Riau Farmers' Welfare Level Highest Nationally in December 2021

Farmers in Riau province enjoy the highest welfare level nationally. This is reflected in the farmer exchange rate (NTP) which reached 152.18 in December 2021. Riau's NTP is higher than the national average of 108.34 and is the highest among the 33 other provinces.

Riau's NTP increased by 2.56% in December 2021 compared to the previous month. This was driven by the index received by farmers (It) increasing by 3.18% compared to the previous month, while the index of prices paid by farmers (Ib) only increased by 0.6%.

The provinces with the next highest welfare levels are Bengkulu, with an NTP of 143.93; West Kalimantan with an NTP of 143.61; Jambi with an NTP of 138.79; and Bangka Belitung Islands with an NTP of 135.93.

Central Kalimantan follows with an NTP of 131.07, then East Kalimantan with 129.93, West Sulawesi with 126.66, and North Sumatra and South Sumatra with NTPs of 125.95 and 113.15 respectively.

An NTP > 100 indicates that farmers experienced a surplus from the beginning of the index calculation, namely 2018=100. The index of prices received by farmers (It) is greater than the index of prices paid by farmers (Ib).