sunflower seed and oil palm fruit.