ANALYSIS OF CATTLE FARMER EXCHANGE RATE (NTP-T) ANDTHE FACTORS THAT INFLUENCE IT IN SIDOARJO REGENCY

FarmerExchangeRate(NTP)isaproxyindicatororanindicatoroftheapproachto the welfare level of breeders. The welfare of breeders can illustrate the pur-chasing power of farmers. The purpose of this study 1) To determine the levelof welfare of cattle breeders and 2) To determine the effect of price index fac-tors paid by farmers on the price index received by cattle breeders.This studyuses NTP time series data with the base year 2012 = 100 as the basis for cal-culating the years 2018 - 2019. The location studied was determined by pur-posive sampling method in 5 districts in Sidoarjo Regency which are centers ofbeef cattle and dairy cows. The sample was selected by purposive random sam-pling as many as 75 cattle breeders. The NTP analysis method was carried outdescriptively and the analysis of the factors that inβluenced the NTP was carriedout using multiple linear regression. The results showed that the exchange rateof cattle farmers in Sidoarjo regency in 2019 increased by 1.81 percent from109.41 in 2018 to 111.21 in 2019. This shows that cattle breeders in Sidoarjodistrict are experiencing a surplus or prosperity. The production input priceindex which includes the price of seeds, feed, and labor wages that must bepaid by cattle breeders is a factor that has a signiβicant effect on the cattle priceindex received by breeders