Year: 2017 | Month: September | Volume 62 | Issue 3
A Study on Price Behaviour of Soybean in Southern Rajasthan
DOI:10.5958/0976-4666.2017.00063.8
Abstract:
The present investigation was conducted on price behaviour of soybean in selected district of Southern Rajasthan. For workout the trend, secondary data was collected from 2000 to 2014 from publish government sources. Four markets were selected from four selected district namely Pratapgarh, Chittorgarh, Bhilwara and Banswara. Exponential trend for annual wholesale prices was found to be best fit for all the markets. The time element alone explained 89.3% to 93.0% variations in annual wholesale prices in the selected markets. The result of compound growth rates revealed that wholesale prices of soybean recorded significant growth rates in selected markets of Southern Rajasthan. The compound growth rates ranged from 9.91% per annum in Banswara to 10.08% annum in Pratapgarh market. The extent of intra year price rise varied from 15.62% in Banswara to 17.52% in Nimbahera market. In majority of the markets, the extent of intra year price rice was from 15 to 18%. The smaller magnitude of coefficient of variations (4.57% to 5.61%) indicated that there was greater consistency and smaller variability in the monthly prices of soybean in the selected markets of Southern Rajasthan.
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