RISK MITIGATION STRATEGY FOR RICE LAND FARMING IN JEMBER DISTRICT

Abstract

Farming is one of the factors that can increase farmers' income and standard of living. As a business, agriculture always faces risks. The existence of risks must be minimized. This study aims to determine the factors that influence the success of farmers in farming. The study was conducted using a literature study method using journal articles that discuss farming or agribusiness. The results of the study showed that the success of farming is determined by at least 5 (five) factors, namely: 1) using original seeds/seedlings (F1 hybrids) and varieties that consumers like. 2) Plant maintenance is carried out carefully, using the right pesticides, and eliminating sources of disease in the field. 3) Capital needs must be calculated and financing must be allocated carefully. 4) Using selected, honest, hard-working, and trustworthy workers and creating a conducive working atmosphere. 5) The selection of plant types must be market-oriented. In addition, mitigation efforts are made to reduce the impact of risk, through 1) Crop diversification. 2) Diversification of livelihoods. 3) Agricultural insurance.