Agricultural goods’ prices up 19% in Q3 2012

In Q3 2012, producer prices in agriculture rose by 19.2%, compared to the same quarter of 2011, showed National Statistical Institute (NSI) data.

The drastic surge is mainly due to producer prices in plant-growing, which have increased by 23.1%, while prices of products from livestock-breeding rose by 2.9%. An increase over the previous year was observed in the prices of soft wheat (32.3%), corn (11.7%), barley (22.8%), sunflower (20.8%), vegetables (14.2%) and fruits (32.0%). The price increase of products from animal origin was as follows: 4.8% for meat from cattle, 13.3% for poultry and 22.1% for hens’ eggs. A slight decline was registered only in the wholesale prices of pork (2.5%) and cow’s milk (4%).

The index of prices of agricultural goods and services for immediate consumption in Q3 2012 was 7.7% above their level for the same quarter of 2011. The prices of electricity and fuels rose considerably – by 9%, these of fertilisers - by 11.4%, of veterinary medical products - by 7.3% and of fodder – by 17%. The prices of seeds and seedlings have increased by just 2.8% until now.

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