Agriculture producer prices indices 2016–2021
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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.