Financial analysis of RGL citrus (Citrus reticulata) farming in Rejang Lebong Regency Bengkulu

Abstract

RGL Citrus is a new commodity that was developed in Rejang Lebong Regency Bengkulu. This commodity increased fastly since 2014, primarily in Pal 7 village, Bermani Ulu Raya subdistrict. Therefore need to analyze RGL citrus financial feasibility for agribusiness development. The purpose of this study is to analyze the financial feasibility of RGL citrus farming in Pal 7 village. The study was conducted from January to March 2020 by interviews with 10 RGL citrus farmers. Data collected were production cost, quantities of production, and price. Data Analyzed with Net B/C value, NPV, IRR, and Payback period in 6 years citrus cultivation. The results showed that RGL Citrus farming feasible with net B/C is 1.44, NPV 71,599,830, IRR 20.23% and PP in 5 years 6 months citrus old. An increase in production costs, a decrease in production, and a decrease in prices individually by 20% and changes together of the three criteria of 10% are still feasible in RGL citrus farming.