The Determinant of Beef Prices in Bali

Astiti, Ni Made Ayu Gemuh Rasa (2019) The Determinant of Beef Prices in Bali. Journal of Advanced Research in Dynamical and Control Systems, 11 (6). pp. 1868-1872. ISSN 1943-023X

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Abstract

The Indonesian government launched beef self-sufficiency in 2019. There is holding various programs, however, it has not currently been realized. The beef prices are increasingly rising. Rising beef prices are not able to provide incentives for farmer’s welfare. Therefore, cattle farming, especially, in Bali still maintains traditional maintenance and the rearing average number (2-5). The beef increased price due to the people’s purchasing power to decrease. The research is needed to be conducted on determining the beef price in Bali. The study aimed at determining the determinants of beef prices in Bali Province. The method used is the survey method to the modern market as well as the traditional market as well as interviews with beef traders and buyers in Bali. Data collection techniques conducted on secondary data. The study results showed the determinants of beef prices in Bali Province are beef demand, beef production, and imported beef prices. It is due to in Bali the increase beef production has not been able to meet the demand. Balinese beef prices will continue to increase. It can be stated Bali beef production and demand have no effect on Bali beef price. Due to the Bali beef price will continue to increase every year, until self-sufficiency in beef. It is reached and demand can be fulfilled. The beef price in the market is influenced by the place wherein beef is sold (traditional or modern markets), packaging, shape (commercial beef shredded) and selfcommercial beef shredded and time, during Ramadan/before the Eid Fitri and imported meat

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