International Research Journal of Agricultural Economics and Statistics

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A Study of Seasonal Price Behaviour and Market Concentration of Maize in Rajasthan


Affiliations
1 Agro-Economic Research Centre, Sardar Patel Univesity, Vallabh Vidyanagar, ANAND (GUJARAT), India
2 Department of Agricultural Economics and Management, Rajasthan College of Agriculture, Maharana Pratap University of Agriculture and Technology, UDAIPUR (RAJASTHAN), India
     

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The paper investigates the price behaviour of maize and market concentration in Nimbahera market of Rajasthan. In view of this the present study was undertaken by collecting monthly wholesale prices of maize in major maize markets of Rajasthan for a period of 12 years (2002 to 2013). The seasonal price index pro ides a measure of the month to month variation in maize prices. Price of maize was found to be highest during off season and lowest during harvest season. Since maize is a Kharif crop, the arrivals were high during October to January. The higher seasonal indices of prices were observed during April to August during which the arrivals were found to be low. The Lorenz ratio was less than 0.5 in Nimbahera market. it can be concluded that the moderate market competitiveness in markets as the arrivals were concentrated among few large traders. The Lorenz ratio 0.49 for maize in Nimbaheda market showing moderate market concentration.

Keywords

Price, Seasonal, Maize, Market, Arrivals.
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  • A Study of Seasonal Price Behaviour and Market Concentration of Maize in Rajasthan

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Authors

Hemant Sharma
Agro-Economic Research Centre, Sardar Patel Univesity, Vallabh Vidyanagar, ANAND (GUJARAT), India
S. S. Burark
Department of Agricultural Economics and Management, Rajasthan College of Agriculture, Maharana Pratap University of Agriculture and Technology, UDAIPUR (RAJASTHAN), India

Abstract


The paper investigates the price behaviour of maize and market concentration in Nimbahera market of Rajasthan. In view of this the present study was undertaken by collecting monthly wholesale prices of maize in major maize markets of Rajasthan for a period of 12 years (2002 to 2013). The seasonal price index pro ides a measure of the month to month variation in maize prices. Price of maize was found to be highest during off season and lowest during harvest season. Since maize is a Kharif crop, the arrivals were high during October to January. The higher seasonal indices of prices were observed during April to August during which the arrivals were found to be low. The Lorenz ratio was less than 0.5 in Nimbahera market. it can be concluded that the moderate market competitiveness in markets as the arrivals were concentrated among few large traders. The Lorenz ratio 0.49 for maize in Nimbaheda market showing moderate market concentration.

Keywords


Price, Seasonal, Maize, Market, Arrivals.