Preliminary estimates of the agricultural price indices for 2007 show a 9.8 percent increase in output prices from 2006 levels, while input prices increased by 5.4 percent. The terms of trade index increased by 4.2 percent, indicating a favourable price movement for farmers in the year. The increase in the output index of 9.8 percent was due mainly to increases in the price of cereals (67.6 percent), milk (23.4 percent) and vegetables (11.5 percent). Comparing the annual 2007 input indices with the annual 2006 indices shows that feeding stuffs increased by 10.2 percent, seeds, veterinary expenses and energy increased by 8.9 percent, three percent and 2.9 percent respectively. Fertilisers increased by 1.8 percent.
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