Articles | Open Access | DOI: https://doi.org/10.37547/tajmei/Volume05Issue07-01

EMPOWERING FARMERS THROUGH FUTURE PRICE INFORMATION: A CASE STUDY OF BRINJAL PRICE FORECASTING IN EASTERN UTTAR PRADESH

Venkatesh G.K , Department of Agricultural Economics, Institute of Agricultural Sciences, BHU, Varanasi (Uttar Pradesh), India

Abstract

Access to accurate and timely price information is crucial for farmers to make informed decisions about crop production, marketing, and sales. This study presents a case study of brinjal price forecasting in Eastern Uttar Pradesh, aiming to empower farmers by providing them with future price information. The study utilizes historical price data, market trends, weather patterns, and other relevant factors to develop a forecasting model for brinjal prices. The accuracy of the forecasted prices is evaluated, and the implications for farmers' decision-making and economic outcomes are discussed. The findings highlight the potential benefits of price forecasting in enabling farmers to optimize their production, pricing, and sales strategies, ultimately improving their livelihoods and contributing to the overall agricultural sector's efficiency.

Keywords

Price forecasting, brinjal, agricultural economics

References

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Venkatesh G.K. (2023). EMPOWERING FARMERS THROUGH FUTURE PRICE INFORMATION: A CASE STUDY OF BRINJAL PRICE FORECASTING IN EASTERN UTTAR PRADESH. The American Journal of Management and Economics Innovations, 5(07), 01–04. https://doi.org/10.37547/tajmei/Volume05Issue07-01