Raw milk of cattle — Producer Price in Republic of Korea
Republic of Korea: Raw milk of cattle — Producer Price was 855,000 LCU in 2011. ◆ Volatile
Raw milk of cattle — Producer Price in Republic of Korea, 1991–2011
Source: Food and Agriculture Organization of the United Nations. Measured in LCU.
Analysis
In 2011, raw milk of cattle — producer price in Republic of Korea stood at 855,000 LCU.
The figure is down 0.1% on the previous year and up 185.0% over ten years.
Over the whole period, raw milk of cattle — producer price in Republic of Korea peaked at 858,000 LCU in 2006 and was at its lowest, 207,778 LCU, in 1991.
That places Republic of Korea 12th out of 129 countries with data for 2011, putting it in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Raw milk of cattle — Producer Price in Republic of Korea, year by year
| Year | LCU | Change |
|---|---|---|
| 1991 | 207,778 LCU | — |
| 1992 | 212,778 LCU | +2.4% |
| 1993 | 236,111 LCU | +11.0% |
| 1994 | 240,556 LCU | +1.9% |
| 1995 | 243,889 LCU | +1.4% |
| 1996 | 252,778 LCU | +3.6% |
| 1997 | 252,778 LCU | +0.0% |
| 1998 | 300,000 LCU | +18.7% |
| 1999 | 300,000 LCU | +0.0% |
| 2000 | 300,000 LCU | +0.0% |
| 2001 | 300,000 LCU | +0.0% |
| 2002 | 300,000 LCU | +0.0% |
| 2003 | 296,500 LCU | -1.2% |
| 2004 | 311,100 LCU | +4.9% |
| 2005 | 333,900 LCU | +7.3% |
| 2006 | 858,000 LCU | +157.0% |
| 2007 | 722,174 LCU | -15.8% |
| 2008 | 727,906 LCU | +0.8% |
| 2009 | 772,326 LCU | +6.1% |
| 2010 | 856,000 LCU | +10.8% |
| 2011 | 855,000 LCU | -0.1% |
Biggest year-on-year movements
Years where Raw milk of cattle — Producer Price in Republic of Korea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2006 | +157.0% | 333,900 LCU | 858,000 LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 249,630 LCU | 207,778 LCU | 300,000 LCU | 9 |
| 2000s | 492,191 LCU | 296,500 LCU | 858,000 LCU | 10 |
| 2010s | 855,500 LCU | 855,000 LCU | 856,000 LCU | 2 |
Countries ranked near Republic of Korea
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Frequently asked questions
- What is raw milk of cattle — producer price in Republic of Korea?
- Raw milk of cattle — producer price in Republic of Korea was 855,000 LCU in 2011, according to Food and Agriculture Organization of the United Nations.
- What is the highest raw milk of cattle — producer price recorded in Republic of Korea?
- The highest recorded value was 858,000 LCU in 2006.
- What is the lowest raw milk of cattle — producer price recorded in Republic of Korea?
- The lowest recorded value was 207,778 LCU in 1991.
- How does Republic of Korea rank for raw milk of cattle — producer price?
- Republic of Korea ranks 12th out of 129 countries with data for 2011.
- Is raw milk of cattle — producer price rising or falling in Republic of Korea?
- Over the last ten years it is up 185.0%. The long-run trend across the full record is volatile.
- Where does this Republic of Korea data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Raw milk of cattle — Producer Price (LCU/tonne). Statizoid updates them automatically from the source API.
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About this data
This sub-domain contains data on agriculture producer prices and the producer price index. Agriculture producer prices are prices received by farmers for primary crops, live animals and livestock primary products as collected at the point of initial sale (prices paid at the farm gate). Annual data are provided from 1991 (while mothly data start in January 2010) for 180 countries and 212 products. The producer price index is the index of agricultural producer prices that measures the average annual change over time in the selling prices received by farmers (prices at the farm gate or at the first point of sale). The three categories of producer price index available in FAOSTAT comprise: single-item price index, commodity group index and the agriculture producer price index.