The West Sumatra Farmer's Exchange Rate (NTP) in May 2024 was recorded at 123.72 and the price of dry harvested grain at the farmer level fell by 1.23 percent.

Release Date	:	June 3, 2024
File Size	:	3.75 MB

Abstract

West Sumatra's NTP in May 2024 was 123.72 or an increase of 1.87 percent compared to the previous month's NTP. The increase in NTP was due to an increase in the Price Index Received by Farmers (It) which rose by 2.15 percent and the Price Index Paid by Farmers (Ib) by 0.27 percent.
The West Sumatra Agricultural Household Business Exchange Rate (NTUP) in May 2024 was 126.99 or an increase of 2.27 percent compared to the previous month's NTUP.
In May 2024, the NTP for each subsector was recorded at 103.96 for the food crops subsector (NTPP), 133.90 for the horticulture subsector (NTPH), 149.34 for the smallholder plantation crops subsector (NTPR), 110.55 for the livestock subsector ( NTPT), and 92.01 for the fisheries subsector (NTPN). The fisheries subsector is divided into two, namely the capture fisheries and aquaculture subsectors with NTP of 93.73 and 90.70 respectively.

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