Modeling Price Volatility and Supply Response of Beef in Indonesia

Komalawati, Komalawati; Asmarantaka, Ratna Winandi; Nurmalina, Rita; Hakim, Dedi Budiman

doi:10.5398/tasj.2019.42.2.159

Cited by 15 publications

(9 citation statements)

References 12 publications

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“…Of Table 2, the typology of organization such as shapes, law status, types, roles, effect importance, even threat and turn-back effect will induce the rate and acceleration of each actor including livestock emission (Mariantonietta et al, 2017;Cardoso et al, 2016), forage management (Zanten et al, 2016) and price uncertainty (Asmarantaka et al, 2019). Internal and external warning should be addressed to avoid turn back effect.…”

Section: Discussionmentioning

confidence: 99%

Strategic stakeholders’ typology and mapping using stakeholder network analyses on integrated crops-livestock farming systems in West New Guinea

Iyai

Widayati

Fatem

et al. 2020

Preprint

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AbstractStakeholders and its network play prominent roles in development particularly agriculture sector. The involvement of many stakeholders and other parties shaped how farms can sustain in terms of economic, social and environment indicators. Exploring the importance and roles of actors become strategic and vital to recognize. Study was done in Manokwari using focus group discussion towards twenty various represented individuals, groups and mass institutions. The queries discussed concerning background, resources delivery, interconnectivity amongst actors, intervention and innovation. The finding is that the stakeholders in mixed crop-livestock are dominated by individuals’ actors who privately manage the farms officially has laws. These actors are commonly act like stakeholders who are positively important ruled the farms. The threats are real and exist and should be lowering as much as possible to mitigate the turn-back effect. The top five shared resources are access, satisfaction, power, knowledge and time allocation. Those resources will stay longer to sustain strong needs of the farms. The relationship of actors is dominated by positive similarity and the ranges of correlation are varying in between negative, neutral to positive. This is due to actors reluctant to deliver the intervention and innovation. Actors with low interest and low power should then be promote to high interest and power by using aids, guidance and services from each actor in mixed crop-livestock farms business.

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Section: Discussionmentioning

confidence: 99%

Strategic stakeholders’ typology and mapping using stakeholder network analyses on integrated crops-livestock farming systems in West New Guinea

Iyai

Widayati

Fatem

et al. 2020

Preprint

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“…It depends on the number of imported feeder cattle. Furthermore, Komalawati et al (2019), found that the volatility of beef prices in Indonesia was found to be low and persistent in the long run. Price uncertainty has a negative effect on Indonesian beef production.…”

Section: Procurement Of Bx Cattlementioning

confidence: 99%

Evaluating Current Increased Price and Fattening Cost of BX Cattle with ESCAS Cost on Slaughtered Cattle Price and their Welfare

2023

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The Australian Brahman Cross (BX) cattle industry is very modern. They have created a comprehensive system guided by the principles of animal welfare. The importation of BX cattle by companies in Indonesia will be bound by the Exporter Supply Chain Assurance System (ESCAS) regulations. This study aimed to evaluate the current increased price and fattening cost of feeder Brahman Cross (BX) cattle along with ESCAS additional cost on the price of slaughtered cattle and their welfare. Based on the results, the animal welfare assessment in the feedlot for 120 days were considered good, with the average value in the first month 86.40%, then in the second month 88.50%, in the third month 92.14%, and the fourth month 94.29%. Based on the calculations result of the Activity Based Costing (ABC) method in each supply chain, it is known that procurement costs, including the purchase of feeders, contributed to 94,0% of the total costs, while other costs were handling costs 2.70%, cost of ESCAS 1.56%, selling cost 1.52%, and the lowest, maintenance cost 0.24%. Therefore, to fatten Australian BX cattle, special strategies are needed, such as: optimizing stock in the feedlot; efficiency cost in feed ingredients without reducing quality; applying animal welfare rules to minimize handling costs and selecting vendors who want the lower price in providing ESCAS support facilities and establishing regular maintenance of the ESCAS supporting tools.

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“…Analisis transmisi harga daging sapi yang menjadi tujuan kedua dari penelitian ditujukan untuk mengetahui apakah perubahan harga yang terjadi di Pasar DKI Jakarta atau sentra konsumen akan berpengaruh terhadap pasar lainnya di sentra produsen Jawa Barat, Jawa Tengah, dan Jawa Timur. (Dewi et al, 2017Komalawati et al, 2018. Hasil analisis tersebut membuktikan bahwa DKI Jakarta sebagai sentra konsumen memang menjadi pasar acuan bagi pasar daging sapi di Indonesia (Zainuddin et al, 2015a…”

Section: Transmisi Harga Daging Sapiunclassified

Volatilitas Dan Transmisi Harga Daging Sapi Di Indonesia: Studi Kasus Di Jakarta, Bandung, Semarang Dan Surabaya

Komalawati¹,

Asmarantaka

Nurmalina

et al. 2021

BILP

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Abstrak Daging sapi merupakan salah satu komoditas strategis dengan harga yang cukup berfluktuasi. Fluktuasi harga daging sapi dapat berpengaruh terhadap produsen, konsumen, dan industri pengolahan daging sapi skala kecil. Besarnya perubahan harga daging sapi yang terjadi di suatu pasar dapat memengaruhi pasar lainnya dan dapat digunakan untuk mengetahui kekuatan suatu pasar. Kajian ini bertujuan untuk mengkaji volatilitas dan transmisi harga daging sapi di sentra konsumen Jakarta dan sentra produsen Bandung, Semarang dan Surabaya. Data yang digunakan adalah data harian daging sapi. Volatilitas harga harian daging sapi dianalisis dengan menggunakan model GARCH dan transmisi harga dikaji dengan menggunakan model VAR/VECM. Hasil kajian menunjukkan bahwa hanya harga daging sapi Jakarta yang memiliki volatilitas rendah namun persisten dalam jangka panjang. Perubahan harga daging sapi ditransmisikan dua arah dari Jakarta ke Bandung dan Semarang, dan hanya searah dari Jakarta ke Surabaya. Hasil analisis menunjukkan bahwa upaya stabilisasi harga daging sapi dapat dilakukan dengan menjaga ketersediaan daging sapi baik melalui impor (jangka pendek dan menengah) maupun upaya penyediaan bibit sapi dan sapi potong lokal dalam jangka panjang. Iklim usaha daging sapi yang kompetitif juga diperlukan agar ketidaksesuaian perubahan harga antar pasar dapat dikurangi. Kata Kunci: Daging Sapi, Volatilitas, GARCH, Vector Auto Regression, Stabilisasi Harga Abstract Beef is one of the strategic commodities with fairly fluctuating prices. Fluctuations in beef prices could affect producers, consumers, and small-scale beef processing industries. The magnitude of changes in beef prices that occur in a market could affect other markets and could be used to determine the strength of a market. The purpose of this paper is to examine the volatility and transmission of beef prices in the consumer centers of Jakarta and the production centers of Bandung, Semarang and Surabaya. The data used is the daily data of beef. Daily price volatility of beef was analyzed using the GARCH model and price transmission was assessed using the VAR/VECM model. The results of the study show that only Jakarta beef prices have low volatility but are persistent in the long term. Changes in beef prices are transmitted in two directions from Jakarta to Bandung and Semarang, and only in one direction from Jakarta to Surabaya. The results of the analysis show that efforts to stabilize beef prices could be carried out by maintaining the availability of beef either through import (short and medium term) or efforts to provide cattle seeds and local beef cattle in the long term. A competitive beef business climate is also needed so that discrepancies in price changes between markets could be reduced. Keywords: Beef, Volatility, GARCH, Vector Auto Regression, Price Stabilisation JEL Classification: F12, F13, F15

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Modeling Price Volatility and Supply Response of Beef in Indonesia

Cited by 15 publications

References 12 publications

Strategic stakeholders’ typology and mapping using stakeholder network analyses on integrated crops-livestock farming systems in West New Guinea

Strategic stakeholders’ typology and mapping using stakeholder network analyses on integrated crops-livestock farming systems in West New Guinea

Evaluating Current Increased Price and Fattening Cost of BX Cattle with ESCAS Cost on Slaughtered Cattle Price and their Welfare

Volatilitas Dan Transmisi Harga Daging Sapi Di Indonesia: Studi Kasus Di Jakarta, Bandung, Semarang Dan Surabaya

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