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Research Article Open access CC BY 4.0

Trend and Relationship of Market Arrivals and Prices of Major Oilseeds in Krishi Upaj Mandies in Chhattisgarh

Pradip Kumar Patel, Bhag Chandra Jain, Sumit B. Wasnik, Sneha Pandey, Mamta Patel

Asian Journal of Agricultural Extension, Economics & Sociology · pp. 229–236 · Published 17 Jun 2022

10.9734/ajaees/2022/v40i930999

Abstract

Aim: To analysis the trend pattern and correlation of market arrivals and prices of major oilseeds in Krishi Upaj Mandies of Chhattisgarh. Study Design:  The study was based on secondary data. The linear model for trend analysis and Karl Pearson’s correlation coefficient for relationship between arrivals and prices were used in the study. Place and Duration of Study: The study was conducted in four Krishi Upaj Mandies of Chhattisgarh. The monthly wise time series data from period of 2006-07 to 2020-21 were considered for study. Methodology: Four Krishi Upaj Mandies viz., Rajnandgaon, Bemetara, Pathalgaon and Ramanujganj were selected according to collectively maximum arrivals of major oilseeds in Chhattisgarh.  Results: The trend of arrivals of soybean in Rajnandgaon mandi was observed increasing trend over the year. Whereas, Bemetara mandi was shows negative decreasing trend. In case of groundnut positive but least trend were observed in arrivals of all selected mandies. In case of mustard least trend of arrivals was observed in Bemetara and Pathalgaon mandies. While significant increasing trend were noticed in Rajnandgaon and Ramanujganj mandies. The trends of prices of major oilseeds were found to be positively increasing in all selected mandies. The correlation coefficient of arrivals and prices of major oilseeds were positive and significant in all selected mandies except Bemetara and Rajnandgaon mandies. In Bemetara mandi approx no-correlation was found between arrivals and prices of soybean. Whereas Rajnandgaon mandi of mustard crop was seen positive but not significant of any level. Conclusion: The study concludes that the trends of arrivals of major oilseeds in various Mandies were estimated least over the years. The Majorities of Krishi Upaj Mandies were found to be positive and significant correlation between arrivals and prices. It was indicates that the variables of arrivals and prices were significantly associated with each other over the time.

Correlation coefficient groundnut linear model mustard soybean time series data

Cited by 1

Seasonal Behaviour of Arrivals and Prices of Major Crops in Krishi Upaj Mandis of Chhattisgarh, India

O. P. Sonvanee, Pankaj Bhargav, Devendra Kurrey · Asian Journal of Agricultural Extension, Economics & Sociology · 2024

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