The development of grain prices in October 2023

The development of the farmer exchange rate in September 2023 increased by 0.89% with an index value of 114.45. If we look by subsector, the NTP for the food crops subsector in October increased by 1.55%, for the horticulture subsector it increased by 2 .09%, for the smallholder plantation crops subsector it rose by 0.40%, and the aquaculture subsector rose by 0.24%. Meanwhile, several subsectors experienced a decline in the NTP index, namely the livestock subsector which fell 0.38% and the capture fisheries subsector fell 0.16%. So that the overall NTP for Lampung province in October 2023 will increase by 0.89%.

The development of grain prices in October 2023 in Lampung Province for dry grain harvested, the average value at the farmer level increased by 4.50% from IDR 6,377 per kg to IDR 6,664 per kg. Furthermore, if we look at developments in the price of rice at the mill, the price of premium rice in October 2023 will be IDR 13,188 per kg, an increase of 0.80% compared to September 2023.