Sriwijaya Journal of Agribusiness and Biometrics in Agriculture Research
Vol. 4 No. 1 (2024): Januari 2024 - Juni 2024

The Feasibility And Financial Analysis Of Broiler Chicken Farming At Pt Semesta Mitra Sejahtera (A Case Study at Ir. John Isman's Farm, Pelempang Village, Kelekar District, Muara Enim Regency, South Sumatra Province): Analisis Kelayakan Usaha dan Finansial Peternakan Ayam Broiler di PT Semesta Mitra Sejahtera (Studi Kasus: Peternakan Ir John Isman, Desa Pelempang, Kecamatan Kelekar, Kabupaten Muara Enim, Provinsi Sumatera Selatan)

Pakpahan, Elizabeth Octa (Unknown)
., Yulius (Unknown)



Article Info

Publish Date
17 Jul 2024

Abstract

Broiler chicken farming, a widely embraced agribusiness venture, was recognized for its substantial business value within the community. The research aimed to achieve the following objectives: (1) Evaluate the total expenses incurred by the farmer and establish the feasibility and financial viability of Ir John Isman's broiler chicken farm; (2) Compute the payback period for the investment costs borne by the farmer; (3) Assess the sensitivity of the broiler chicken farm's feasibility in the face of reduced production and chicken prices. Conducted at Ir John Isman's Broiler Chicken Farm in Pelempang Village, Kelekar District, Muara Enim Regency, South Sumatra Province, the research employed a case study method. Primary data was gathered through direct interviews, supplemented by secondary data from literature and other relevant sources. The research findings were as follows: (1) Ir John Isman's Broiler Chicken Farm met comprehensive criteria in feasibility and financial analysis, with an NPV of Rp 11.361.868.688, Net B/C of 2,98, IRR of 32,66%, and a Payback Period of 3,8 years or equivalent to 19 production periods; (2) Sensitivity analysis revealed that Ir John Isman's Broiler Chicken Farm was highly responsive to reduced production and selling prices. Calculations demonstrated that an 9% decrease rendered the farm non-compliant with the criteria for feasibility and financial viability. Keywords: broiler chicken farm and feasibility analysis

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Journal Info

Abbrev

SriJAB

Publisher

Subject

Agriculture, Biological Sciences & Forestry Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Social Sciences

Description

Sriwijaya Journal of Agribusiness and Biometrics in Agriculture Research adalah jurnal ilmiah berkala dan dikhususkan untuk menerbitkan artikel penelitian asli tentang agribisnis, biometrika pertanian, agripreneurship, ekonomi pertanian, dan pembangunan pedesaan. SriJAB diterbitkan dua kali setahun ...