Analysis of Factors Affecting the Production and Net Income of Peanut Farmes (Arachis Hipogeae L) in the Swamp Land of Amuntai Tengah District, Hulu Sungai Utara Regency

Peanut farming is a promising agricultural business to develop because it can provide significant profits for farmers. Although the production costs are relatively high, it still yields business profits. Hulu Sungai Utara Regency is one of the regencies that cultivate peanuts, with one of the subdistricts having potential for peanut cultivation development, namely Amuntai Tengah Subdistrict. However, although peanut cultivation is considered promising, the production costs for peanuts are quite high, thus requiring significant capital. This study aims to analyze the factors influencing peanut production and the income farmers receive in one planting season. The primary data used was obtained through direct interviews with respondents. A sample of 50 farmers was taken from 83 active farmers who cultivate peanuts and are members of farmer groups registered in Simluhtan. The data analysis used to determine the effect of production factors on peanut production is the Cobb Douglas Function. Furthermore, the farmers’ income can be analyzed using a profit approach by calculating costs and revenue. The results of the study show that based on the F test, the F hit value (21.963) and F tabel value (2.40) show that the probability value is 0.000 < 0.05 (α = 5%), meaning that the hypothesis H0 is rejected and H1 is accepted. This indicates that land area (X1), seed quantity (X2), fertilizer quantity (X3), pesticide quantity (X4), and labor quantity (X5) jointly have a significant effect on peanut production (Y). Meanwhile, based on the t-test results, the production factors of land area, seeds, and fertilizer individually have a significant effect on peanut production (Y), whereas pesticide quantity (X4) and labor quantity (X5) do not significantly affect peanut production (Y). Furthermore, the average income of peanut farmers in Amuntai Tengah Subdistrict is IDR 40,110,300 per farm or IDR 35,621,936 per hectare in one planting season. The average net income of peanut farmers is IDR 22,268,977 per farm or IDR 19,777,085 per hectare in one planting season.