{
    "success": true,
    "data": {
        "id": 1581290,
        "msgid": "bps-farmers-exchange-rate-rises-income-increases-1772450277",
        "date": "2026-03-02 16:10:00",
        "title": "BPS: Farmers' Exchange Rate Rises, Income Increases",
        "author": "Erlangga Djumena",
        "source": "KOMPAS",
        "tags": "",
        "topic": "Economy",
        "summary": "Indonesia's Farmers' Exchange Rate (NTP) reached 125.45 per cent in February 2026, up 1.5 per cent from January, driven by a 2.17 per cent increase in prices received by farmers outpacing the 0.65 per cent rise in production costs. The index serves as a key indicator of farmers' welfare, with rice prices rising at the wholesale and retail levels whilst falling at the milling stage.",
        "content": "<p>JAKARTA - The Central Bureau of Statistics (BPS) reported that the\nFarmers\u2019 Exchange Rate (NTP) in February reached 125.45 per cent, up 1.5\nper cent compared to January.<\/p>\n<p>According to Ateng Hartono, Deputy in Charge of Distribution and\nServices at BPS, the increase was driven by the Index of Prices Received\nby Farmers (IT) rising 2.17 per cent.<\/p>\n<p>\u201cThis remains higher compared to the Index of Prices Paid by Farmers\n(Ib), which rose 0.65 per cent,\u201d Ateng stated at a press conference at\nBPS headquarters in Jakarta on Monday, 2 March 2026.<\/p>\n<p>The NTP serves as a key indicator used to measure the welfare level\nof farmers.<\/p>\n<p>Beyond the increase in the margin between income and production\ncosts, BPS also recorded that the national average rice price at\nwholesale and retail levels rose 0.45 per cent and 0.43 per cent\nrespectively.<\/p>\n<p>\u201cMeanwhile, the average rice price at the milling level fell 0.33 per\ncent,\u201d Ateng said.<\/p>\n<p>The NTP is inherently volatile. The index fell 1.4 per cent from\n125.35 in December 2025 to 123.6 in January 2026. This decline occurred\neven as rice prices rose.<\/p>\n<p>At that time, rice prices at the milling level rose 0.75 per cent\nmonth-on-month, whilst wholesale prices increased 0.40 per cent and\nretail prices rose 0.16 per cent.<\/p>\n<p>Currently, rice farmers are facing the main harvest season. The\nCoordinating Minister for Food Affairs, Zulkifli Hasan, stated that this\nyear\u2019s main harvest season started earlier than in 2025.<\/p>\n<p>The harvest season began in February, continuing through March and\ninto April. As a result, he requested that Perum Bulog ensure readiness\nto absorb 4 million tonnes of Government Rice Reserve (CBP) in 2026.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bps-farmers-exchange-rate-rises-income-increases-1772450277",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}