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Market Dyanamics of Wheat in Karnataka -An Econometric Approach

KrishiKosh

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Title Market Dyanamics of Wheat in Karnataka -An Econometric Approach
 
Creator Anil B. Kolur
 
Contributor R.A. Yeledahalli
 
Subject Agribusiness Management
 
Description Analysis of price and market arrivals overtime is important for formulating a
sound agricultural policy. Fluctuations in market arrivals largely contribute to price
instability. Such an analysis is also useful to farmers in order to decide the optimum
time of disposing their produce to their best advantage. In view of this the present
study was undertaken by collecting monthly prices and arrivals of wheat in major
wheat markets of Karnataka for a period of 20 years (1989-90 to 2008-09). An
increasing trend in arrivals and prices was observed in all the markets. But the
quantum of increase varied from one market to another. Price of wheat was found to
be highest during off season and lowest during harvest season. Since wheat is a rabi
crop, the arrivals were high during March to April. The higher seasonal indices of
prices were observed during April and May during which the arrivals were found to
be low. Uneven cycles were observed both in arrivals and prices in all the markets.
Response of wheat arrivals to prices in all the markets, both in long run and in short
term, showed a positive relationship, which implied that as the price of wheat
increased, the arrivals also increased. ARIMA analysis was employed to quantify the
variation in prices and also to forecast wheat prices. The forecasted price in all the
markets showed an increasing value. Analysis of zero order correlation showed that
there existed a strong integration among all the wheat markets. The analysis revealed
that, by selling wheat during off season would help the producer in getting better
returns. Finally it was suggested to disseminate the forecasted information prices to
farmers for their advantage.
 
Date 2016-11-11T14:12:32Z
2016-11-11T14:12:32Z
2011
 
Type Thesis
 
Identifier http://krishikosh.egranth.ac.in/handle/1/85131
 
Format application/pdf
 
Publisher UAS, Dharwad