Price Behaviour of Wheat Crop

The Book provides a clear understanding of the price behaviour of foodgrains specially wheat. In general, prices are highly volatile in nature and never remain constant. Prices of different groups of commodities never move in the same direction or with the same speed. Hence, they affect the future of individual group and as well as the whole economy in several ways. Prices of the crop are an important variable for boosting the production in addition to the availability of better seeds and use of modern technology. Higher degrees of fluctuations were observed in prices of agriculture commodities during last two decades. Price variation in the magnitude higher than the desired level affect the production of crops adversely; so there is a need to keep a watch on movement of prices of commodity for deriving suitable agricultural price policy for increasing their production continuously. The study of price behaviour and knowledge of changes in prices over time and space guides the planners in deriving the appropriate price regulation measures for the creation of better marketing facilities. Therefore, the present book will be of immense use to M.Sc.& Ph.D.(Agriculture Economics) scholar