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Updates about the Horticulture Wales project, along with industry news and opinion.

Market Analysis: The UK Agricultural Price Index

24 April 2014

The year-on-year farm gate price UK growers receive for fresh fruit and vegetables has fallen considerably, according to new official statistics.

Pounds downward trend (180px * 127px)The latest figures from DEFRA’s monthly Agricultural Price Index show that fresh fruit prices in February fell by 2.2% and were 27% lower than the same time last year, when prices were inflated due a shortage in supply caused by a poor harvest.

The price of fresh vegetables also dropped 5.3% during February, 8% lower than the corresponding period in 2013, with the price of cabbages, lettuce, and carrots, in particular, all significantly lower. Cauliflower bucked the downward trend however, with prices up by almost a third (32%) in February due to limited supplies.

There was no change in the price of flowers and plants sold in February, although this year’s prices were fractionally higher (just 0.1%) than in February 2013.

The Agricultural Price Index measures the monthly price changes in agricultural outputs and inputs for the UK. The ‘outputs’ record the price growers and farmers receive for their products, also referred to as farm gate price, while the ‘inputs’ monitor the price growers and farmers pay for goods and services.

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