Analysis of Tilapia (Oreochromis Niloticus) Biofloc System Cultivation Business in the Minabe Agribusiness Group of Cikaret

Abstract

This study aims to analyze the Nile tilapia (Oreochromis niloticus) farming business using the biofloc system in the Minabe Agribusiness group, located in Cikaret Village, south Bogor District. The research was conducted in October-November 2023 through direct interviews. The biofloc system was chosen to optimize feed utilization and maintain water quality. A financial analysis was carried out to evaluate the feasibility of the business by considering fixed costs, variable costs, and investments. The main challenge faced by the group was the high mortality rate of seeds during the early stage of the farming cycle. This study shows that farming with the biofloc system has good prospects. Despite technical challenges, with improved water quality management, this business can increase productivity and profitability.