MARKET DATA

Involves analysis of price trends and changes of a single commodity by comparing current month price to the same month the previous year, the previous month, 6 months and 3-year monthly average. This helps to determine whether the current price trends are normal, lower/higher/ or following a seasonal patterns. The underlying causes in price trends are then inferred. Computationally, a price change/relative is calculated as follows:

% Price Change = (Current Price / Base Price - 1) * 100%

To access market data :

1. From the dashboard, click Market Data & Analysis - > Market Prices on the left side bar menu .

2. From the selection criteria section (the top part) select the following :

  • - Commodity
  • - Unit of measurement
  • - State
  • - Counties of interest based on the state selected
  • - Period
  • - Average years
  • - Series
  • - Check show average on graph (optional)

3. Click Get Data button

Market data results
Generated graph
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