French agriculture rebounded strongly in 2021

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French agriculture rebounded strongly in 2021

Cereal producers and discipline crop farmers benefited from the surge in wheat, corn, barley, rapeseed and sugar costs in 2021. The nice well being of those sectors largely explains the sturdy rebound within the worth of French agricultural manufacturing. INSEE confirmed this on Thursday July 7, after an preliminary estimate delivered in December 2021. It exhibits that after two years of decline, manufacturing from the “France farm” elevated by 7.7% in 2021, to succeed in 81.6 billion euros.

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Lengthy earlier than the battle in Ukraine, grain and oilseed markets have been booming; this was pushed by sustained Chinese language demand, the rebound in exercise after the Covid-19 disaster and the renewed urge for food of speculators for agricultural commodities. The worth of French cereal manufacturing due to this fact elevated by 50%, standing at 15.1 billion euros, pushed by a very good harvest, wherein volumes rebounded by 17.2%, and by a worth improve of 28.8%. Equally, the worth of oilseed crops, rapeseed within the lead, is up 53%, thus reaching 3.7 billion euros.

The one draw back: within the plant sector, unhealthy climate situations, and particularly the wave of frost in April 2021, lower fruit harvests and, above all, wine manufacturing. Worth will increase of 11.3% and seven.9% respectively solely partially offset the losses. Thus, the worth of wine manufacturing fell by 11%, to succeed in 10.5 billion euros. In complete, the worth of French plant manufacturing reached 49.5 billion euros, up 12%.

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Livestock didn’t profit from the identical dynamic. The worth of animal manufacturing is estimated at 26.8 billion euros, it’s actually growing, however it’s restricted to 1.7%. The worth of pigs fell with the weakening of Chinese language demand, whereas that of chickens turned dearer, in addition to that of cattle and dairy merchandise. The common earnings of farmers has due to this fact, logically, improved general in 2021, even when the disparities will stay sturdy. INSEE, which for its half scrutinizes the gross added worth of the agricultural department at issue value per employee in actual phrases, estimates that this indicator has recovered by 11.5% over this era.

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