Abstract
In recent years, the import of corn and late indica rice is increasing and increasing, because the demand of corn continues to strengthen and price differences at home and abroad exists. This paper wants to establish a comprehensive price forecasting and early-warning system for corn and late indica rice to effectively monitor price fluctuations. In this paper, we first built a combinatorial optimization model to forecast monthly price. Second, we set the early warning signal system of price based on the level of price volatility. Finally, according to the forecast results calculated in the first part, we analyzed and predicted the warning prices of corn and late indica rice in the next 12 months. The result shows in the future 12 months, the price of late indica rice will increase steadily while the corn will fluctuate in a small range.
Supported by Program for Innovation Research in Central University of Finance and Economics and Study on Time Lag Input-Occupancy-Output Technique (61273208).
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Wang, H., Wan, F., Xiao, J., Qu, S. (2014). Forecasting and Early-Warning Research on the Price of China’s Corn and Late Indica Rice. In: Xu, S. (eds) Proceedings of 2013 World Agricultural Outlook Conference. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-54389-0_3
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DOI: https://doi.org/10.1007/978-3-642-54389-0_3
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