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Kepulauan Riau’s Farmers Term of Trade in March 2020

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Release Date	:	April 1, 2020
File Size	:	0.56 MB

Abstract

Farmer Exchange Rate (NTP) is a comparison of the price index 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 the exchange power (terms of trade) of agricultural products with goods and services consumed as well as for production costs.

In March 2020, NTP of Kepulauan Riau Province was recorded at 100.59 or decreased by 0.68 percent compared to the NTP in February 2020.

The NTP of the Food Crop subsector was recorded at 101.84; NTP of Horticulture subsector was 105.99; NTP of the People's Plantation Plant subsector was 93.43; NTP of Livestock subsector was 98.42 and NTP of Fishery subsector was 103.23.

The Agriculture Business Exchange Rate (NTUP) of Kepulauan Riau Province in March 2020 was 101.99 decreased by 0.59 percent compared to last month.

NTUP of the Food Crop subsector was recorded at 102.42; NTUP Horticulture sub-sector by 108.01; NTUP of the People's Plantation Plant subsector was 95.04; NTUP of Livestock subsector was 99.55; and NTUP of Fisheries subsector was 104.20.

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