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Development of Farmer Exchange Rates and West Sumatra Grain Producer Prices November 2022

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Release Date	:	December 5, 2022
File Size	:	2.99 MB

Abstract

West Sumatra's NTP in November 2022 was 111.14 or an increase of 0.45 percent compared to the previous month's NTP.

The increase in NTP was due to an increase in the price index received by farmers (It) of 0.31 percent and the price index paid by farmers (Ib) decreased by 0.14 percent.
The West Sumatra Agricultural Household Business Exchange Rate (NTUP) for November 2022 was 108.31 or an increase of 0.30 percent compared to the previous month's NTUP.
In November 2022 the average price of GKP quality grain at the farm level decreased by 2.06 percent from IDR 6,796.94 per kg (October 2022) to IDR 6,657.01 per kg (November 2022)

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