Demand and supply of cereals in India: 2010-2025

Anand Ganesh-Kumar, Rajesh Mehta, Hemant Pullabhotla, Sanjay K. Prasad, Kavery Ganguly and Ashok Gulati

No 1158, IFPRI discussion papers from International Food Policy Research Institute (IFPRI)

Abstract: This paper attempts to project the future supply and demand up to the year 2025 for rice and wheat, the two main cereals cultivated and consumed in India. A review of studies that forecast the supply and demand of Indian agriculture commodities revealed three important limitations of such studies: (a) The forecasts are generally overestimated (in the ex post situation); (b) the methodology is not clearly outlined; (c) ex-ante validation of the forecast have not been carried out. This study presents forecasts based on models that are validated so that forecast performances can be assessed.

Keywords: Cereal crops; Wheat markets; Rice markets; quadratic almost ideal demand system; Household behavior; Cereal Systems Initiative for South Asia (CSISA) (search for similar items in EconPapers)
Date: 2012
New Economics Papers: this item is included in nep-agr and nep-for
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

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