Farmer Exchange Rate (NTP) in January 2019 amounted to 103.33, up 0.16 percent. Harvest Dry Grain Prices at the Farmer Level rose 2.22 percent and Medium Rice Prices in Milling rose 1.06 percent

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Release Date	:	February 1, 2019
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Abstract

Farmer Exchange Rate (NTP) is a comparison of the index of prices received by farmers (It) against the price index paid by farmers (Ib).

NTP is one indicator to see the level of ability / purchasing power of farmers in rural areas. NTP also shows terms of trade of agricultural products with goods and services consumed and for production costs. The higher the NTP, the stronger the ability / purchasing power of farmers is relatively stronger.

The national NTP for January 2019 was 103.33, up 0.16 percent compared to the previous month's NTP. The increase in NTP was due to the Farmer Accepted Price Index (It) which rose by 0.57 percent, greater than the increase in the Farmer Paid Price Index (Ib) of 0.41 percent.

In January 2019, Riau Province NTP experienced the highest increase (2.59 percent) compared to the increase in other provincial NTPs. In contrast, the Papua Province NTP experienced the largest decline (1.58 percent) compared to the decline in other provincial NTPs.

In January 2019 there was rural inflation in Indonesia of 0.26 percent, caused by an increase in the index in all the groups composing the Household Consumption Index (SCE).

The national Agricultural Household Exchange (NTUP) value for January 2019 was 112.00 or fell 0.18 percent compared to NTUP the previous month.

Out of 1,224 grain sales transactions in 28 provinces during January 2019, 68,13 percent of dry harvested rice (GKP), 16,67 percent of dry grain (GKG), and 15,20 percent of low quality grain were recorded.

During January 2019, the average price of GKP at the farm level was Rp. 5,353.00 per kg, up 2.22 percent and at the grinding level Rp. 5,453.00 per kg or up 2.31 percent compared to the same quality grain price at December 2018. The average price of GKG at the farm level is Rp. 5,780.00 per kg, up 1.16 percent and at the grinding level Rp. 5,903.00 per kg or up 1.45 percent. The price of low quality grain at the farm level is Rp. 4,693.00 per kg, down 2.99 percent and at the grinding level Rp. 4,800.00 per kg or down 2.98 percent.

Compared to January 2018, the average price in January 2019 at the farm level for all qualities, namely GKP, GKG, and low quality grain, decreased by 1.14 percent, 3.70 percent and 4.65 percent respectively. Likewise at the grinding level, the average price in January 2019 for all qualities, namely GKP, GKG, and low quality grain also decreased by 1.00 percent, 3.21 percent and 4.21 percent respectively.

In January 2019, the average price of premium quality rice in the mill was Rp. 10,111.00 per kg, up by 2.98 percent compared to the previous month. The average price of medium quality rice in the mill is IDR 9,903.00 per kg, up by 1.06 percent. While the average price of low quality rice in the mill is Rp. 9,536.00 per kg, up by 1.10 percent.

Compared to January 2018, the average price of rice in the mill in January 2019 for all qualities, namely premium, medium and low decreased by 2.31 percent, 2.69 percent and 2.62 percent respectively.

Related Official Statistics News

The December 2018 Farmer Exchange Rate (NTP) Amounted To 103.16, Up 0.04 Percent. Harvest Dry Grain Prices At The Farmer Level Rose 2.35 Percent And Medium Rice Prices In Milling Rose 2.03 Percent

The November 2018 Farmer Exchange Rate (NTP) Is 103.12, Increased 0.09 Percent. Harvest Dry Grain Prices At The Farmer Level Increased 3.64 Percent And Medium Rice Prices In Milling Increased 2.22 Percent

Farmer Exchange Rate (NTP) In October 2018 Is 103.02 Or Decreased 0.14 Percent, Harvest Dry Grain Prices At Farmer Levels Increased 0.98 Percent And Medium Rice Prices At Milling Increased 0.92 Percent

Farmers Exchange Rate (NTP) July 2018 Amounted To 101.66 Or 0.37 Percent Down. The Price Of Dry Harvest At Farmers Level Fell 0.38 Percent And The Medium Rice Price In Milling Rose 0.68 Percent

September 2018 Farmer Exchange Rate (NTP) Is 103.17 Or Increased 0.59 Percent. Harvested Unhulled Rice Prices At The Farmer Level Rose 2.40 Percent And Medium Rice Prices In Milling Increased 1.50 Percent.

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