Furthermore, the research conducted by Suwaji and Hermanto (2019) entitled The Impact of Palm Oil Price Reduction on the Welfare of Farmers in Titian Resak Village, Seberida District, Indragiru Hulu Regency  , based on the results of research by Suwaji and Hermanto that the price of palm oil / FFB greatly affects the economy and welfare of farmers in Titian Resak Village. The price of FFB greatly affects the level of welfare of farmers so if the price of palm oil /FFB drops drastically, it will also have an impact on the level of welfare thatg drops drastically.
For 2022, with FFB prices continuing to decline, the level of the economy and welfare of oil palm farmers in Indonesia has also experienced a decline. As discussed above, palm oil farmers in 2022 as of June 2022 have suffered losses of up to IDR 50 trillion. Of course, the Rp50 trillion also illustrates the contribution of economic downturn and the welfare of oil palm farmers who are also threatened with decline.Â
FFB prices are very instrumental in the development and improvement of the economy and welfare of oil palm farmers, which is why the government to further consider policies that should make oil palm farmers happy is actually harsh in reality. It is noted that since the ban on palm oil exports nationwide in April 2022 has decreased.Â
According to data from GAPKI or the Indonesian Palm Oil Entrepreneurs Association (CNBC, 2022) stated that production only amounted to 16.46 million tons while only 8.38 million tons were exported. Compared far from last year's results, the production output was 51.3 million tons and the successful export was 34.23 million tons. The hope for the future is that the economy and welfare of oil palm farmers will increase, supported by government policies that canstrengthen oil palm farmers to be happy.
Conclusion
From the explanation above, it can be concluded that the price of FFB has a significant impact on the economy and welfare of oil palm farmers in Indonesia. So, currently, oil palm farmers are in a bad phase in terms of economyand welfare. If the economy of oil palm smallholders falls, such as declining incomes that are not in accordance with their efforts in caring for palm oil with good effort and hard work. Â Some of the things that caused the price of FFB to plummet were the government's policyof prohibiting the export of CPO, DMO and DPO on April 28, 2022.
 Although finally on May 23, 2022, the government reopened CPO exports, the price of FFB still fluctuated up and even often fell sharply. In June 2022, the price of FFB has again plummeted asthe economic level and the welfare of oil palm farmers are again threatened. The price of FFB, which is still unstable, is plannedby the government to still limit CPO sales so that the price of FFB is still falling up and down.
Suggestion
The government is expected to immediately overcome thepolem IK FFB prices that continue to decline every day. Learn from previous experiences about the decline in FFB prices which has greatly impacted the economy and the level of welfare of oil palm smallholders in Indonesia. For further research, researchers hope that further research will use quantitative methods to produce data in the form of numbers.
Bibliography
Pohan, Believer. 2015. The Impact of Palm Oil Price Reduction on the Welfare of Oil Palm Farmers on the East Coast of North Sumatra. Journal of Economic Sciences and Development Studies. 15(2). 128. Pdf. (retrieved June 28, 2022).
