Trend in annual wholesale prices and arrivals of wheat in western Uttar Pradesh

Abstract

The present investigation was conducted on trend in prices and arrivals of wheat selected district of western Uttar Pradesh. For workout the trend, secondary data was collected from 2006 to 2015 from publish government sources. Four markets were selected from four selected district namely Aligarh, Mathura, Meerut and Bulandshahr. Exponential model was found to be the best fit for all markets. The estimated coefficient of determination ) for annual wholesale prices of wheat which indicates goodness of fit of the regression line to the given data, ranged from as low as 0.939 for Mathura market to as high as 0.968 for Bulandshahr market while estimated coefficient of determination ) for market arrivals of wheat to the given data, ranged from as low as 0.694 for Aligarh market to as high as 0.792 for Mathurat market. The prices were found to rose significantly during the study period. The result of compound growth rates revealed that wholesale prices of wheat was found significant growth rates in selected market of Western Uttar Pradesh. The compound growth ranged from 5.50 per cent per annum in Meerut and 6.16 per cent annum in Aligarh market.