Peru: Feed raise costs in agriculture by 7.3% until June

Published Oct 19, 2021

Tridge summary

The latest report from the Ministry of Agriculture, Fisheries and Food (MAPA) on agricultural prices received indices for June 2021 shows an increase in the costs of agricultural activities and a year-on-year rise in prices received by farmers. The highest increases were in fuels, electricity, and certain products, while simple fertilizers, amendments, and seedlings also saw increases. The general index of agricultural prices received by producers has increased by 3.97% since 2015, while the index of prices paid by farmers and ranchers has increased by 9.21%.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

This is the result of the latest report on agricultural prices received indices released by the Ministry of Agriculture, Fisheries and Food (MAPA), with data relating to June 2021. The expenses of the agricultural activity have also rebounded in the purchase of simple fertilizers (+19.96%), amendments (+5.20%), seedlings (+3.17%), some increases that are still very far from those related to fuels (+30.51%) and electricity (+27.40%) or other products such as phytopathology (+1.82%). In livestock feed, the feeds whose prices have risen the most were compounds for pigs (+17.68%). In the report on prices received by farmers, the year-on-year rise in June was 8.54%, with significant increases in the case of the price of olive oil (+69.08%), of pork for supply (+22, 12%) and tubers (+ ...

Source: PEefeagro