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February 2021, Sulawesi Barat Farmers’ Term of Trade at 116.67. Down 0.21% compared to January 2021

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Release Date	:	March 1, 2021
File Size	:	0.29 MB

Abstract

• From January 2020 to amend the base year in calculating the Index Received by Farmers (It) and the Prices Paid Index Farmers (Ib) of the base year 2012 = 100 to the base year 2018 = 100. Both types of the index is a component in the calculation of Farmer (NTP). Changes in the base year is done to adapt to the changing patterns of production, costs of production, and consumption of agricultural households in rural areas. In the base year 2018 = 100 increased coverage of commodities either on the package or Ib commodity It compared with base year 2012 = 100.

• NTP is a comparison against lb. It used to demonstrate the power exchange (terms of trade) of agricultural products with the goods and services consumed as well as to the cost of production. The higher the NTP, in relative terms the stronger levels of ability / farmers' purchasing power.

• NTP Sulawesi Barat in February 2021 at 116.67, down 0.21 percent compared to January 2021. The decline NTP NTP caused It rose by 0.34 percent and Ib rose by 0.56 percent.

• NTP by subsector recorded for food crops subsector (NTP-P) 101.83; Horticulture Subsector (NTP-H) 109.31; Smallholder Crop Subsector (NTP-R) 131.58; Livestock Subsector (NTP-T) 97.16; and Fisheries Subsector (NTN) 103.31.

• For a national scale, NTP Month February 2021 amounted to 103.10; down 0.15 percent compared to January, and changes in household consumption index by 0.17 percent.

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