Agricultural prices decreased in Q1 2026

In the first quarter of 2026, the average price of agricultural output in the EU decreased by 2.9% compared with the same quarter in 2025. This was a slightly higher rate of decline than that of the last quarter of 2025 (-1.7%).

The average price of agricultural inputs (goods and services consumed in agriculture and not related to investment, such as energy, fertilisers or feedingstuffs) changed little (-0.4%) in the first quarter of 2026. This continued the relative price stability for these inputs during 2025.

This information comes from data on agricultural price indices published by Eurostat today.

Source datasets: apri_pi20_outq and apri_pi20_inq

In the first quarter of 2026, the average price of agricultural output showed year-on-year decreases in 19 EU countries; the sharpest declines were in Belgium (-12.9% compared with Q1 2025), Germany (-11.0%) and Lithuania (-10.8%). Prices increased in the other 8 EU countries, most notably in Malta (+14.8%), Croatia (+8.5%) and Finland (+5.5%).

In terms of the average price of inputs not related to investment, declines were recorded in 14 EU countries, with the sharpest rates being in Germany (-3.8%), the Netherlands (-3.4%), Cyprus and Portugal (both -3.1%). In the other 13 EU countries there were increases, the sharpest rates being in Lithuania (+16.8%), Romania (+5.0%) and Ireland (+3.6%).

Source datasets: apri_pi20_outq and apri_pi20_inq

At the EU level, milk and cereal prices decreased by an average 15.5% and by 11.7%, respectively, in the first quarter of 2026, compared with the same quarter of 2025.

Among the goods and services consumed in agriculture, the average prices of fertilisers and soil improvers in the EU rose by 6.6% in the same period, while feedingstuffs and energy declined by 4.9% and by 0.6% respectively.