Indonesian Political, Business & Finance News

East Java Farmers’ Terms of Trade Highest on Java

| Source: ANTARA_ID Translated from Indonesian | Agriculture
East Java Farmers’ Terms of Trade Highest on Java
Image: ANTARA_ID

Surabaya (ANTARA) – East Java’s Farmers’ Terms of Trade (NTP) reached 123.63 in October 2026, up 2.12 per cent from 121.07 in September, making it the highest on Java.

East Java Governor Khofifah Indar Parawansa said the rise was a positive signal for the ability of agricultural produce to meet farmers’ household needs and production costs.

“East Java’s Farmers’ Terms of Trade rising to 123.63 and ranking highest among Java’s five provinces is a positive signal for our agricultural economy,” she said in Surabaya on Wednesday.

“However, for us, the success of agricultural development cannot be measured solely by high production and productivity. Much more important is ensuring that every increase in production delivers greater economic value, strengthens purchasing power and improves the welfare of our farmers,” Khofifah added.

The figures indicate that prices received by farmers for their produce rose faster than the prices of goods and services they pay for household needs and production costs.

Among Java’s five provinces, East Java ranked first with an NTP of 123.63, followed by Central Java at 122.82, West Java at 121.91, Banten at 114.42 and the Special Region of Yogyakarta at 114.33.

East Java’s monthly increase of 2.12 per cent was also the highest. Central Java rose 1.65 per cent, West Java 1.14 per cent, the Special Region of Yogyakarta 0.44 per cent and Banten 0.35 per cent.

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