Indonesian Plantation Research Articles

Entrepreneurship Orientation on MSME’s Performance, Competitive Advantage and Innovation Strategies as Mediation

Background: The agriculture industry in Indonesia produces a wide range of goods. Coffee is one of them. One of Indonesia's biggest exports to the rest of the world is coffee. Indonesia, the third-largest producer of coffee worldwide, has acknowledged coffee as a staple good. According to Pertanian.go.id, there are 1.2 million hectares of coffee plantations in Indonesia. Community coffee plantation land makes up 96% of the plantation area, while private firms own the remaining 4%. This demonstrates the importance of smallholder plantings to Indonesia's coffee industry. Aim: This study aims to assess the extent of the implementation of entrepreneurial orientation in plantations and post-harvest processing of coffee commodities through the mediating role of competitive advantage and innovation strategies to improve the performance of MSMEs in the plantation agro-industry and post-harvest coffee in Malang Raya. research methods used survey methods. Method: The data were obtained from questionnaires and necessary documents. Testing using partial Least square (PLS-SEM) and bootstrap. Findings: The findings of this study reveal that entrepreneurial orientation has a positive and significant direct effect on the performance of MSMEs while the role of competitive advantage and innovation strategy as a mediation of entrepreneurial orientation is not able to have a positive and significant influence on the performance of MSMEs in the plantation agro-industry and post-harvest coffee in Malang Raya.

Partitioning of Ambrosia Beetle Diversity on Teak Plantations in Java, Sumbawa, and Sulawesi Islands

Ambrosia beetles are the largest group of beetles living mutualistically with ambrosia fungi. Increased global shipments of forest and agricultural products have expanded the distribution of some species of ambrosia beetle. We investigated the partitioning diversity of the ambrosia beetle community on teak plantations in Indonesia’s Java, Sumbawa, and Sulawesi Islands. The ambrosia beetles were collected on the twelve sites of teak plantations with different managements (un-thinned and thinned) in Java, Sulawesi, and Sumbawa Islands. Ambrosia beetles were collected ten times at 7-day intervals. The diversity of ambrosia beetles recorded in teak plantations across twelve sites in Java, Sumbawa, and Sulawesi Islands were 17 species and 6154 individuals. Xyleborus affinis (47.17%), Xylosandrus crassiusculus (27.64%), and Hypothenemus sp. (12.33%) were the three dominant species. The highest and lowest species richness were found in the teak plantations in Java and Sumbawa Islands, respectively. The highest and lowest populations of ambrosia beetles were in Sulawesi and Sumbawa islands, respectively. Three factors contribute to the species richness of ambrosia beetles, i.e., temperature, rainfall, and altitude. Stand age, temperature, rainfall, altitude, and teak management contribute to ambrosia beetle abundance. Ambrosia beetle communities among islands show differences between each group, as confirmed by analysis of variance based on homogeneity of multivariate dispersion (sig. 0.001) and permutation test for homogeneity of multivariate dispersions (sign. 0.001). For the group of teak managements, there are differences between both teak managements, as confirmed by analysis of variance based on homogeneity of multivariate dispersion (sig. 0.001) and permutation test for homogeneity of multivariate dispersions (sign. 0.01). Based on the eigenvalues for PCoA axes by the Bray–Curtis method, Sulawesi Island is separate from both Java, and Sumbawa islands. However, Java and Sumbawa islands overlap each other. For groups of teak managements (thinning and non-thinning), there are overlap with each other based on the eigenvalues for PCoA axes by the Bray–Curtis method. The β-1 (Within bottle trap/local scale) contributes the highest to γ-diversity (42.46%). The relative contribution of species replacement (β-sim) in multiple sites across Java, Sumbawa, and Sulawesi Islands (regional scale) provides a high contribution (85%) to overall beta diversity, and the relative contribution of β-nes to the β-sor among sites is 14.03%.

SEJARAH PERKEBUNAN GAMBIR DI KABUPATEN LINGGA (1970-2015)

<p>Plantations in Indonesia has been known since the arrival of the Dutch colonial in Indonesia Although the glory of gambir in riau islands ended in 1970, but for Lingga Regency the success of gambir plantations persisted in that year, evidenced by one of the Tioghoa residents named Hainan opened gambir ward in Lingga Regency located in Kudung Village. The method used is the historical research method. According to Louis Gottschalk, the historical method is the process of critically testing and analyzing records and relics of the past. With the method of history can also be reconstructed as many events as the human past. The 1970s and 1990s were a lucrative year for Mok ciu keng's and Ameng gambir plantations where the family's plantations were able to penetrate the export market to Japan.</p>

The Study of Added Value Analysis of Coffee Processing in Indonesia

Coffee is one of the largest foreign exchange earning commodities for Indonesia. In 2021 the area of coffee plantations in Indonesia is 1,258,800 ha. This area is wider than in 2019 and 2020. Meanwhile, the total coffee production in 2021 is 774.60 tons. The five provinces in Indonesia that have the most coffee production are the provinces of South Sumatra, Lampung, North Sumatra, Aceh and Bengkulu. The highest production can encourage processing activities. Coffee processing is the process of changing form from primary form to secondary form. Coffee processing is also expected to provide added value for businesses that carry out processing activities. Value added is the added value of a commodity due to processing, transportation or storage in a production process. The various types of coffee can affect the added value for businesses in several regions in Indonesia. Therefore, it is important to do a comparative analysis of the added value of coffee processing in Indonesia to inform how much the level of added value exists in several regions in Indonesia. The data used in this study is secondary data derived from previous studies by collecting several journals used as a reference in carrying out the study. The literature study method using data collection tools to reveal various theories that are relevant to the problem being faced or researched as material for discussing the results of the study taken from various books that are considered relevant to the content of the study. Of the five value-added studies that have been reviewed, the highest value-added ratio is in the Luwak Coffee Agroindustry, Balik Bukit District, West Lampung Regency and Pulau Panggung District, Tanggamus Regency, Lampung Province, from the primary form of coffee cherries to the secondary form of civet coffee beans, namely 72.97%. This means that only Luwak Coffee Agroindustry, Balik Bukit District, West Lampung Regency and Pulau Panggung District, Tanggamus Regency, Lampung Province, has high added value because it has an added value ratio of >40%.

Farmer sales decisions and the sustainability of the coffee supply chain in Indonesia

The aims of this study: 1) analyze of Indonesian coffee farmers in determining the purpose of selling coffee; 2) analyze the factors that influence the decisions of Indonesian coffee farmers in determining coffee sales for improving the sustainability of the Indonesian coffee supply chain. This study uses data from the Indonesian Plantation Business Household Survey and multinomial logistic analysis methods. The number of respondents analyzed was 21 361 coffee farmers scattered throughout Indonesia. Coffee farmers in Indonesia sell to collectors, markets, village unit cooperatives, and plantation companies. The percentage of farmers coffee sales is through collectors due to distance, cost, ease of cash, and ease of transaction. In contrast, farmers who deal with the company will tend to sell coffee to the company because of the partnership. improvement of quality consistency and production continuity is carried out such as with Geographical Indications (GI) of production center areas. This can be done by various supply chain actors such as the Community Concerned for Geographical Indications (MPIG) in conducting counseling and mentoring for farmers. This can trigger the coffee supply chain in Indonesia.

The moderating effect of employee growth climate on the relationship between work engagement and job outcomes among plantation workers in North Sumatra, Indonesia.

The current study investigates the moderating effect of employee growth climate on the relationship between work engagement and job outcomes among plantation workers in North Sumatra, Indonesia. Three individual-level job outcomes are investigated, namely, intra-role behavior, employee learning, and innovative work behavior. Six hundred and seven Indonesian plantation workers from one of the biggest palm oil plantations in Indonesia participated. Work engagement and employee growth climate were positively related to the three types of job outcomes, as expected. Furthermore, the relationship between work engagement-intra-role behavior and work engagement-innovative work behavior was moderated by employee growth climate. However, no moderating effect of employee growth climate was observed for the relationship between work engagement-employee learning. Thus, organizations may create programs to foster employee growth climate and aware of their employees' learning behaviors.

The Characteristics of Some Commercial Arabica Coffee Beans in Indonesia

Arabica coffee is one of the mainstay commodities in the Indonesian plantation sector. Geographical differences and the environment where coffee grow can affect the characteristic, phytochemical content and antioxidant activity of the beans. The aim of this study was to determine the phytochemical characteristics and antioxidant activity of 10 items of commercial Arabica coffee beans in Indonesia. The extraction of 10 coffee beans was carried out by kinetic maceration in 1 hour with 70% ethanol, then evaporated. Each extract was examined for morphology, phytochemical screening, assay of caffeine content using HPLC method, levels of flavan-3-ol, total flavonoid content (TFC), total polyphenolic content (TPC), antioxidant determination using DPPH and FRAP methods. All bean samples showed the presence of flavonoids, alkaloids, triterpenoids, coumarins, and tannins. The chemical content determination showed caff eine content of 1.5-2.9%; flavan-3-ol content 4.85-12.38cat/g extract; TFC 9.71–23.67QE/g extract; and TPC 21.8–76.26GAE/g extract. Tests of antioxidant capacity using the DPPH reveal an inhibiting effect with varying IC₅₀ values from 19.49-81.41g/mL and using the FRAP method gave IC₅₀ values from 18.01-61.2g/mL. This study indicates that coffee samples have the same phytochemical characteristics and also have an important antioxidant activity, which justifies its potential to be developed into antioxidant nutraceuticals.

The effect of water volume on growth of several oil palm varieties (Elaeis guineensis Jacq.) aged of 8-14 months in main nursery

Oil palm plantation has an important role for the development of national plantation in Indonesia, in purpose to create job opportunities that lead to community welfare and also become the source of foreign exchange or tax for the country. Over the last four years, the area of oil palm plantation in Indonesia has increased from 10.4 million hectares since 2013 and continued to 12.30 million hectares in 2017 with total production 34.47 million tons of Crude Palm Oil (CPO). This research was conducted using experimental research by applying the form of the two-stage nested plot with the treatment arrangement of factor 2 into factor 1. The first factor was oil palm variety which includes of 3 levels, namely V1: Tenera DxP Marihat variety, V2: Tenera DxP Topaz 3 variety, and V3: Tenera DxP Socfindo Lame variety. The second factor was the volume of water supply which consists of 4 levels, namely A1 = 1000 ml per day per plant, A2 = 1500 ml per day per plant, A3 = 2000 ml per day per plant, and A4 = 2500 ml per day per plant. The Observation parameters are photosynthetic rate, leaf area, seedling height, and diminutive diameter of trunk, number of leaves, wet weight, plant roots, root crown ratio, and seed quality index. The results showed that the volume of water affected all growth components of several varieties of oil palm seedlings, both on the variables of photosynthesis rate, leaf area, seedling height, and diminutive diameter of trunk, number of leaves, wet weight, plant root volume, root crown ratio, and seed quality index.

STRATEGI PENGELOLAAN AREAL DENGAN KONSERVASI TINGGI PADA PERKEBUNAN KELAPA SAWIT (STUDI KASUS PT ADEI PLANTATION & INDUSTRY KEBUN MANDAU)

The journey of the development of oil palm plantations in Indonesia has always been tinged with negative accusations and influences on export bans at the global level (world market). Facing these allegations, Indonesia has a sustainable oil palm plantation scheme contained in Permentan No. 38 of 2020 which contains the obligation of plantation businesses to own and manage areas with high conservation (NKT) in the company's operational area (HGU). The existence of NKT area in the plantation area becomes a mandatory requirement for sustainable oil palm plantations to be accepted by the world market. This research is important to do because, until now, the study of NKT area management strategies in oil palm plantation areas is still very lacking. This research was conducted at PT Adei Plantation & Industry Kebun Mandau, using survey methods and further analyzed using SWOT. The results of the study obtained the need for PT Adei Plantation & Industry Kebun Mandau to form a special institution of NKT management to manage NKT Area within the HGU area.

Management of Organizational Culture and Organizational Learning as Variables in Improving Performance

The commodity of crude palm oil (CPO) from time to time has more profitable business prospects. Indonesia and Malaysia are the largest CPO producing countries in the world. The availability of large enough land is one of the factors that makes Indonesia a major producer of CPO for the world community. However, the productivity of oil palm plantations in Indonesia is still low compared to Malaysia. This then becomes the rationale that improving the performance of oil palm plantation companies is not only related to the availability of land, technology or capital. However, another important thing that needs to be done is how oil palm plantation companies manage organizational culture and organizational learning activities. This study aims to determine the effect of organizational culture and organizational learning on the performance of employees of PTPN XIII (Persero) which is a coconut plantation company. The sample in this study were employees of class III - IV PTPN XIII (Persero) who served in West Kalimantan. The data analysis model uses Partial Least Square (PLS). The results show that organizational culture has a significant effect on employee performance with a positive relationship direction, while organizational learning has no significant effect on employee performance with a positive relationship direction. This means that organizational learning has very little effect on employee performance.

Effect of densification on the physical and mechanical properties of the inner part of oil palm trunk impregnated with methylene diphenyl diisocyanate

Oil palm (Elaeis guineensis Jacq.) plantations in Indonesia are increasing over the past few years. After economic productivity, however, the unproductive oil palm trunks are felled and mostly go to waste, especially the inner part of the oil palm trunk (IOPT). There are several modification methods to utilize IOPT, such as impregnation and densification. Methylene diphenyl diisocyanate (MDI) is a common resin used for impregnation in composite industries because it is non-toxic and has excellent physical and mechanical properties but it has never been applied for the impregnation of IOPT. This study aimed to analyze the effect of densification on the physical and mechanical properties of the inner part of oil palm trunk (IOPT) impregnated using methylene diphenyl diisocyanate (MDI) resin to obtain valuable information regarding the efficient utilization of unproductive oil palm trunks. IOPT was densified and compregnated with compression ratios (CRs) of 20% and 30%. The physical properties (density, moisture content (MC), and water absorption (WA)) and mechanical properties (modulus of elasticity (MOE), modulus of rupture (MOR), and hardness) of the compregnated samples were better than those of the densified samples. The density and mechanical properties at CR 30% were higher than those at CR 20%. The improvements in density, MC, and WA of the compregnated IOPT with CR 30% were 127%, 54%, and 70%, respectively, compared to that in untreated IOPT. Furthermore, improvements in the MOE, MOR, and hardness of the compregnated IOPT with CR 30% were 489%, 379%, and 393%, respectively. The mechanical properties of the compregnated IOPT at CR 20% and 30% increased two- to three-fold from strength class V in control IOPT to strength class III in compregnated IOPT with CR 20% and to strength class II in compregnated IOPT with CR 30%, respectively.

NOCTURNAL BEETLE POPULATION (COLEOPTERA: SCARABAEIDAE) AND PERCENTAGE OF AFFECTED CROPS IN THE MAIN NURSERY OF OIL PALM (Elaeis guineensis Jacq.)

Rapid development of oil palm plantations in Indonesia, cause seeds requirement also increase. Nurseries are a phase that is very vulnerable to pests and diseases because the morphological sensitivity of the seedlings which are very responsive. The main pests that attack oil palm in nursery are nocturnal beetles. The objective of this study was to determine the species, population and percentage of crops attacked by the nocturnal beetles in the main nursery phase oil palm (Elaeis guineensis Jacq.). This research was conducted at the CV. Agro Unggul Sejati located in Sungai Kambut Village, Pulau Punjung District, Dharmasraya Regency. The method on this study was a survey. The sample plants were determined systematically, there were 10% of the total number of seeds in each observation block. The trapping of nocturnal beetles was carried out by light traps were installed two traps in each observation block. Observation of the percentage of affected crops was carried out by counting the sample plants that were attacked and vice versa. Two types of nocturnal beetles were found in oil palm main nursery in CV. Agro Unggul Sejati, namely Apogonia expeditionis Ritsema and Adoretus compressus Webb. Morphological characteristics of A. expeditionis are shiny black and sized 8,5-11 mm while A. compressus is reddish brown, with a body length ranging from 1-1,5 cm. The attack of nocturnal beetle cause large tears in the leaves of oil palm seedlings. The population of A. compressus was more abundant than A. expeditionis. There were 45 species of A. compressus, while 29 species of A. expeditionis. The percentage of affected crops caused by the nocturnal beetles in oil palm in the main nursery ranged from 11,12-37,03%.

ANALISIS KELAYAKAN USAHA PADA USAHATANI KOPI ARABIKA DI KELOMPOK TANI HUTAN GIRI SENANG DAN KELOMPOK TANI SUNDA BUHUN

Coffee is one of the leading commodities in the Indonesian plantation sector. Bandung Regency as one of the coffee producers in West Java plays a role in the contribution of West Java coffee production. With good coffee quality and high productivity, coffee is the main commodity for coffee farmers in the Giri Glad Forest Farmers Group and the Sunda Buhun Farmers Group. The purpose of the study was to analyze the business feasibility of Arabica coffee farming in the Giri Glad Forest Farmers Group and the Sunda Buhun Farmers Group. The analytical method used is descriptive qualitative method and the data analysis tools used are farming feasibility analysis, IFE and EFE matrices. The results showed that the feasibility analysis of Arabica coffee farming was feasible to be developed and the sensitivity analysis showed that it was feasible to cultivate and provide benefits.

Factors Affecting The Smallholder Sugarcane Plantation Area

The decrease of the smallholder sugarcane area is the major problem for the Indonesian plantation white sugar industry. This study aims to analyze factors that affecting the decrease of the smallholder sugarcane area. This study uses a panel data econometric model; using cross-sectional data from five provinces of smallholder sugarcane base area (East Java, Central Java, Lampung, West Java, and Yogyakarta) with monthly time series from 2014 to 2018. Estimates use the generalized least square (GLS) method. The results showed that the decrease of the smallholder sugarcane area was significantly affected by: (1) the decrease of sugar factories that were actively operating, (2) the increase of labor wages in the estate crops sector, (3) land competition with corn commodities, and (4) the increase of residential areas due to growth of population. The opening of new sugar factories out of Java Island is an alternative to encourages land clearing for smallholder sugarcane areas.

Palm Oil Plantation in Indonesia: A Question of Sustainability

The soaring price of cooking oil and the shortage of supply in Indonesia since December 2021 have brought the Indonesian palm oil industry back into the spotlight. Indonesia is one of the largest palm oil producers in the world. Although oil palm plantations are recognized as having a major role in alleviating poverty in Indonesia, there is a lot of controversy surrounding the Indonesian palm oil industry, both in terms of poverty alleviation itself and in terms of environmental damage it caused. Using exploratory qualitative method, this paper argues that the palm oil industry controversy stem from different eco-centric and technocentric views of producer and importer countries on how to achieve sustainable agriculture. Using Indonesia as a case, the results shows that arguing palm oil’s role in alleviating poverty and efforts in reducing environmental impact in Indonesia is not enough to quell palm oil industry controversies. The existing sustainability certification system such as RSPO and ISPO are seen as a technocentric solution that is ineffective and inadequate, whereas eco-centric unclear concept of sustainability and the complexity of the palm oil industry production chain is seen as contradictive. The results shows Indonesia needs to further strengthen its perspective on sustainability with more openness of data and improvement of systems in order to overcome the polarization of the narrative that has grown distrust of the palm oil industry. Negative sentiment toward the palm oil industry will not only harm Indonesia's socio-economic status but can also harm the environment, because importing countries may have to abandon palm oil even though they yet have an alternative that is more sustainable than palm oil.

SYNTHESIS OF CELLULOSE-BASED SUPERABSORBENT HYDROGEL FILLED WITH CELLULOSE NANOFIBER FROM OIL PALM EMPTY FRUIT BUNCHES

Oil palm empty fruit bunches (OPEFB) are waste products from the oil palm plantations, which is still an issue in Indonesian plantations. The high cellulose content in OPEFB enables them to be processed into cellulose nanofibers (CNF) that can be applied as fillers in the hydrogel. This research aimed to synthesize cellulose-based superabsorbent hydrogel and observe the optimal condition to produce hydrogel with high absorption and good thermal properties. CNF-based hydrogel is an excellent option to improve the physicochemical characteristics of the hydrogel. In this work, carboxy methyl cellulose hydrogel was firstly prepared by using citric acid. Then, CNF were added as fillers at different ratio variations, such as 0, 1, 3, 5, and 7 wt%. The surface morphology of the hydrogel showed rough surfaces, except for the 7 wt% CNF variation that produced hydrogel with a homogeneous surface. The cross-linking between the hydrogel and the fillers was evaluated by Fourier-Transform Infrared Spectroscopy (FTIR). A peak associated with the carboxylic acid functional group indicated hydrogel formation. The incorporation of CNF did not change the FTIR spectra since both materials had similar structures. Water absorption analysis showed that the developed product could be classified as a superabsorbent since all samples showed a degree of swelling above 200 g.g−1. CNF content at a 1 %wt ratio had the highest water retention and best thermal stability. The hydrogel showed exceptional characteristics, being suitable for various applications, mainly in agricultural sectors that required water delivery to the soil.

INFEKTIVITAS MIKORIZA TANAMAN KELAPA SAWIT (Elaeis guinennsis Jack.) YANG TERSERANG GANODERMA

Palm oil (Elaeis guineensis Jacq.) is an important plantation crop in Indonesia as a producer of vegetable oil and several other derivative products. Palm oil (CPO) production is 47.18 million tons and PKO 4.6 million tons (GAPKI 2019). One of the main obstacles in palm oil cultivation is the presence of biotic stress in the form of Stem Root Disease (BPB) caused by the fungus Ganoderma boninense Pat. is the most harmful disease. In several palm oil plantations in Indonesia, this disease has caused the death of up to 80% or more of the entire population of oil palm plantations. Several factors that influence the development of BPB disease in the field are plant age, soil type, nutrient status and replanting technique. The characteristics of Ganoderma include soil borne, necrotropic and have various means of self-defense, therefore, BPB disease control must be carried out in an integrated manner between the use of resistant palm oil plants, the use of superior biological control agents and technical culture measures. One of the prevention alternatives that can be done is by utilizing soil microbes that can be in symbiosis with palm oil roots, such as Arbuscular Mycorrhizal Fungi (AMF). Mycorrhizae play a role in improving soil health, are environmentally friendly and able to improve soil nutrient status and agricultural products. Therefore, it is necessary to conduct research on the infectivity of mycorrhizae on healthy plants and plants that are attacked by Ganoderma. Keywords : Ganoderma, Infectivity, Oil palm

Bagworms in Indonesian Plantation Forests: Species Composition, Pest Status, and Factors That Contribute to Outbreaks

The role of plantation forests will become more important in the future, along with the increasing demand for wood. However, pest infestation problems may represent significant obstacles to the development of sustainable forest plantations. Bagworms are one of the most important pests in Indonesian plantation forests. Outbreaks of bagworms have occurred in different tree species for wood or non-wood resources. This paper presents the first review of bagworms in Indonesian plantation forests. This review presents the diversity of bagworms, their pest status, and the factors affecting the outbreaks. More than 70 bagworm species were recorded in Indonesia, which is higher than the species richness recorded in neighboring countries. The subfamily Oiketicinae has the highest number of species, followed by Typhoniinae and Taleporiinae. The highest bagworm richness has been recorded in Western Indonesia, except for Papua, where many new species have recently been described. More than 10 species of bagworms have been reported as pests in Indonesian forest trees. Pteroma plagiophleps is currently considered the most important pest in the forestry sector because of the wide range of forest trees used as hosts. Bagworm outbreaks have been reported in forest trees since 1924. The first outbreak occurred only in pines in Sumatra. Currently, outbreaks occur in more host plants and on other islands. Bagworm outbreaks are influenced by multiple factors, such as the biology of the bagworms, their host plants and natural enemies, climate, and silvicultural practices.

Digital Accounting Application in Oil Palm Plantation in Indonesia

This study is a case study conducted in an Indonesian oil palm plantation company. The study aims to understand the digital accounting application in oil palm plantations. The company has changed its recording systems in the plantation area from manual systems using paper to digital systems using applications and gadgets. This study reveals that the company is committed to applying digital accounting systems and, as much as possible, will do paperless administration in the plantation area. The analysis method is descriptive research, namely by collecting and interpreting the data obtained to provide information.
 In this study, we observe digital technology's use on a palm oil plantation, fingerprint technology for attendance on a palm oil plantation that is directly integrated with the existing payroll system. It is also integrated with the ERP system that is for recorded labors' attendance and calculates their wages and premiums. It helps the company to make faster, efficient, and more accurate reports. There is also the use of Mobile Harvesting System to record harvest density figures, the yield being harvested, and replicate tools to connect and communicate with the ERP systems. Therefore, using digital technology in plantations for accounting and other purposes much helps accelerate the data collection process. Its accuracy also helps to eliminate fraud effectively, efficiently, and accurately.

Pengaruh Rasio Return On Asset & Return On Equity terhadap Harga Saham Perusahaan Sub Sektor Perkebunan di Bursa Efek Indonesia Periode 2016-2020

The purpose of this study is to find out and analyze how the effect of return on asset ratio (ROA) and return on equity ratio (ROE) simultaneously on stock prices in Plantation Sub-Sector Companies for the Period 2016-2020. To find out and analyze how the effect of return on asset ratio (ROA) and return on equity ratio (ROE) partially on the stock price in Plantation Sub-Sector Companies for the Period 2016-2020. In this research design is a descriptive design that is a study that is an exposure to the variables studied and the dependence of sub-variables. In this study the study using descriptive design involves quantitative data equipped with qualitative data. The object of the research used in this study is the plantation industry listed on the Indonesia Stock Exchange (IDX). The reason the author uses the plantation industry as an object of research is because in Indonesia Plantation has a very wide market share which is one of the largest foreign exchange distributors for the country so that it can provide a significant role for the Indonesian economy. From the values of the coefficient obtained the following linear regression equation: Log Y = 3,966 + 2,403 X1 – 2,580 X2 + e. The regression coefficient of the return on asset (X1) variable of 2,403 means that the return on asset (X1) has a positive effect on the stock price. This indicates that if the return on asset (X1) increases by 1%, then the stock price will increase by 2,403.The value of the variable regression coefficient of return on equity (X2) 2,580 gives the sense that the return on equity (X2) negatively affects the stock price. This indicates that if the return on equity (X2) increases by 1%, then the stock price decreases by 2,580%. Simultaneously return on asset and return on equity have a significant effect on the stock price of 0.425 this figure shows that variable return on asset (X1) and return on equity (X2) can explain the change in stock price profit of 42.5 instead of 57.5% caused by other variables outside of this study.