Market Dyanamics of Wheat in Karnataka -An Econometric Approach
KrishiKosh
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Title |
Market Dyanamics of Wheat in Karnataka -An Econometric Approach
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Creator |
Anil B. Kolur
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Contributor |
R.A. Yeledahalli
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Subject |
Agribusiness Management
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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. |
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Date |
2016-11-11T14:12:32Z
2016-11-11T14:12:32Z 2011 |
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Type |
Thesis
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Identifier |
http://krishikosh.egranth.ac.in/handle/1/85131
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Format |
application/pdf
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Publisher |
UAS, Dharwad
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