The Study of Economic Factors Affecting Sustainability of Rice Farming

DOI

10.2991/absr.k.210609.080How to use a DOI?

Keywords

Economic factors, farm sustainability, lowland rice

Abstract

The study of economic factors affecting sustainability of rice farming was conducted from January to September 2018 in Siak Regency. This study aimed to identify economic factors that affect the sustainability of rice farming in Siak Regency. The number of respondents in this study was 203 farmers, determined by a margin of error of 7% of the total population of agricultural households. The economic parameters observed in this study were the availability of farmersʼ capital, availability of production facilities, price of unhulled rice, agrotourism potential, economic efficiency, and farmersʼ income level. The results showed that the availability of farmers’ capital (59.11%) was categorized as still lacking capital. Seed production facilities, fertilizers, and agricultural equipment are available following what is needed by farmers, except for the price of pesticides. The price of unhulled rice in Siak Regency is around Rp.4,500-Rp.4,700/kg, already above the Government Purchase Price of Rp.3,700-Rp.4,070/kg. Agrotourism objects that are becoming a trend and are currently in demand are a race using a tractor, a race to catch mice in the paddy fields before the rice is planted, a soccer match in the muddy fields after the fields are plowed and a competition to plant and harvest rice, both manually and using machines. Rice farming activities in Siak Regency are economically feasible to continue and profitable with 2.49-2.72Revenue Cost Ratio and 1.49-1.72 Benefit Cost Ratio.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Rachmiwati Yusuf
AU  - Indra Fuadi
AU  - Nurhayati
AU  - Sri Swastika
AU  - Parlin H Sinaga
PY  - 2021
DA  - 2021/06/11
TI  - The Study of Economic Factors Affecting Sustainability of Rice Farming
BT  - Proceedings of the International Seminar on Promoting Local Resources for Sustainable Agriculture and Development (ISPLRSAD 2020)
PB  - Atlantis Press
SP  - 533
EP  - 540
SN  - 2468-5747
UR  - https://doi.org/10.2991/absr.k.210609.080
DO  - 10.2991/absr.k.210609.080
ID  - Yusuf2021
ER  -