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Development of Farmers Term of Trade and Grain Price in Banten Province in September 2024

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Release Date	:	October 1, 2024
File Size	:	2.34 MB

Abstract

Banten FTT in September 2024 was 109.29, an increase of 0.38 percent from the previous month's FTT. This was due to an decrease in the Price Index Received by Farmers (It) by 0.18 percent and the Price Index Paid by Farmers (Ib) by 0.55 percent.
In September 2024, there was a decrease in the Household Consumption Index in Banten Province by 0.71 percent. The decrease in the Household Consumption Index occurred in three expenditure groups, namely Food, Beverages and Tobacco; Transportation; and Housing, Water, Electricity and Household Fuel. Meanwhile, the increase in the Household Consumption Index occurred in six expenditure groups, namely Personal Care and Other Services; Provision of Food and Beverages/Restaurants; Household Equipment, Equipment and Routine Maintenance; Clothing and Footwear; Recreation, Sports, and Culture; and Health. Meanwhile, the Information, Communication, and Financial Services expenditure groups; and Education did not experience significant changes.
Banten Agricultural Household Business Exchange Rate (NTUP) for September 2024 was 113.88 or decreased by 0.13 percent compared to the previous month's NTUP.
The price of grain at the farmer level in September 2024 experienced a decrease in the quality of Dried Unhusked Grain (GKG) by 0.86 percent and a decrease in the quality of Dried Harvested Grain (GKP) by 1.27 percent.
The average price of grain in September 2024 at the farmer level for GKG quality grain IDR6,665, and GKP IDR6,151 per kg. For GKG quality, the highest price was IDR7,100 for the Ciherang variety, and the lowest price was IDR6,000 for the Ciherang variety.

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