Jakarta (The Indonesian News) – The welfare of Indonesian farmers continued to improve in October, with the Farmer Terms of Trade (NTP) climbing to a record high of 132.60, reflecting stronger prices for agricultural products relative to farmers’ expenses, the government said Monday.
Statistics Indonesia (BPS) reported that the NTP rose 1.13% from 131.11 in September 2026.
“The increase in the NTP occurred because the index of prices received by farmers rose 1.55%, outpacing the 0.41% increase in the index of prices paid by farmers,” said Ateng Hartono, BPS deputy for distribution and services statistics, at a news conference Monday, November 2, 2026.
Agriculture Minister Andi Amran Sulaiman said improving farmers’ welfare was a key part of the agricultural development agenda under President Prabowo Subianto and Vice President Gibran Rakabuming Raka.
“As President Prabowo has directed, sustainable food self-sufficiency must go hand in hand with improving farmers’ welfare. We want farmers to prosper, production to increase and the public to have access to food at stable prices,” Amran said.
Horticulture Leads Gains
Among agricultural subsectors, horticulture recorded the strongest improvement. Its NTP surged 6.88%, rising from 129.50 in September to 138.41 in October.
The increase was driven primarily by higher prices for red chili peppers, tomatoes and bird’s eye chilies, which contributed significantly to horticultural farmers’ income.
Prices received by horticultural farmers rose 7.12%, while the prices of goods and services they purchased increased by just 0.32%. The gap between the two growth rates helped horticulture record the largest NTP increase among the subsectors.
The food crops subsector also posted gains, with its NTP rising 1.07%, from 119.24 to 120.52. The NTP for smallholder plantation crops increased 0.30%, from 171.67 to 172.18.
The overall increase in the NTP indicates that prices received by farmers for their agricultural products are rising faster than their expenditures. The trend points to an improvement in farmers’ economic position and purchasing power.
Source: Press Release of the Government Communications Agency of the Republic of Indonesia (Bakom RI)
 climbing to a record high of 132.60,){kind=link}