Analisis Kelayakan Usaha Pembibitan Sapi Potong Peranakan Onggole (PO) di Desa Rantau Jaya Udik II Kecamatan Sukadana Kabupaten Lampung Timur (Study Kasus pada Kelompok Tani Ternak Sumber Rejeki 6 Livestock Farmer Group)

Abstract

The objective of this study was to identify the key aspects of cattle breeding business development and to assess the feasibility of developing a cattle breeding enterprise in terms of production technology, management and institutional aspects, financial performance, and socio-economic conditions. The breeding enterprise developed by farmers focused on Ongole Crossbred (Peranakan Ongole/PO) cattle. The feasibility analysis was conducted using an economic-scale beef cattle breeding model consisting of five breeding cows and one breeding bull. The financial feasibility assessment was based on projected cash flows and discounted cash flow analysis. The results indicated that the cattle breeding business was financially feasible for development, as reflected by a positive Net Present Value (NPV) of IDR 91,424,659. The Internal Rate of Return (IRR), calculated using a 13% discount rate, was 32%. In addition, the Benefit-Cost Ratio (BCR) was 1.4, while the Payback Period of Credit (PPC) was four years. This indicates that the investment required for the cattle breeding business could be recovered within four years, which is shorter than the six-year project period.