Analysis of Cocoa Exchange Rates in Blitar Regency

Departement Agribusiness, Upn “Veteran” Jawa Timur, Indonesia ,Pawana Nur Indah

doi:10.47191/jefms/v4-i12-19

Departement Agribusiness, Upn “Veteran” Jawa Timur, Indonesia , Pawana Nur Indah

Open Access

https://doi.org/10.47191/jefms/v4-i12-19

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Abstract

Farmer's Exchange Rate (NTP) is a proxy indicator or indicator of the approach to the level of farmer welfare. The welfare of farmers can describe the purchasing power of farmers. The purpose of this study was to determine the level of welfare of cocoa farmers. This study used time series data from NTP with the base year of 2012 = 100 as the basis for calculating the years 2019 - 2020. The location of the study was determined by the purposive sampling method in The Blitar Regency which is the center of Cocoa. The sample was selected by purposive random sampling as many as 60 Cocoa Farmers. The NTP analysis method was carried out descriptively. The results showed that the exchange rate of Cocoa Farmers in 2020 increased by 1.20 percent from 100.54 in 2019 to 101.75 in 2019. This indicates that cocoa farmers in The Blitar district are experiencing a surplus or prosperity.

Highlights

Development in all fields is the direction and goal of government policy
The results showed that the exchange rate of Cocoa Farmers in 2020 increased by 1.20 percent from 100.54 in 2019 to 101.75 in 2019
The social nature of development itself is one of the efforts to increase welfare, given that most of Indonesia's population comes from rural areas and the average livelihood is in the agricultural sector, it is highly expected that the agricultural sector will become a growth driver that can increase farmers' income in order to achieve farmer welfare and able to eradicate poverty

Summary

Introduction

Development in all fields is the direction and goal of government policy. National development activities basically aim to improve people's welfare. National development cannot be separated from several supporting factors, one of which is the agricultural sector [1]. The agricultural business sector itself consists of several sectors, one of which is the plantation sector which needs attention to improve the welfare of farmers [2]. Cocoa farmers switch to other commodities which cause a decrease in people's cocoa area [3]

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