About this metric
This metric compares the prices farms pay for agricultural production means with the prices they get for their products, as the change on the previous year from 1998 to 2025. The source gives both as an index with the previous year = 100; the chart shows the index minus 100.
Input prices ranged from a fall of 13.1% in 2023 to a rise of 16.5% in 2022, while farm sale prices ranged from a fall of 19.5% in 2015 to a rise of 32.0% in 2010. Input prices fell in 8 of the 28 years and sale prices in 13.
In 2023 input prices fell by 13.1%, their largest fall in the series, when sale prices fell by 6.3%. In 2021 and 2022 input prices rose by 13.5% and 16.5%, and sale prices by 8.9% and 13.4%. In 2025 input prices fell by 0.8% and sale prices rose by 4.7%.