Financial feasibility of sheep business through improvement of farmer business scale

Rusdiana, Supardi; Talib, Chalid; Praharani, Lisa; Herdiawan, Iwan; Amam, Amam

doi:10.1063/5.0124013

Cited by 5 publications

(6 citation statements)

References 15 publications

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“…The revenue of a business can be defined as the net profit obtained by subtracting its total expenses from its overall revenue. To assess revenue, it is crucial to consider two key factors: the status of expenses and income during a particular period [9] The formula for assessing income is as follows:…”

Section: Income Analysismentioning

confidence: 99%

A Business Feasibility and Income Analysis of Sheep in Smallholder Farms

Siregar,

Aulia

2023

IOP Conf. Ser.: Earth Environ. Sci.

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Sheep business in smallholder farms plays a vital role as a source of income. Livestock are used as savings for unexpected expenses. The purpose of this study calculate the feasibility of sheep in smallholder businesses. The research was conducted in Hamparan Perak District, Deli Serdang Regency. The sampling method used stratified sampling, the number of samples using the quota sampling method after dividing the three villages based on livestock population, namely the low population group (100 heads), the medium population group (800 heads), and the high population group (5000 heads). The data analysis method used descriptive, with the observed parameters being breeder characteristics, income, and financial feasibility. The results revealed that men dominated sheep farmers the majority were aged 41–50 and 51–60 years. The majority had a high school education and had small-scale businesses; had 5–10 years of farming experience. Farmer income can meet production costs so that the income is positive or profitable and has an R/C value > 1. When net BC and gross BC are greater than one, the BEP value is greater than zero, the NPV value is greater than zero or positive, the IRR value with 24, and the PP values are 50 months. The business project’s age makes it financially feasible

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Section: Income Analysismentioning

confidence: 99%

A Business Feasibility and Income Analysis of Sheep in Smallholder Farms

Siregar,

Aulia

2023

IOP Conf. Ser.: Earth Environ. Sci.

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“…There is one interesting thing about the smallholder beef cattle farming business in Indonesia [9,10], namely the development of livestock business which is rarely done by farmers as business actors. This condition is caused because in principle livestock ownership is a form of family savings, has not led to business orientation [11,12], because beef cattle farming business is not the main livelihood of the Indonesian people, but works as farmers who work every day on agricultural land or plantations [13,14], so that if there is an increase in livestock population, then the time used by farmers to find grass and animal feed will be more, and will certainly interfere with agricultural and plantation cultivation activities [15,16].…”

Section: Introductionmentioning

confidence: 99%

Formulating a Strategy for Development of Smallholder Beef Cattle Farming in Indonesia with the Force Field Analysis (FFA) Method

Amam,

Jadmiko,

Harsita

et al. 2024

BIO Web Conf.

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Beef cattle farming in Indonesia is dominated by smallholder farms with a micro scale, which is less than 5 (five) heads, traditionally raised with limited resources, but is sustainable. This study aims to formulate a strategy for the development of smallholder beef cattle farms. Research data was obtained by means of Focus Group Discussion (FGD), filling out questionnaires, and in-depth interviews with key speakers. Data analysis using Force Field Analysis (FFA) method which is based on driving factors (D) and inhibiting factors (H). The results of the study found that the driving factors for the development of smallholder beef cattle farming in Indonesia are consumption needs and market availability, government policies and institutional, social and cultural support of the community, availability of animal feed sources, availability of upstream and downstream industries, as well as regional carrying capacity and the use of appropriate technology, while the inhibiting factors for the development of smallholder beef cattle in Indonesia are unowned livestock Fully business-oriented, livestock cultivation is family savings, market access and long marketing chains, limited resource accessibility, poor reproductive management and low feeder availability, as well as weak protection of live cattle selling prices and tends to fluctuate. The conclusion of the study shows that the driving factor (D) has a smaller value when compared to the inhibiting factor (H), so the proposed policy recommendation is to revitalize government policies that support the development of the agribusiness sector (upstream, onfarm, and downstream) and agro-industry of smallholder beef cattle initiated by farmer institutions.

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“…Ironically, the people's beef cattle farming business in Indonesia is not their main job, but rather as rice farmers or plantation farmers, while owning beef cattle is a form of family savings [5,6]. This then becomes one of the main reasons for the low effort in developing the beef cattle farming business in Indonesia [7,8], because the more beef cattle are raised, the greater the allocation of time and energy of farmers to look for grass for animal feed, which will have an impact on their main job [9,10].…”

Section: Introductionmentioning

confidence: 99%

Driving Factors for Sustainable Livestock Development in Indonesia: Study on Beef Cattle Commodities

Amam,

Luthfi,

Prihatin

et al. 2024

BIO Web Conf.

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Driving factors for the development of smallholder beef cattle farming include consumption needs and market availability, government policies and institutional, social and cultural support from the community, availability of animal feed sources, availability of upstream and downstream industries, as well as regional carrying capacity and the use of appropriate technology. The aim of the research is to analyze the influence of driving factors on sustainable livestock development in beef cattle commodities. The research variables consist of driving factors (X) and the five dimensions of sustainable livestock development, namely the ecological dimension (Y1), the economical dimension (Y2), the social and cultural dimension (Y3), the institutional dimension (Y4), and the technological dimension (Y5). Research data was obtained by means of Focus Group Discussion (FGDs), filling in questionnaires, and interviews. The research respondents consisted of 60 small-scale beef cattle fattening farmers with ownership of 7-60 heads in Bondowoso District. Data were analyzed partially using simple linear regression with SPSS 26.0. The research results showed that driving factors had a positive and significant influence on sustainable livestock development, especially on the ecological dimension of 0.492, the economical dimension of 0.376, the social and cultural dimension of 0.327, and the institutional dimension of 0.442. The research conclusion shows that the driving factors for sustainable livestock development are worthy of the attention of all stakeholders in beef cattle livestock commodities, for example, in the ecological dimension, farmers are able to manage and process livestock waste to be used as plant fertilizer. In the economical dimension, farmers are able to play a role in increasing livestock business income. In the social and cultural dimensions, it is able to encourage the participation of family members in the livestock farming business. In the institutional dimension, farmers actively participate in livestock coaching and extension programs.

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Financial feasibility of sheep business through improvement of farmer business scale

Cited by 5 publications

References 15 publications

A Business Feasibility and Income Analysis of Sheep in Smallholder Farms

A Business Feasibility and Income Analysis of Sheep in Smallholder Farms

Formulating a Strategy for Development of Smallholder Beef Cattle Farming in Indonesia with the Force Field Analysis (FFA) Method

Driving Factors for Sustainable Livestock Development in Indonesia: Study on Beef Cattle Commodities

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