Farmer’s Term of Trade (FTT) March 2022 of 99.03, down 1.70 percent from the previous month. The average price of GKG quality grain at the Farmer Level is IDR 4,787 per Kg. Daily Nominal Wage for Agricultural Workers in Banten Province in March 2022 is Rp. 66,951,-

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Release Date	:	April 1, 2022
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Abstract

Banten's FTT in March 2022 was 99.03, a decrease of 1.70 percent from the FTT of the previous month. This is due to a decrease in the Price Index Received by Farmers (It) by 1.21 percent and an increase in the Price Index Paid by Farmers (Ib) by 0.49 percent.
In March 2022, there was an increase in the Household Consumption Index in Banten Province by 0.58 percent. The increase in the Household Consumption Index occurred in seven expenditure groups, namely the Food, Beverage and Tobacco Group; Health; Personal Care and Other Services; Equipment, Equipment and Routine Household Maintenance; Housing, Water, Electricity, and Household Fuel; Transportation; Clothing and Footwear. Meanwhile, other expenditure groups did not experience significant changes.
The Banten Agricultural Business Exchange Rate (NTUP) in March 2022 was 99.43, down 1.44 percent compared to the previous month's NTUP.
The price of grain at the farm level in March 2022 experienced a decrease in the quality of milled dry grain by 2.43 percent. Meanwhile, 2 other qualities experienced an increase, namely Harvested Dry Unhulled Rice (GKP) by 1.84 percent and Low Quality Unhulled Rice by 4.94 percent.
The average price of grain in March 2022 at the farmer level with GKG quality is Rp. 4.787,-, GKP Rp. 4.201,- and Low Quality Rp. 3,672, - per Kg. For the quality of GKG, the highest price is Rp. 5.200,- on Ciherang variety and the lowest price is Rp. 4.500,- on the Ciherang variety.
The nominal wage of farm laborers in March 2022 is Rp. 66,951,- per day, up 0.10 percent from the previous month. Meanwhile, in real terms, it decreased by 0.47 percent, from Rp. 59,815, - to Rp. 59,533, - per day.

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The March 2023 Farmers Term Of Trade (FTT) Was 102.47, Down 1.67 Percent From The Previous Month. The Average Price Of GKG Quality Grain At The Farmer Level Is IDR 5,103 Per Kg. Banten Provincial Farm Workers Daily Nominal Wages In March 2023 Of IDR 68,449

The February 2023 Farmers Term Of Trade (FTT) Was 104.20, Up 1.09 Percent From The Previous Month. The Average Price Of GKG Quality Grain At The Farmer Level Is IDR 5,563 Per Kg. Banten Province Farmer Daily Nominal Wages For February 2023 Is IDR 68,340.

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