Agriculture Minister Highlights New Peak in Farmer's Exchange Rate in 2026

  • 03 Mar 2026 06:29 WIB
  •  Voice of Indonesia

RR.CO.ID, Jakarta - The Farmer’s Exchange Rate (NTP) rose to 125.45 in February 2026, a 1.50 percent increase from January 2026, according to the Central Bureau of Statistics (BPS). The figure marks a new record in the NTP calculation period and reflects that prices received by farmers increased more quickly than the costs they paid.

Agriculture Minister Amran Sulaiman said the achievement represents an important milestone in strengthening farmers’ purchasing power, in line with deregulation, budget efficiency, and the transformation toward a modern agricultural system.

“This achievement sets a new record. It is proof that our policies are starting to directly impact farmers,” he said on Monday, March 2, 2026, as quoted on the Ministry of Agriculture’s official website.

Deputy for Distribution and Services Statistics, Ateng Hartono, explained that the increase in the NTP was driven by a 2.17 percent rise in the Farmer Price Received Index (It), which reached 158.38. Key commodities contributing to the increase included cayenne pepper, rubber, palm oil, and shallots.

He added that the Farmer Price Paid Index (Ib) also rose by 0.65 percentage points to 126.24, driven by higher prices for cayenne pepper, broiler chicken, red chili pepper, and broiler chicken eggs.

By subsector, most recorded increases in the NTP. The horticulture subsector posted the highest rise, from 119.62 in January to 139.57 in February 2026, or 16.68 percent.

The plantation subsector increased by 0.24 percent, livestock by 1.68 percent, and fisheries by 0.72 percent. Within fisheries, the NTP for fishermen rose 0.35 percent, while the NTP for fish farmers increased 1.32 percent.

The food crops subsector was the only one to decline, falling 0.88 percent from 113.43 in January to 112.43 in February 2026. ***

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