Indonesian Center for Agricultural Socioeconomic and Policy Studies
Abstract
Livestock products such as beef, broiler meat, and eggs are commodities deal with increased prices during national religious holidays (HBKN), especially during Idul Fitri. The objective of this research was to study the dynamic changes and price behavior during HBKN to anticipate food price fluctuation in the future. The research was conducted in three consecutive years, i.e. from 2012 to 2014, and carried out in 8 provinces representing centers of producers and consumers. Data were analyzed using a general linear model procedure to find out the inflection point of the highest price of livestock products during HBKN. Results showed that average price of beef rose by 10–20%, whereas those of broiler meat and egg increased by 10–16% and 5–13%, respectively. Region and time period significantly affected price changes (P < 0.001). A sigmoid curve of dynamic changes of livestock price was shown in this study. The results indicated that the highest price changes of livestock products were one day before Idul Fitri. The government needs to assure consumers not to be panic due to significant changes in livestock product prices since this temporary adjustment would reach the price equilibrium such as those before Idul Fitri. Public panic could be exploited by speculators to increase profit