Heliyon (Apr 2024)
Fluctuations and disparity in broiler and carcass price before during and after covid-19 pandemic in Indonesia
Abstract
This study aims to analyze fluctuations and disparity in broiler and carcass prices before, during, and after COVID-19 pandemic in five broiler-producing regions in Indonesia, including North Sumatra, West Java, Central Java, East Java, and South Sulawesi. Weekly data series were used to analyze fluctuations and disparity before (2017–February 2020), during (March 2020–2022), and after (January–June 2023) COVID-19 pandemic. Furthermore, Coefficient of variation (CV) and convergence models were also used during the analysis. The results showed that broiler price fluctuations in the five study areas were categorized as “medium” before and during pandemic. After pandemic, the majority of the areas were in the “low” category, except for South Sulawesi province, where CV was 10.02%. Carcass price fluctuations were categorized as “low” and “moderate” before and during COVID-19 pandemic. After the viral outbreak, all the provinces investigated in this study were classified as “low”. This indicated that the variability in carcass price decreased across all provinces after pandemic. The coefficient value of β1 was less than 1 indicating that broiler and carcass price did not show significant disparity between regions at all periods. The primary drivers of fluctuations and disparity were related to production and availability factors, and the government played a role in maintaining stability in producing areas.