Price analysis of soyabean in agricultural produce market committee Ahmednagar Maharashtra

Abstract

Nine oilseeds are the primary source of vegetable oils in the country, which are largely grown under rainfed condition over an area of about 26 million ha. Among these, soybean (34%), groundnut (27%), rapeseed & mustard (27%) contributes to more than 88% of total oilseeds production and more than 80 per cent of vegetable oil with major share of mustard (35%), soybean (23%) and groundnut (25%). The present study was undertaken the Price Analysis of oilseeds in APMC, Ahmednagar Maharashtra. The secondary data of arrivals and prices of major oilseeds (soyabean) was collected from APMC Ahmednagar (10 years from the years 2009-10 to 2017-18). In overall level, an arrival of soyabean was increased by 4.93 per cent and prices were increased by 9.78 per cent at overall level. The price index for the month of May was the highest 85.47 per cent followed by August 85.47 per cent. The correlation coefficients of soyabean was negative during the whole year indicating that increased arrivals resulted into decreased in prices; in this case the phenomenon of inverse relationship is proved.