Arrival and Price Behaviour of Soybean in Major Markets of Madhya Pradesh

Publication Date : 16/05/2016

Author(s) :

V.M.Bodade , P.J.Borkar , S.M.Nage .

Volume/Issue :
Volume 2
Issue 12
(05 - 2016)

Abstract :

Soybean is the leading oilseed produced globally. Huge fluctuations in prices of farm produce are observed during past few years. The present study aimed to study price movement of Soybean i.e. seasonal variation, cyclical variation among the major Soybean markets in Madhya Pradesh. For study purpose the data related to monthly average prices and arrivals of Soybean were collected from major markets from different markets in States viz. Betul,Dewas,Dhar, and Indore for the period 2004-2015. Moving average method used to study seasonal variation. The results of study showed that the prices of Soybean were higher in the months from June to August in all selected markets. The cyclical variation observed in the prices of Soybean in the selected markets.

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