Agricultural Economics Research Review
  • Year: 2021
  • Volume: 34
  • Issue: conf

Production and marketing status of maize crop in India

  • Author:
  • Surbhi Bansal1, Shruti Mohapatra2,, Arghyadeep Das3, Namami1
  • Total Page Count: 1
  • Page Number: 222 to 222

1Punjab Agricultural University, Ludhiana-141 001

2Sri Sri University, Cuttack-754 006

3ICAR-National Dairy Research Institute, Karnal-132 001

*Corresponding mail – mohapatrashruti1994@gmail.com

Online Published on 16 March, 2022.

Abstract

The study has examined the performance of maize crops concerning area, production and yield in India along with the market integration status of major maize producing states. The study has covered the period from 1960 to 2019. The analysis has been conducted using Autoregressive integrated moving average (ARIMA), compound annual growth rate (CAGR), Johansen co-integration and Granger causality test. The results have depicted a continuous increase in area, production and yield of maize crops in India. The analysis of ACF & PACF of differenced series revealed that ARIMA (0,1,0) for the area, (2,1,3) for production and (2,1,1) for yield was the most suitable model for forecasting. The selected ARIMA model predicted an increase of 10.58 m ha, 35.65 MT and 3390.50 kg/ha increase in maize area, production and yield by 2025. The market integration status has shown that among three major maize producing states, the Punjab market showed unidirectional causality in price transmission with maize price of Madhya Pradesh market and Uttar Pradesh market. The policy intervention calls for strengthening the market intelligence wing in all markets along with the establishment of an online marketing system through computerization and networking.