Graphically Observed Price Patterns in Phase-I Agricultural Marketing Data of District Sultanpur

The marketing data of Sultanpur of 51 commodities gathered during the period of October 1997 to August 2002 when they were transmitted to Lucknow by Senior Agricultural Marketing Inspector (SAMI) office through NICNET, have been consolidated in a suitable format showing them date as well as month wise. The monthly arrivals and retail prices of some sample products have also been depicted graphically to have a quick view of the pattern and tendency of price hike or decline at Sultanpur and Jafarganj markets. A brief observation of inflation rates for the months has been made too by plotting the values against time. In addition, the correlation coefficients (r), a measure of relationship between two sets of parameters are also calculated for improved numerical study of the market data. Results obtained show some important features such as missing of any strong relation between sales prices of agricultural commodities of daily needs and prevailing inflation. It is further observed that Sultanpur cereals’ market is little bit costlier than the Jafarganj. The work is done to provide an instantaneous view of the markets of Sultanpur and Jafarganj to the persons involved in agricultural business to provide them quick accessibility to the past data for reference. This may also prove useful for local administration to make future planning to maintain the demand and supply of various commodities in balance.