Abstract
The large demand for cows during Eid Al-Adha was likely to affect the beef prices. The current research aimed to create an interpolation of beef prices in Eid Al-Adha so that the researchers could predict the range of beef prices in Malang city (Malang and Batu cities as well as Malang districts), East Java, Indonesia. The results of this study suggested that the range of beef prices in Malang city was relatively stable between IDR 105,000 and IDR 115,000. The results also showed that the government had successfully maintained the price. However, the government needed to pay more attention to Batu city since it was found that the price in that area was higher than any other areas in Malang.
Highlights
Besides goats, cows are one of the most influential ruminants in Indonesia since Indonesian people love consuming the meat
The current research aimed to create an interpolation of beef prices in Eid Al-Adha so that the researchers could predict the range of beef prices in Malang city (Malang and Batu cities as well as Malang districts), East Java, Indonesia
The results of this study suggested that the range of beef prices in Malang city was relatively stable between IDR 105,000 and IDR 115,000
Summary
Cows are one of the most influential ruminants in Indonesia since Indonesian people love consuming the meat. If compared to that of East java in June 2017 which was Rp. 105.768, it can be said that the increase was not that big or stable Another event causing the increase of beef price was Eid Al-Adha, it is an event when Muslim people sacrifice their livestock animals, in Indonesia they could be cows or goats, which is shared to those in need. It is an important annual event in Islam [7]. The current research aimed to create an interpolation of beef price in Eid Al-Adha so that we could predict the range of beef prices in Malang city (Malang and Batu cities as well as Malang districts), East Java, Indonesia
Sign-in/Register to view highlights & summary Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
