News Agriculture, Statistic

According to recent statistics of the Natural Resources Institute Finland (Luke), the producer prices for meat took a new upward turn in 2017. By the end of the year, the prices has increased approximately to the level of three years ago.

The price increases mainly took place in late 2017. The prices of most types of meat were still low during the first half of the year. However, they increased steadily towards the end of the year. The prices were at their highest in November–December.

The producer prices for cereal and food potatoes also took an upward turn in 2017. Their prices also mainly increased late in the year.

– Only the producer prices for poultry remained almost unchanged or decreased slightly from the previous year, says Senior Statistician Irene Rosokivi of Luke.

Average producer prices for meat in 2009–2017.

In 2017, the price paid by slaughterhouses to producers for beef was approximately three euros per kilogram, five per cent less than in the previous year. In turn, the producer price for pork was EUR 1.50, an increase of six per cent.

Producers were paid EUR 3.20 for lamb meat, an increase of approximately four per cent from the previous year. The producer price for broiler meat was almost unchanged from the previous year, approximately EUR 1.30 per kilogram.

The prices for cereal increased – apart from rye

The average price paid to farmers for basic-quality wheat in 2017 was EUR 148 per tonne, which is six per cent more than in the previous year. On the other hand, there was an equivalent price drop in the previous year.

– The producer price for rye was on average EUR 164 per tonne, which is four per cent less than in the previous year. The price for rye has been declining over the past few years. In 2017, the producer price for barley oat was approximately EUR 157 per tonne, while that for oat was approximately EUR 135 per tonne. Both prices increased by approximately three per cent, Rosokivi says.

Development of producer prices for cereal in 2009-2017.

The price for organic eggs kept increasing

The producer price for class A eggs of hens in cages kept decreasing and was on average 83 cents per kilogram in 2017. In turn, the producer price for organic eggs kept increasing like in previous years and was on average EUR 2.63 per kilogram in 2017. The prices for barn and free-range eggs remained almost unchanged.

The price for milk increased and the price for food potatoes decreased

In 2017, the dairies paid milk producers on average 38.31 cents for each litre of milk. The average price does not include the adjustment payment or production aid for milk. The average price increased by approximately 1.5 per cent from the previous year. The details of adjustment payments paid to producers will be collected from the dairies in March–April. The price for milk varied monthly. The average producer price for milk decreased early in the year, was at its highest in November and decreased slightly in December.

In 2017, the producer price for food potatoes decreased to its level of a couple of years ago. The average producer price was 18 cents per kilogram of food potatoes. In turn, the price paid for early potatoes increased sharply from the previous year, from 33 cents to approximately 60 cents per kilogram. The price per kilogram of early potatoes has fluctuated a lot overt the last ten years, ranging from 30 cents to 1 euro.

Background to the statistics

The producer price is the price paid to a farmer for an agricultural product excluding value-added tax. Information on producer prices is based on questionnaires sent to first-hand buyers, such as dairies, slaughterhouses, agricultural trade, industries that use cereals, and egg and potato packaging plants. The information is collected monthly.

The statistical tables related to the bulletin are available online from the service.