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Development of Farmer Exchange Rates and West Sumatra Grain Producer Prices April 2023

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Release Date	:	May 2, 2023
File Size	:	3.15 MB

Abstract

West Sumatra's NTP for April 2023 was 107.41, down 2.24 percent compared to the previous month's NTP. The decrease in NTP was due to a decrease in the price index received by farmers (It) of 2.24 percent, while the price index paid by farmers (Ib) increased by 0.004 percent.

The West Sumatra Agricultural Household Business Exchange Rate (NTUP) for April 2023 was 105.29 or a decrease of 2.28 percent compared to the previous month's NTUP.
In April 2023 the average price of GKP quality grain at the farm level decreased by 2.45 percent from IDR 6,279.48 per kg (March 2023) to IDR 6,125.34 per kg (April 2023).

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