AGRIWANA: Jurnal Pertanian dan Kehutanan
Vol 4 No 1 (2026): Agriwana Jurnal Pertanian dan Kehutanan

ANALISIS PERBANDINGAN KELAYAKAN INVESTASI USAHA PERTANIAN TANAMAN PANGAN DI INDONESIA: STUDI LITERATUR PADI SAWAH, PADI ORGANIK, DAN SAYURAN

Rahmad Akbar (Program Studi Agroteknologi Sekolah Tinggi Ilmu Pertanian Sriwigama)
Reza Aulia Akbar (Program Studi Agribisnis Sekolah Tinggi Ilmu Pertanian Sriwigama)
Iwan Setiawan (Program Studi Ilmu Kehutanan Sekolah Tinggi Ilmu Pertanian Sriwigama Palembang)



Article Info

Publish Date
01 Jun 2026

Abstract

Investment feasibility is central to farm continuity because production success does not automatically ensure adequate returns on capital. This study compares the financial feasibility of three Indonesian food-crop farming cases: conventional lowland rice, organic rice, and vegetable farming. A descriptive-comparative literature review was conducted using three primary studies, while peer-reviewed publications from 2021-2025 were used to strengthen interpretation. The extracted variables included business scale, initial investment or production cost, analysis horizon, discount rate, and the reported values of Net Present Value (NPV), Benefit-Cost Ratio (BCR), Revenue-Cost Ratio (R/C), Profitability Ratio (PR), Break-Even Point (BEP), Internal Rate of Return (IRR), and Payback Period (PP). All three cases were reported as financially feasible. The lowland-rice case reported an NPV of IDR 8.205 billion, BCR of 39.16, PR of 39.61, and PP of 1.54 months; the organic-rice case reported an R/C of 2.96, production BEP of 2,208 kg, and PP of 3.5 months; and the vegetable case reported an NPV of IDR 27.166 million, IRR of 36.1%, and PP of 2.28 months. However, these figures cannot be ranked directly because the studies used different scales, time horizons, discounting procedures, and cash-flow bases. The main conclusion is that methodological heterogeneity, rather than commodity characteristics alone, explains much of the variation in feasibility values. Future evaluations should apply comparable net-cash-flow definitions, combine discounted and non-discounted criteria, and include sensitivity scenarios for yield, output price, and production cost.

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Journal Info

Abbrev

agriwana

Publisher

Subject

Agriculture, Biological Sciences & Forestry Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Environmental Science Immunology & microbiology

Description

Jurnal AGRIWANA adalah jurnal ilmiah dengan no e-ISNN : 3031-237X memuat artikel hasil penelitian tentang displin ilmu pertanian dan kehutanan dengan ruang lingkup Sosial Ekonomi Pertanian, Agroteknologi dan Ilmu Kehutanan . Jurnal AGRIWANA yang dikelola oleh STIPER SRIWIGAMA Palembang dengan priode ...