Russian Journal of Agricultural and Socio-Economic Sciences (Jun 2023)

THE ECONOMIC EFFICIENCY OF PROBIO_FM TECHNOLOGY: A CASE STUDY OF BALI CATTLE BUSINESS IN CV. DUA AGRIMANDIRI

  • Basri L.T.,
  • Ulfa F.P.,
  • Ningsih G.,
  • Astuti R.P.

DOI
https://doi.org/10.18551/rjoas.2023-06.21
Journal volume & issue
Vol. 138, no. 6
pp. 158 – 162

Abstract

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The potential business the cattle in Bangka Belitung Islands are continuously developing. The need for beef depends upon the external supply from other provinces. The endeavor on the competency of the livestock farmers in feed management has been applied by utilizing the technology of Probio_FM. The objective of the study is to analyze the economic efficiency of the use of Probio_FM technology on feed. The case study was implemented on the business development of the Bali cattle in CV. Dua Agri Mandiri (DAM). Microsoft Excel was used to process the data. Input-output ratio analysis was employed to compare the cost of feed use and the value of produced product using the indicator of body weight gain of livestock times with the livestock price. The study discovered that the use of input on Probio_FM on the feed was economically efficient with 0.55 on average, 0.85 as the highest, and 0.22 as the lowest. The use feed of CV. Dua Agri Mandiri was considered optimal, and the provided feed has fulfilled the quality and quantity.

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