Producer Prices or prices received by farmers for primary crops, live animals weight and livestock primary products as collected at the point of initial sale (prices paid at the farm-gate). Data are provided for over 130 countries and for some 200 commodities, representing over 97 percent of the world’s value of gross agricultural production (at 2004-2006 International Dollar Prices).
Producer Prices provides price data in three units: i) Local Currency Units (LCU); ii) Standard Local Currency (SLC); and, iii) US Dollars. Although, both LCU and SLC denote prices in the local currency of a country, there is an important distinction between the two units. Prices in LCU refer to the currency prevailing in a country in the year of data reporting. Thus, if there is (are) currency change(s) in a country during the years for which data is available, the data series will refer to more than one currency. Please see the Currency Table in the Producer Prices webpage for information on currencies. Prices in SLC are standardised to reflect data in one currency only, normally the currency in the most recent year of data reporting. Having price data series in the same currency helps in 'smoothing' data series and is particularly useful for analysing time series data or constructing price indices.
Producer Prices contains data from 1991 onwards, whilst the Price Archive contains historical data from 1966 to 1990. However, these two data sets may not always be comparable. Please see the Price Archive page for more information.
Whilst countries are requested by FAO to provide prices received by farmers, it is possible that some countries do not collect such prices and may report an alternative set of data, mainly, wholesale prices or unit values compiled for national accounts. Please visit the Country Notes in the Producer Prices webpage for country-specific information.