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BPS-Statistics Indonesia

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 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
Release Date : January 2, 2019
File Size : 2.63 MB

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 December 2018 national NTP was 103.16, up 0.04 percent compared to the previous month's NTP. The increase in NTP is due to the Farmer Accepted Price Index (It) which rose by 0.54 percent more than the increase in the Farmer Paid Price Index (Ib) of 0.50 percent.
  • In December 2018, Maluku Province NTP experienced the highest increase (0.81 percent) compared to other provincial NTP increases. In contrast, West Sulawesi Province's NTP experienced the largest decline (2.34 percent) compared to the decline in other provincial NTPs.
  • In December 2018 there was rural inflation in Indonesia of 0.58 percent due to an increase in the index in all groups composing the Household Consumption Index (SCE), especially the Foodstuffs Group.
  • The December 2018 national Agricultural Household Exchange (NTUP) amounted to 112.21, up 0.26 percent compared to NTUP the previous month.
  • Out of 1,329 grain sales transactions in 29 provinces during December 2018, there were 74.42 percent of harvested unhusked grain (GKP), 16.55 percent of dry unhulled rice (GKG), and 9.03 percent of low quality grain.
  • During December 2018, the average price of GKP at the farm level was Rp. 5,237.00 per kg or increased by 2.35 percent and at the milling rate of Rp. 5,330.00 per kg or up 2.27 percent compared to the same quality grain price at November 2018. The average price of GKG in farmers is Rp. 5,714.00 per kg, up 1.19 percent and at the grinding level Rp. 5,818.00 per kg or up 1.12 percent. The price of low quality grain at the farm level is Rp. 4,837.00 per kg, up 2.08 percent and at the grinding level Rp. 4,448.00 per kg or up 2.21 percent.
  • Compared to December 2017, the average price in December 2018 at the farm level for all qualities, namely GKP, GKG, and low quality grain, each increased by 4.84 percent, 1.93 percent and 6.68 percent. Likewise at the grinding level, the average price in December 2018 for all qualities, namely GKP, GKG and low quality grain also increased by 4.90 percent, 2.27 percent and 7.22 percent respectively.
  • In December 2018, the average price of premium quality rice in the mill was Rp. 9,818.00 per kg, up by 0.48 percent compared to the previous month. The average price of medium quality rice in the mill is Rp. 9,798.00 per kg, up by 2.03 percent. While the average price of low quality rice in the mill is IDR 9,322.00 per kg, up by 0.07 percent.
  • Compared to December 2017, the average price of rice in the mill in December 2018 for premium quality decreased by 0.43, while for premium and low quality it increased by 2.86 percent and 1.32 percent respectively.
  • During December 2017 – December 2018, the highest average price of GKP at the farm level was IDR 5,415.00 in January 2018, while the lowest average price of IDR 4,554.00 occurred in May 2018.
  • The highest average price for Medium quality rice during December 2017 – December 2018 Rp.10,215.00 occurred in February 2018, while the lowest average price of Rp9,135.00 occurred in June 2018.
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