Time series analysis of buffalo price in Haryana
Mondal, P.K.; Pandey, U.K.
Indian Journal of Animal Sciences 65(11): 1263-1268
1995
ISSN/ISBN: 0367-8318 Document Number: 517815
Time series analysis was conducted to work out the seasonality in retail prices of buffaloes based on monthly data for the period 1980-90, collected from the selected markets of Rohtak and Jifid districts in Haryana. When analysed at current and constant prices, the retail prices of buffaloes were minimum in October and maximum in July. At constant prices, retail prices of buffaloes did not differ significantly during April-May and June-July. Furthermore, the retail prices of buffaloes increased by about 8% in July, declined by about 4% in October, and were significantly different in these months as compared to that in other months. The retail prices of buffaloes showed highest variability in February and lowest in December. In general, the retail prices of buffaloes significantly increased both between years and months. In absolute terms the retail prices of buffaloes though increased, yet ill real terms (at constant prices of 1980) declined thereby indicating that the buffaloes rearers were net loosers over time. As compared to winter and rainy seasons, the retail prices of buffaloes had increased faster during summer.