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Stability in Sorghum Prices in Maharashtra: An Empirical Analysis

Jimjel Zalkuwi , Jimjel Zalkuwi , Ravishankar Pardhi , Rakesh Singh , Arpita Gangwar

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Indian Journal of Agriculture Business 1(2):p 91-95, Jul-Dec 2015. | DOI:

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Abstract

The paper examined the sorghum prices in Maharashtra state, using 12 years prices obtained from APMC Varanasi and AGMARKNET. The result revealed a very low coefficient of variation (C.V) which is an indication of stability in price of sorghum. In changing climate scenario, farmers are experiencing increased cost of production as well as risk of low output in many crops, which are more remunerative. Due to these high risks, farmers are either under debt or depression. Maharashtra Govt has also put a ban on cultivation of sugarcane due to water crisis in the state. Under these circumstances, sorghum may be an alternative option, being drought tolerance and having very low variability in prices. It is suggested that sorghum production should be encouraged in the Maharashtra and linkage between farmers and processing industry may be strengthened to produce highly nutritive products from sorghum. 

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Sorghum; Sugarcane; Coefficient of Variation (C.V) . 

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