Indonesia's farmer purchasing power hits record, minister saysJakarta (ANTARA) - Indonesia’s farmer purchasing power reached a record in July, with the Farmer Terms of Trade (NTP) rising to 127.84, Agriculture Minister Andi Amran Sulaiman said Tuesday, citing Statistics Indonesia.Amran said the July reading was the highest since Indonesia gained independence, underscoring gains from government policies targeting farm costs, productivity and income protection.NTP measures farmers’ purchasing power by comparing prices they receive with prices paid for household consumption and agricultural production. “Food self-sufficiency must bring prosperity to farmers. 6 of 2025 simplified management to help farmers receive fertilizer faster and more efficiently.The government also cut subsidized fertilizer price ceilings by about 20 percent. “President Prabowo assigned us to achieve food self-sufficiency as soon as possible. “All of these efforts are reflected in the July 2026 Farmer Terms of Trade, which reached the highest level in Indonesia’s history,” Amran said.