Risk analysis of catfish cultivation (Pangasius hypophthalmus) business in Gondosuli Village, Gondang, Tulungagung

Abstract

The catfish farming business is an activity that offers the opportunity to earn large profits, but it also has the potential for business risks. The aims of this research is to ascertain the characteristics of catfish business farmers and to analyze the level of production risk. This research was carried out in Pokdakan Mina Jaya and Mina Baru Gondosuli Village, Gondang, Tulungagung. The research location was chosen purposively and the sample method used was snowball sampling. The data analysis method used analysis of income and analysis of risk. The results showed that the profit of the catfish farming on each planting season was IDR 81.631.322. The production risk and income risk analysis showed that the coefficient of variance was CV < 0,5. The lower limit of production risk and income risk was L > 0. Then, based on the value of coefficient variance‘s production and income showed that there was a little of risk catfish cultivation production faced by farmers. The relation between the coefficient of variance (CV) and the lower limit (L) of production risk and income risk represent that the catfish cultivation do not suffer from production risk due to small production risks.