Analysis of Factors Affecting Soybean Production and Price Efficiency in Banten Province

Abstract

The soybean harvested area in Banten Province in 2018 was 23,594 ha with a production of 18,093.6 tons with productivity 0.77 ton/ha, xx. The main center for soybean plants is in Pandeglang Regency with an area of 18,925 ha and production of 14,115 tons. The objectives of this study are: 1) analyzing the performance of soybean farming, 2) analyzing the factors that influence soybean production and, 3) analyzing the level of prices efficiency/allocative of soybean production. The sampling method used purposive random sampling. Data analysis used descriptive tabulation and Cobb Douglas production function. The results of this study were: 1) The cultivated varieties were Anjasmoro (51.7%), Grobogan (44.8%), and Detap (3.5%). Soybean farming income is IDR. 4.038 million/planting season with a B/C ratio of 2.2. 2) Factors that significantly influence soybean production are the amount of use of NPK fertilizer, other fertilizers, liquid pesticides, hired human labor, and the area of cultivated land. 3) It was shown that none of the production factors is inefficient in price (NPMx/Px ≠1). The average value of Price Efficiency is 17.826, which means that the use of production factors is not efficient, it needs to be increased in use.