Development of picking wise grade standards and study of price behaviour of cotton in Hubli and Raichur markets of karnataka

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Date
2007
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UAS, Dharwad
Abstract
The present study was undertaken in cotton markets of Raichur and Hubli. The specific objectives of the study were the study of spatial and temporal variations in prices of cotton, to develop the picking-wise grade standards in cotton, to study the picking-wise quality and price variation in cotton and to determine the price qualitative and non-qualitative characteristics relationship. The variation in cotton prices were analysed by employing the technique of analysis of variance using the monthly data on minimum prices, maximum prices and modal prices collected from two markets of Raichur and Hubli for different cotton varieties over the time period from 1994 to 2004. Composite indexing technique was employed to develop picking-wise grade standards. For the purpose of identifying the importance of each parameter appropriate weights were assigned to quality factors of cotton. Step-wise multiple regression technique was employed to study the influence of quality and non-quality factors on prices of cotton. A large number of variables were found to be insignificant in determining prices of cotton by visual inspection. It reveals from the previous studies that only eye sight grading is being practiced in almost all the cotton market, by which farmers receives lower price as a result lower returns. The farmers could realise higher price through adoption of scientific grade standards may be notified in all the regulated markets through appropriate legislation for its implementation. There is also need for extension services so as to make aware of the level of pickings and the standards to the farmers through training and demonstrations, to reap the advantages of scientific grading in cotton. It reveals from the study that qualitative factors have influenced the cotton prices to a larger extent. Hence these quality parameters could be improved through advanced technology, research and development.
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