Nilai Tukar Petani (NTP) Maret 2024 sebesar 137,21 atau naik 2,55 persen dibandingkan dengan NTP pada Februari 2024.

The Increase in Farmer's Terms of Trade (NTP) in March 2024

The increase in NTP was caused by a 3.59% increase in the Farmer's Price Index (It), while the Farmer's Paid Price Index (Ib) only increased by 1.01%.

NTP in March 2024 for each sub-sector:

• Food Crop Farmer's Terms of Trade (NTPP): 106.94
• Horticultural Farmer's Terms of Trade (NTPH): 119.20
• Smallholder Plantation Farmer's Terms of Trade (NTPR): 181.56
• Livestock Farmer's Terms of Trade (NTPT): 103.81
• Fishermen and Fish Farmers' Terms of Trade (NTNP): 100.54

In March 2024, four sub-sectors experienced an increase in NTP:

• Food crops sub-sector (1.89%)
• Horticulture sub-sector (4.50%)
• Smallholder plantation sub-sector (3.41%)
• Fisheries sub-sector (0.66%)

On the other hand, one sub-sector experienced a decrease:

• Livestock sub-sector (-0.77%)

The Terms of Trade for Agricultural Households (NTUP) in March 2024 was 141.23, or an increase of 3.35% compared to NTUP in February 2024 which was recorded at 136.65.

Four sub-sectors experienced an increase in NTUP:

• Food crops sub-sector (2.51%)
• Horticulture sub-sector (5.31%)
• Smallholder plantation sub-sector (4.38%)
• Fisheries sub-sector (1.37%)

On the other hand, one sub-sector experienced a decrease in NTUP:

• Livestock sub-sector (-0.14%)