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A REVIEW OF SOYBEAN MARKET DYNAMICS: ARRIVAL PATTERNS AND PRICE FLUCTUATIONS IN AGRICULTURAL PRODUCE MARKET COMMITTEES OF AMRAVATI DISTRICT, MAHARASHTRA

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Name: Priyanka Sudhakar Pardhi, Maan Singh Toor
Country: India
Publication Details
Year: 2024
Volume: Volume-11, Issue-2 (July-December)
Page Number: 88-93
Abstract
This review explores the dynamics of soybean arrivals and prices across Agricultural Produce Market Committees (APMCs) in the Amravati district of Maharashtra. The paper synthesizes research on seasonal patterns, market instabilities, and external factors influencing soybean markets from 2009 to 2023. Soybean cultivation plays a significant role in Maharashtra's agricultural economy, with Amravati district contributing approximately 41.7 percent of the state's total production. This review highlights the importance of understanding cyclical variations in arrivals and prices to improve market efficiency and support farmers' income stability. Research indicates pronounced seasonal variations in soybean arrivals, with peak periods following harvest and minimal arrivals during lean seasons. Prices typically demonstrate an inverse relationship with arrivals, affected by supply-demand dynamics and external factors including climate conditions, government policies, and global market trends. The paper concludes by proposing strategies to mitigate market volatility and enhance the resilience of agricultural markets in the region.
Keywords: Agricultural Produce Market Committee, cyclical variations, soybean arrivals, price analysis, oilseed markets, agricultural economics
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