STUDY ON THE VARIABILITY IN PRICES OF SUNFLOWER AT SELECTED MARKETS OF NORTHERN KARNATAKA.

Allappa Shankar Kamble; Vijaya B Wali

Volume : VI, Issue : V, May - 2016

STUDY ON THE VARIABILITY IN PRICES OF SUNFLOWER AT SELECTED MARKETS OF NORTHERN KARNATAKA.

Allappa Shankar Kamble, Vijaya B Wali

Abstract :

The present study analyzes the trends and variability in prices of sunflower in selected markets of northern Karnataka. The time series data over a period of 16 years for Athani and Raibag markets indicated a raising trend and the trend co–efficient of prices were found to be significant. Trend analyses were carried out by fitting suitable polynomials for the prices during the study the period. The results revealed that the prices of sunflower were found to be best fit with a 6th degree polynomial for both the markets having R2 values of 0.91 and 0.96 respectively. It was observed that the maximum price recorded to be 4595 rupees in November during the year 2012 and 4965 rupees in September during the year 2014 of Athani and Raibag market respectively. Results revealed that the minimum price recorded to be 962 rupees in September and 910 rupees in June during the year 1999 of Athani and Raibag market respectively. The 43% and 35% variation in prices was observed in both the markets.