Exploring Factors Influencing Price Variation in Wheat and Mustard Agribusiness: A Regional Study of Jaipur and Dausa Districts
Authors:
Gaurav Tiwari, Dr. Swati Mishra
Page No: 114-123
Abstract:
Abstract: Using the Jaipur and Dausa areas of Rajasthan as a case study, this research investigates the variables that affect wheat and mustard agricultural price volatility. The study tries to find out what causes these basic commodities' prices to go up and down by using a holistic approach that incorporates descriptive and time series studies. The research shows that when comparing Jaipur with Dausa, the former has much higher price volatility, with more pronounced seasonal and irregular swings. Major contributors to price instability include factors like regional market dynamics, weather, and supply-demand mismatches. The study shows that bad weather and climatic shocks have a big influence on price volatility, which in turn affects agricultural revenue and market stability. Transportation delays and problems with access to markets are examples of supply chain disruptions that increase price volatility. Important factors that contribute to price volatility include regional market regulations and patterns of seasonal demand. Results highlight need for area-specific plans to mitigate pricing risks, boost market efficiency, and upgrade infrastructure. Technology and improved market data have the ability to stabilise farming processes and reduce price volatility, according to the research. Aiming to stabilise prices and optimise agribusiness operations in the targeted areas, this study offers significant information for policymakers, farmers, and market players.
Description:
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Volume & Issue
Volume-13,ISSUE-12
Keywords
Keywords: Climatic Conditions, Regional Market Dynamics, Supply Chain Disruptions, Market Efficiency, Technological Advancements