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Journal : Sriwijaya Journal of Agribusiness and Biometrics in Agriculture Research

Analysis of Financial Feasibility of Farming and Vegetable Marketing StrategyHydroponics at the Jambi Hydroponics Family Karina, Fellicia Shakita; Husin, Laila
Sriwijaya Journal of Agribusiness and Biometrics in Agriculture Research Vol 2 No 2 (2022): November - April 2023
Publisher : Departement of Socio-Economic Agricuture, Faculty of Agriculture

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.5713/.v2i2.50

Abstract

The objectives of this research are: (1) to describe the hydroponic cultivation method and supply network of input spply in Family Hidroponik Jambi, 2) to analyze the income and financial feasibility of hydroponic vegetable business in Family Hidroponik Jambi, 3) to describe marketing strategies that implemented by Family Hidroponik Jambi. This research was conducted at Family Hidroponik Jambi which is located at Haji Adam Malik Street, Thehok, Jambi Selatan, Jambi City. This location selection is done purposively or intentionally. Data collection was carried out in February 2022. The research method used in this study was the case study method. Sampling samples in this research were the owners of hydroponic vegetables in Family Hidroponik Jambi. The selection of samples used by purposive sampling method or intentionally with the consideration that the scale of the farm has long been established, is economical, has partners and has a fixed market, making it easier for researchers to collect the information needed during the study. Family Hidroponik Jambi was used as a source of data in preparing the financial feasibility of Family Hidroponik Jambi vegetable business. For discussion, other supporting sources and libraries are also used as references. The results showed that (1) the production inputs needed in the procurement of raw materials for the Family Hidroponik Jambi hydrponic vegetable business were seeds, rockwool and nutrients obtained from the Abadi Jaya Tani Company. Hydroponic cultivation includes preparation of planting media, seeding, planting, care and harvesting, (2) the financial feasibility of Family Hidroponik Jambi vegetable business is declared feasible to be cultivated with a projected age of 10 years based on the NPV value is Rp89.567.673, Net B/C is 1.1, Gross B/C is 1.8, Payback Periode value is 2.8, IRR is 64.8 percent which is more than the interest rate, and sensitivity analysis on sales volume if there is a decrease in the amount of vegetable production by 7.21 percent hydroponic vegetable business in Family Hydroponics Jambi is still declared feasible, (3) the hydroponic vegetable business at Family Hidroponik Jambi is implementing 5P marketing strategy that is product strategy, price strategy, promotion strategy, place strategy and participant strategy
Impact of Flood on Rice Business Income in Ibul Besar I Village Pemulutan District Ogan Ilir Regency Hakita Karina, Fellicia; Husin, Laila
Sriwijaya Journal of Agribusiness and Biometrics in Agriculture Research Vol 2 No 2 (2022): November - April 2023
Publisher : Departement of Socio-Economic Agricuture, Faculty of Agriculture

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.5713/.v2i2.53

Abstract

The flood disaster that occurred became a problem in Ibul Besar Village I, Pemulutan District, Ogan Ilir Regency. With this flood, it can have an influence on cropping patterns and agricultural production costs so that it affects agricultural yields and the income of rice farmers whose rice farms are affected by flooding when there are plants. This study aims to (1) identify the conditions, causes, and problems of flooding experienced by rice farmers in Ibul Besar I Village, (2) Analyze the amount of income of rice farmers before and during the flood in Ibul Besar I Village, (3) Analyze the impact of flooding on the income of rice farmers in Ibul Besar Village I. This research was carried out in Ibul Besar I Village. The location of this research was determined purposively by considering that Ibul Besar I Village is an area experiencing flooding. The time of data collection and collection in the field was carried out in July 2022. The research method used was a survey method and the sampling method used in this study was simple random sampling with 30 samples considered homogeneous with the criteria of rice farmers whose land was flooded. The results showed that (1) Flood conditions in Ibul Besar I Village occurred 2 times in one year, namely the first flood in the month 2 times in one year. The first flood occurred in April with a height of 50 cm. The second flood occurred in November with a height of 60-100 cm. Floods that occur are caused by the influence of tidal water in the river, high rainfall, and malfunctioning of the floodgates. The problems faced by farmers are crop failure, delays in cropping and harvesting schedules and the occurrence of crop failure, (2) The average income received by farmers before the flood was Rp. 11,526,466.67/lg/year while the average income of farmers after the flood amounting to Rp9,886,800/lg/year. The magnitude of the difference in income between rice farmers before and after the flood was Rp. 1,639,666.67/lg/year, (3) The impact of flooding on farmers income in Ibul Besar I Village, seen from the five indicators, it was found that 68% of the livelihood indicators had an effect on their livelihoods and 32% had no effect on their livelihoods. Farming indicators 38% have an effect on farming and 62% have no effect on farming. The 39% productivity indicator has an effect on productivity and 61% has no effect on productivity. The expenditure indicator 73% has an effect on the expenditure and 27% has no effect on the expenditure. The welfare indicator 67% has an effect on their welfare and 33% has no effect on their welfare.