How much is Elephant Foot Yam?
Agriculture - Elephant Foot Yam is a type of tuber plant which is also known as Elephant Foot Yam or Elephant Foot Yam.
The Elephant Foot Yam plant became widely known to the public after the success stories of Elephant Foot Yam
farmers who became billionaires emerged.
Elephant Foot Yam is used as a raw material for flour, cosmetics to make jelly glue. This plant is usually exported to Japan, China, Taiwan, Thailand, and several other Asian countries in the form of flour and chips.
The export value of Elephant Foot Yam alone in 2020 reached 923.6 billion rupiahs, it's no wonder that President Jokowi then made Elephant Foot Yam one of Indonesia's new mainstay commodities for the export sector.
So, then, how much does it cost or capital to plant Elephant Foot Yam? Expensive or cheap, let's look at the reviews together.
How much is Elephant Foot Yam's investment?
In the business world, there is a law where the less capital the less income and risk. Conversely, the greater the capital, the more potential income that can be generated and the greater the risk.
Likewise, when planting Elephant Foot Yam, the greater the capital spent, the greater the profit that can be obtained, of course when the harvest is successful.
As an illustration only. According to the agriculture minister, Syahrul Yasin Limpo, in an interview, he said that to plant Elephant Foot Yam in 1-hectare land, farmers need around 70 to 80 million funds.
However, several other sources state that the capital to plant Elephant Foot Yam in 1-hectare land requires funds of around 50-60 million only.
So, so as not to be curious, the following is a complete explanation of the capital costs of planting Elephant Foot Yam from Creative Konjac Farm's youtube channel which discusses the costs of planting Elephant Foot Yam
and also analyzes the benefits.
Elephant Foot Yam Investment Capital
• 1 Hectare Land
• Spacing 25 x 100 cm
• Frog Seeds 200 kg = 3o,000,000
• Fertilizer = 500 sacks = 15,000,000
• Labor = 16,000,000
Total capital 56,000,000 per 1 hectare land. The potential profit that can be obtained from this capital is around 500 million rupiahs from the sale of frogs and tubers for 2 harvest seasons.
The Elephant Foot Yam
the frog itself is a fruit that grows between Elephant Foot Yam
plants. These are later the seeds for the Elephant Foot Yam plant, you can sell it or use it yourself.
Meanwhile, Elephant Foot Yam tubers are Elephant Foot Yam products that will be ready to be shipped in the form of Elephant Foot Yam
flour and chips to certain countries. So far, Elephant Foot Yam
has economic value when it is marketed abroad. Generally, Elephant Foot Yam
recipient countries are countries in the Asian continent.
Of course, the amount of capital is volatile because the prices of seeds and fertilizers may fluctuate. Likewise with labor costs. Regarding labor costs, it is at the discretion of each, how many employees will be hired and how much salary will be given.
In essence, planting Elephant Foot Yam
requires a capital of at least 60 million - 80 million per 1-hectare land. You can use this as a benchmark. If you want to plant Elephant Foot Yam in a narrower area, you just have to divide it from that amount. Likewise, if you want to plant in a wider area.
To achieve success in the field of Elephant Foot Yam. In addition to capital and land, of course, you also need knowledge of agriculture. Planting Elephant Foot Yam can not be done just licorice and Country of Destination for Porang Exports
For those of you who are currently involved in the world of plant cultivation, then of course you are already familiar with the Elephant Foot Yam tree. While the Elephant Foot Yam plant itself is one of the export commodities and is becoming a trend in the market today. Therefore, the opportunity to cultivate Elephant Foot Yamtoday is very large.
You need to know that judging from the data that has been compiled by the Agricultural Quarantine Agency, it was found that in early 2021 Indonesia's Elephant Foot Yam exports had reached 14.8 thousand tons. It should be noted that this figure has exceeded the number of Elephant Foot Yam exports in the first half of 2019 which at that time only amounted to 5.7 thousand tons.
This increase indicates that export activity has increased by 160%. The countries that are the export destinations of the Elephant Foot Yam include Vietnam, China, and also Japan. In addition to these countries, several countries in the European region are Elephant Foot Yam export destinations.
Generally, the Elephant Foot Yam plants are sent in the form of semi-finished products or the form of chips. In export recipient countries, later this Elephant Foot Yam product will be processed into basic ingredients for cosmetics, food, and other industrial materials.
What are the Elephant Foot Yam products that you need to know?
Products derived from Elephant Foot Yam such as flour, chips, and semi-finished Elephant Foot Yam have a much higher economic value when compared to their form which is just Elephant Foot Yam tubers.
The selling price of Elephant Foot Yam fruit from farmers is only Rp. 13,000 for the whole form. Very much different if sold in the form of chips whose price can reach around Rp. 70,000. That means that the price increase that occurred here is Rp. 57,000. This increase in selling price is very significant when compared to selling wet logs or tubers with the sale of dry Elephant Foot Yam or chips.
The increase was due to the chips having been processed through a series of processes. Such as drying, chopping, or drying. Therefore, it is natural that the price will be much more expensive.
During the harvest season, Elephant Foot Yam farmers will have two treatment options for their crops. That is, they can sell Elephant Foot Yam in the form of tubers or make them into chips first. However, because in November the Elephant Foot Yamtubers just grew, the middlemen carried out the chip processing, with them doing a series of drying and chopping processes.
Processing Elephant Foot Yamato be used as chips can increase profits. The principle of making the Elephant Foot Yamchip itself is quite practical and simple, that is, only by washing the Elephant Foot Yam from the sap, then it will be cut into thin strips with a thickness of 0.5 cm and then dried.
In addition to increasing chip profits, pouring is also a very appropriate solution in increasing the shelf life of these plants, so they can last longer in the market. Several regions in Indonesia which are production centers of these tree crops are East Nusa Tenggara, East Java, Banten, Central Java, Sumatra, and also the Kalimantan region.
As for the areas that are centers for processing Elephant Foot Yam flour, they are in the Bandung, Madiun, Wonogiri, Pasuruan, and Maros areas. Just like Elephant Foot Yam chips, where Elephant Foot Yam flour processing also has more economic value when compared to selling only in the form of Elephant Foot Yam rang tubers. e that. Some farmers are successful and some fail.
The failure factor is usually caused by improper planting time, rotting seeds, and also less exposure to sunlight on plants.
That was a brief article about the capital needed to plant Elephant Foot Yam. Hopefully, this article can be used as a little reference for you farmers who are interested in cultivating this plant.