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Vol. 11, Special Issue 1 (2022)

Trend in price of Indian maize

Author(s):
Kolhe PR, Perke DS and Bhosale AS
Abstract:
Maize is India’s third most important cereal crop, after rice and wheat and it is the only cereal crop which can be cultivated throughout the seasons Geetha et al. (2019) [3]. The present study focuses on the export performance of maize from India and estimated trend in prices of maize by using secondary data for the period (1999-2019). To analyse the data (R) software were used. For determining the trend in domestic and international price of maize exponential or non-exponential function were used. The best fitted model was selected on the basis of R2 values of domestic and international prices of maize. The results revealed that in price trend, the best fitted model for domestic price was exponential model with R2 value of 0.90 at 1 per cent level of significance. And for international price quadratic model was best fitted with R2 value of 0.91 which was statistically non-significant.
Pages: 551-553  |  477 Views  242 Downloads
How to cite this article:
Kolhe PR, Perke DS and Bhosale AS. Trend in price of Indian maize. The Pharma Innovation Journal. 2022; 11(1S): 551-553.

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