diff --git a/src/backend/parser/analyze.c b/src/backend/parser/analyze.c
index 8278e742f8dcfd9b27d632d39230d808bd80a113..a02a77a03a532c4f3819be698eebb4e458d2e67a 100644
--- a/src/backend/parser/analyze.c
+++ b/src/backend/parser/analyze.c
@@ -790,7 +790,7 @@ transformInsertStmt(ParseState *pstate, InsertStmt *stmt)
 		 */
 		exprList = transformExpressionList(pstate,
 										   (List *) linitial(valuesLists),
-										   EXPR_KIND_VALUES,
+										   EXPR_KIND_VALUES_SINGLE,
 										   true);
 
 		/* Prepare row for assignment to target table */
diff --git a/src/backend/parser/parse_agg.c b/src/backend/parser/parse_agg.c
index d9777099aa6f298652a47ec98f4066dc6baa5e43..7be7fe96892e3b4370e3a2d17246d140e0ea8baf 100644
--- a/src/backend/parser/parse_agg.c
+++ b/src/backend/parser/parse_agg.c
@@ -447,6 +447,7 @@ check_agglevels_and_constraints(ParseState *pstate, Node *expr)
 			errkind = true;
 			break;
 		case EXPR_KIND_VALUES:
+		case EXPR_KIND_VALUES_SINGLE:
 			errkind = true;
 			break;
 		case EXPR_KIND_CHECK_CONSTRAINT:
@@ -840,6 +841,7 @@ transformWindowFuncCall(ParseState *pstate, WindowFunc *wfunc,
 			errkind = true;
 			break;
 		case EXPR_KIND_VALUES:
+		case EXPR_KIND_VALUES_SINGLE:
 			errkind = true;
 			break;
 		case EXPR_KIND_CHECK_CONSTRAINT:
diff --git a/src/backend/parser/parse_expr.c b/src/backend/parser/parse_expr.c
index 73521b93fcab498b3ffb3149183047bff7315bd6..add3be6566031cb35c70b914ff2e42fa9a950d8e 100644
--- a/src/backend/parser/parse_expr.c
+++ b/src/backend/parser/parse_expr.c
@@ -1797,6 +1797,7 @@ transformSubLink(ParseState *pstate, SubLink *sublink)
 		case EXPR_KIND_OFFSET:
 		case EXPR_KIND_RETURNING:
 		case EXPR_KIND_VALUES:
+		case EXPR_KIND_VALUES_SINGLE:
 			/* okay */
 			break;
 		case EXPR_KIND_CHECK_CONSTRAINT:
@@ -3410,6 +3411,7 @@ ParseExprKindName(ParseExprKind exprKind)
 		case EXPR_KIND_RETURNING:
 			return "RETURNING";
 		case EXPR_KIND_VALUES:
+		case EXPR_KIND_VALUES_SINGLE:
 			return "VALUES";
 		case EXPR_KIND_CHECK_CONSTRAINT:
 		case EXPR_KIND_DOMAIN_CHECK:
diff --git a/src/backend/parser/parse_func.c b/src/backend/parser/parse_func.c
index 12979602e5968200f334e98f4a3ccc5386a0cadb..a52261f2e92e7058e222bb54c71f7b3e7d6ee8a2 100644
--- a/src/backend/parser/parse_func.c
+++ b/src/backend/parser/parse_func.c
@@ -2141,7 +2141,12 @@ check_srf_call_placement(ParseState *pstate, int location)
 			errkind = true;
 			break;
 		case EXPR_KIND_VALUES:
-			/* okay */
+			/* SRFs are presently not supported by nodeValuesscan.c */
+			errkind = true;
+			break;
+		case EXPR_KIND_VALUES_SINGLE:
+			/* okay, since we process this like a SELECT tlist */
+			pstate->p_hasTargetSRFs = true;
 			break;
 		case EXPR_KIND_CHECK_CONSTRAINT:
 		case EXPR_KIND_DOMAIN_CHECK:
diff --git a/src/include/parser/parse_node.h b/src/include/parser/parse_node.h
index 7cdf142df630e4a9700afcc1f26fdf424cd94502..bc3eea9ba5a2eba3d20ec3127e9dbd0b784f4ba5 100644
--- a/src/include/parser/parse_node.h
+++ b/src/include/parser/parse_node.h
@@ -55,6 +55,7 @@ typedef enum ParseExprKind
 	EXPR_KIND_OFFSET,			/* OFFSET */
 	EXPR_KIND_RETURNING,		/* RETURNING */
 	EXPR_KIND_VALUES,			/* VALUES */
+	EXPR_KIND_VALUES_SINGLE,	/* single-row VALUES (in INSERT only) */
 	EXPR_KIND_CHECK_CONSTRAINT, /* CHECK constraint for a table */
 	EXPR_KIND_DOMAIN_CHECK,		/* CHECK constraint for a domain */
 	EXPR_KIND_COLUMN_DEFAULT,	/* default value for a table column */
diff --git a/src/test/regress/expected/tsrf.out b/src/test/regress/expected/tsrf.out
index 8c54f717df83096c3505b6ea8dbed0f6d6ad3480..7bb6d17fcb0aa5f7a39b35823435f557a6b133ee 100644
--- a/src/test/regress/expected/tsrf.out
+++ b/src/test/regress/expected/tsrf.out
@@ -374,7 +374,9 @@ LINE 1: INSERT INTO fewmore VALUES(1) RETURNING generate_series(1,3)...
                                                 ^
 -- nor standalone VALUES (but surely this is a bug?)
 VALUES(1, generate_series(1,2));
-ERROR:  set-valued function called in context that cannot accept a set
+ERROR:  set-returning functions are not allowed in VALUES
+LINE 1: VALUES(1, generate_series(1,2));
+                  ^
 -- We allow tSRFs that are not at top level
 SELECT int4mul(generate_series(1,2), 10);
  int4mul