Business feasibility of several PS-01 hybrid silkworms (Bombix mori L.) cultivation scheme

Abstract

Forest Research and Development Center has developed technology to increase productivity of sericulture through selection of types and varieties and cross-breeding to obtain superior hybrids. One of the superior hybrids produced is superior silkworm PS-01. The use of PS-01 hybrid silkworm seeds has been officially carried out with the Minister of Forestry Decree Number 794 I Menhut-II/2013 concerning the Release of PS-01 Hybrid Silkworm (Bombyx Mory L) Seeds. Several variations in the cultivation of the PS-01 hybrid silkworm in the field result in several cultivation schemes. This study aims to assess feasibility of several of PS-01 hybrid silkworm cultivation schemes. The research is conducted at KTH Bina Mandiri Sukabumi. Data and information are obtained through in-depth interviews with several farmer group members Bina Mandiri Sukabumi, owner and manager of PT Begawan Nusantara as a partner of KTH, which cultivates PS-01 silkworm seeds. Data are analyzed descriptively and qualitatively. Feasibility of PS-01 hybrid silkworm cultivation business is assessed using several criteria, namely NPV, BCR, IRR, and BEP, during the 10-year business cycle. The results of financial analysis on four silkworm cultivation schemes using PS-01 hybrid silkworm seeds show Schema I : KTH farmers buy PS-01 hybrid silkworm eggs and sell their products in cocoons; it is not feasible; Schema II : KTH farmers buy PS-01 hybrid silkworm egg seeds and sell their products in the form of yarn, and it is feasible; Schema III : KTH farmers do not purchase PS-01 hybrid silkworm eggs and sell their products in the form of cocoons; it is not feasible; Schema IV. In a partnership scheme, KTH farmers are assisted with silkworm eggs, consumable operational materials, farmers receive maintenance assistance up to the 3rd instar, and the sale of the produce in the form of cocoons is feasible.