Farmer Terms of Trade Statistics 2016

The data presented is data of 2016 that includes five subsectors those are food crops, horticulture crops, smallholders estate crops, animal husbandry, and fisheries. Farmer Terms of Trade (FTT) is used as a proxy indicator of welfare. Since December 2013, the FTT had been calculated using 2012 as a base year covering 33 provinces. In adddition to reporting the indices of the price received by farmers, price paid by farmers, and farmers` terms of trade, this publication also explains the concepts, definitions, methodology, and explanation of the weight diagram used in the FTT.