Assessing The Relationship Between Market Arrivals And Prices Of Soybean In Apmcs Of Amravati, Maharashtra
DOI:
https://doi.org/10.64252/c7ce6k22Keywords:
Arrival, Prices, Soybean, APMC (Agricultural Produce Market Committees), Amravati District, Maharashtra.Abstract
Soybean (Glycine max), often referred to as the "Golden Bean," is a vital oilseed crop in India, with Maharashtra being one of the leading states in its cultivation. This study analyzes the trends in market arrivals and price behavior of soybean in the Amravati district using secondary data from seven Agricultural Produce Market Committees (APMCs) Amravati, Achalpur, Chandur Bazar, Daryapur, Morshi, Warud, and AnjangaonSurji for the period 2009–10 to 2022–23. The statistical tools used include coefficient of concurrent deviation, and Karl Pearson’s correlation coefficient to understand the relationships between arrivals and prices. The Karl Pearson correlation coefficients between arrivals and prices varied across markets, with values such as -0.51 in Amravati, -0.38 in Morshi, and -0.62 in Achalpur, indicating a moderate to strong negative relationship. The coefficient of concurrent deviation confirmed this inverse relationship in most APMCs, supporting the general economic principle that higher arrivals often coincide with lower prices. The findings highlight the seasonal nature of soybean marketing, the role of APMCs in price discovery, and the need for policy interventions to improve storage and market access. This research provides practical insights for farmers, traders, and policymakers to enhance soybean market efficiency and income predictability.