Agriculture Output PPI at 115.6 in July 2026: Agri-Business Price and Contract Review
By Ravi Sisodia · Reviewed by CA Divyanshu Sengar · Updated 5 October 2026
2-minute summary
- Agriculture, forestry and fishing Output PPI was 115.6 in July 2026, up from 114.1 in June.
- Agriculture Output PPI can help benchmark farm-gate price direction, but an agribusiness still needs crop, grade, geography and season-specific evidence.
- The July 115.6 value rose from June; that direction should be separated from harvest timing and company-specific procurement contracts.
Current position
Agricultural output pricing is heterogeneous. The official index aggregates agriculture, forestry and fishing, so a processor or trader should identify the closest series and then reconcile local mandi or contract prices.
Control and evidence map
| # | Control / evidence requirement | |
|---|---|---|
| 1 | Agri businesses should map the output index to crop mix, procurement seasonality, quality and contract formulas before changing farmer/customer pricing. | |
| 2 | Map crop purchases by state, harvest window and quality grade. | |
| 3 | Compare index direction with actual farm-gate or contracted procurement prices. | |
| 4 | Model inventory carry and spoilage because timing can overwhelm the headline index effect. | |
| 5 | Keep government support-price or statutory interventions as separate scenario drivers. | |
Worked example
A food processor buying multiple crops can compare its weighted farm-gate prices with the relevant agricultural output index while keeping quality premiums separate.
Common mistakes
- Do not treat a national agriculture index as a spot mandi quote.
- Separate output-price movement from input-cost movement.
- Seasonality can dominate month-to-month comparisons.
Frequently asked questions
Is 115.6 a commodity price?
No; it is an index value.
Can it replace mandi data?
No.
Why did July rise from June?
The index moved from 114.1 to 115.6 for the aggregated agriculture group.
What should an agribusiness board see?
The official index beside company purchase prices, crop mix and inventory exposure.
Official sources
- Press Information Bureau / Department for Promotion of Industry and Internal Trade - Provisional WPI, Output PPI and Experimental Input PPI for July 2026; final May 2026 indices (PIB PRID 2299432; 2026-08-14)
- Press Information Bureau / Department for Promotion of Industry and Internal Trade - Provisional Wholesale Price Index for August 2026 (PIB PRID 2309977; 2026-09-14)
Disclaimer
Educational and professional reference only; confirm the current law, rates and the facts of your case before relying on this page.