Risk Management Strategies of Pig Farmers in Managing Production Challenges and Market Fluctuations

I Putu Gede Didik Widiarta; Cori Qamara; Ananda Putra Agung; Qurratu Aini; Amalina Nur Wahyuningtyas; Dinar Anindyasari

doi:10.55927/ijbae.v4i2.11

Authors

I Putu Gede Didik Widiarta Department of Animal Science, Faculty of Agriculture, Mulawarman University
Cori Qamara Department of Animal Science, Faculty of Agriculture, Mulawarman University
Ananda Putra Agung Department of Agribusiness, Faculty of Agriculture, Mulawarman University
Qurratu Aini Department of Agribusiness, Faculty of Agriculture, Mulawarman University
Amalina Nur Wahyuningtyas Department of Animal Science, Faculty of Agriculture, Mulawarman University
Dinar Anindyasari Department of Animal Science, Faculty of Agriculture, Mulawarman University

DOI:

https://doi.org/10.55927/ijbae.v4i2.11

Keywords:

Risk Management, Pig Farming, Production Challenges, Market Fluctuations, Socio-Ecological Sustainability

Abstract

Pig farming is an important part of the local economy in Samarinda, East Kalimantan, although it has a number of difficulties because of production, market volatility, and socio-ecological considerations. This study looks at the risk management techniques used by 150 pig producers at various farm sizes. From a quantitative perspective, the results show that just 10% of farmers use crop insurance, while 85% rely on personal resources to manage financial risks. 70% of farmers use diversification techniques, such raising fish or poultry, and 60% use biosecurity measures, like disinfection and immunization, to reduce production hazards. 50% of farmers enter into contracts with significant purchasers to stabilize prices as a way to control market risk.

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