SlideShare a Scribd company logo
1 of 15
Domestic & Export Market Intelligence Cell
(DEMIC)
Present by:
SONDARVA YAGNESH M
M.Sc. Agriculture (Agril. Extension)
Department of agricultural extension
BACA, AAU ,ANAND
 We now live in a world driven by hyper-competition.
 Hyper-competition is where too many businesses are pursuing too little business;
i.e., there is not enough demand to go around for all providers of goods and
services.
 The knowledge base for managing in this hyper-competitive environment is called
Market Intelligence .
Market Intelligence
Market intelligence is a process of giving you in sights into what might happen in
the near future.
 This process requires that we go from data to information to intelligence.
Know thy-self, know thy competition, and get it right almost every time.
Know thy-self, not know thy competition, and get it right about half the time.
Not know thy-self, not know thy competition, and get it wrong almost every time.
Chinese Proverb
Here is a basic example
 Data - Prices for our products have dropped by 5 percent.
Information - New offshore facilities have lower labour costs.
Intelligence - Our key competitor is about to acquire a facility in India that will.
The differences between data, information, and intelligence can be subtle, but very real.
 Data- Unconnected pieces of information.
 Information - Increased knowledge derived by understanding the relationships
of data.
Intelligence- Organizing the information to fully appreciate the implications
and impact on the organization.
Market Intelligence
 Source for best practices – the only real way to isolate and find “best practices” is to
engage in some form of Market Intelligence ; otherwise you end up relying on crude and
generic type benchmarking data
 Helps formulate strategy through an understanding of your industry, yourself, and your
competitors. Market Intelligence is the essence of strategic business analysis.
 Helps identify areas for improvement as well as risks and opportunities.
 Isolates performance gaps in relation to the competition.
IMPORTANCE OF MARKET INTELIGENCE
Frequent fluctuations in prices affect the farm income adversely and increase risk.
Since farmers have no authentic source from which they could get the information on
future changes in prices, they decide the area under various crops mostly by the price
level prevailed in the previous seasons.
This results in glut and scarcity frequently. After harvesting the crop, the farmers do not
have any information on how the prices would move in the near future; they are not
able to decide the best time of selling their produce even for the commodities that can
be stored for short periods in the farm itself.
So there is an urgent need to establish a permanent mechanism for market intelligence.
DOMESTIC AND EXPORT MARKET INTELLIGENCE CELL
Market information is an important aspect of agricultural production and marketing.
The importance of sound agricultural marketing policies for ensuring fair returns to the farmers cannot be
overemphasized.
There are wide differences between the prices realized by the farmers and the prices paid by the consumers for
most of the crops.
Almost all States and Union Territories are providing market information in one form or the other for the benefits
of market users like producers, traders, and consumers.
However, the information is collected and disseminated by use of conventional methods causing inordinate delay
in communicating to different groups and this, in turn, adversely affects the farmers in taking proper marketing
decisions i.e, whether to sell immediately or store the produce, whether to market the produce inland or overseas,
where to sell in domestic markets, during which part of the year he can get remunerative prices etc.
Globalization of agriculture has also opened up opportunities for export of agricultural commodities for which
demand by importing countries and their quality specification and standards should be made available to domestic
exporters to pave for export led growth. The farmers should also be made aware of the consequences of imports
on domestic prices. All the above emphasized the need for establishing the Domestic and Export Market
Intelligence Cell (DEMIC).
the Domestic and Export Market Intelligence Cell (DEMIC) was established
in November 2004 at Centre for Agricultural and Rural Development
Studies (CARDS) in Tamil Nadu Agricultural University, Coimbatore with the
financial assistance from Tamil Nadu State Agricultural Marketing Board, and
Department Agricultural Marketing and Agri Business.
 To disseminate timely, comprehensive, current and future price
information on agricultural commodities for better decision-making by
farming community, traders, firms, researchers and policy makers.
Objective of DEMIC
Domestic and Export Market Intelligence Cell (DEMIC)
1.
To forecast the supply and demand of important agricultural commodities
in Tamilnadu
2. To forecast future prices of major agricultural commodities
3.
To study the state and national market situation related to important
commodities
4.
To disseminate the market and price information to the farmers for
planning, production and holding stocks, and then sell at higher prices and
5. To suggest policy measures to the Government of Tamil Nadu
Objectives
The major activities of the cell is to collect real time data on arrivals, prices and transaction of important
agricultural commodities from Regulated Markets in Tamil Nadu, conducting market surveys, compiling
commodity reports and assessing export opportunities of agricultural commodities.
Using these data, the cell forecasts the prices of different commodities on a regular basis and the same is
transmitted to the farmers through Radio, Television and Newspapers and web developed for this purpose.
(www.tnagmark.tn.nic.in).
Now all the stakeholders can access the real time price of agricultural commodities variety wise, grade wise
from all the major market centers of India in English and Tamil covering more than 500 markets.
Apart from price information, other useful information available in the website are export procedures, export
standards for various agricultural commodities, infrastructure facilities (ports, air cargo, railways, rural
godowns, etc.), agri-export zones, food processing, post - harvesttechnology and other useful links to various
related websites.
An e-mail newsletter focussing on technical and market related information at domestic and international
levels has been developed by DEMIC in the banner of “DEMIC Info Series” to sensitize the stakeholders and
scientists.
Approach
 Turmeric - June 1st week
 Cotton - June 2nd week
 Onion - July 1st or 2nd week
 Maize - August, September
 Banana - August, September
 Chillies - August
 Groundnut - September
 Gingelly - October
 Tapioca - October, November
 Potato - December
 Black gram - May
 Green gram – May
 Price forecasts are done with the help of various statistical methods by utilizing historical data and market
surveys.
 Validation is important for measuring goodness of any forecast.
 The forecast validation percentage of DEMIC scheduled crops was above 90 per cent.
 This shows the core strength of DEMIC.
Commodities and forecast schedule
Collaborating Institutions:
This was an initiative of Indian Council of Agricultural Research under the National Agricultural Innovation
Project (NAIP). In order to provide market advisories to farmers, a Consortium of the following eleven
Agricultural Universities was formed:
I. Tamil Nadu Agricultural University, Coimbatore, Tamilnadu (Lead Institute)
II. Kerala Agricultural University, Trissur, Kerala
III. University of Agricultural Sciences, Bangalore, Karnataka
IV. University of Agricultural Sciences, Dharwad, Karnataka
V. Acharya N G Ranga Agricultural University (ANGRAU), Hyderabad, Andhra Pradesh
VI. Dr. Panjab Rao Desmukh Krishi Vidyapeeth, Akola, Maharashtra
VII. Junagadh Agricultural University, Junagadh, Gujarat
VIII. Punjab Agricultural University, Ludhiana, Punjab
IX. G B Pant Agricultural University, Pant Nagar, Uttarakhand
X. CCS Haryana Agricultural University, Hissar, Haryana
XI. Maharana Pratap University of Agriculture and Technology, Udaipur, Rajasthan
Networking of Market Intelligence Centers in India
THANK YOU

More Related Content

What's hot

Market led extension
Market led extensionMarket led extension
Market led extensionPreety Das
 
Agricultural market intelligence system in india
Agricultural market intelligence system in indiaAgricultural market intelligence system in india
Agricultural market intelligence system in indiaKavi Priya J
 
Application of ICT in Agriculture
Application of ICT in AgricultureApplication of ICT in Agriculture
Application of ICT in AgricultureDrSKGOYAL
 
Nature, scope and significance of Agricultural Production Economics
 Nature, scope and significance of Agricultural Production Economics Nature, scope and significance of Agricultural Production Economics
Nature, scope and significance of Agricultural Production EconomicsRAVI SAHU
 
importance of agribusiness in Indian economy
importance of agribusiness in Indian economy importance of agribusiness in Indian economy
importance of agribusiness in Indian economy Abhiishek91
 
SUPPLY CHAIN MANAGEMENT
SUPPLY CHAIN MANAGEMENTSUPPLY CHAIN MANAGEMENT
SUPPLY CHAIN MANAGEMENTDronak Sahu
 
Lecture 12 economic principles applicable to farm management
Lecture 12   economic principles applicable to farm managementLecture 12   economic principles applicable to farm management
Lecture 12 economic principles applicable to farm managementB SWAMINATHAN
 
Implementation and impact of IPM. Safety issues in pesticide use. Political, ...
Implementation and impact of IPM. Safety issues in pesticide use. Political, ...Implementation and impact of IPM. Safety issues in pesticide use. Political, ...
Implementation and impact of IPM. Safety issues in pesticide use. Political, ...Nikhil Kumar
 
Fertilizer recommendation using geospatial technology
Fertilizer recommendation using geospatial technologyFertilizer recommendation using geospatial technology
Fertilizer recommendation using geospatial technologyVinodbharti6
 
Price spread and marketing efficiency
Price spread and marketing efficiencyPrice spread and marketing efficiency
Price spread and marketing efficiencySakthivel R
 
Seed production agency and seed marketing in India
Seed production agency and seed marketing in IndiaSeed production agency and seed marketing in India
Seed production agency and seed marketing in Indiasangacib
 
SEED PRODUCTION AND MARKETING
SEED PRODUCTION AND MARKETINGSEED PRODUCTION AND MARKETING
SEED PRODUCTION AND MARKETINGAbhishek Malpani
 

What's hot (20)

Regulated markets system in India
Regulated markets system in IndiaRegulated markets system in India
Regulated markets system in India
 
Market led extension
Market led extensionMarket led extension
Market led extension
 
Agri Input marketing
Agri Input marketingAgri Input marketing
Agri Input marketing
 
Agricultural market intelligence system in india
Agricultural market intelligence system in indiaAgricultural market intelligence system in india
Agricultural market intelligence system in india
 
Application of ICT in Agriculture
Application of ICT in AgricultureApplication of ICT in Agriculture
Application of ICT in Agriculture
 
Nature, scope and significance of Agricultural Production Economics
 Nature, scope and significance of Agricultural Production Economics Nature, scope and significance of Agricultural Production Economics
Nature, scope and significance of Agricultural Production Economics
 
importance of agribusiness in Indian economy
importance of agribusiness in Indian economy importance of agribusiness in Indian economy
importance of agribusiness in Indian economy
 
Role of Agmarknet
Role of AgmarknetRole of Agmarknet
Role of Agmarknet
 
SUPPLY CHAIN MANAGEMENT
SUPPLY CHAIN MANAGEMENTSUPPLY CHAIN MANAGEMENT
SUPPLY CHAIN MANAGEMENT
 
Lecture 12 economic principles applicable to farm management
Lecture 12   economic principles applicable to farm managementLecture 12   economic principles applicable to farm management
Lecture 12 economic principles applicable to farm management
 
Agricultural marketing
Agricultural marketing Agricultural marketing
Agricultural marketing
 
Implementation and impact of IPM. Safety issues in pesticide use. Political, ...
Implementation and impact of IPM. Safety issues in pesticide use. Political, ...Implementation and impact of IPM. Safety issues in pesticide use. Political, ...
Implementation and impact of IPM. Safety issues in pesticide use. Political, ...
 
Marketing channel
Marketing channelMarketing channel
Marketing channel
 
Precision farming 1
Precision farming 1Precision farming 1
Precision farming 1
 
Fertilizer recommendation using geospatial technology
Fertilizer recommendation using geospatial technologyFertilizer recommendation using geospatial technology
Fertilizer recommendation using geospatial technology
 
Price spread and marketing efficiency
Price spread and marketing efficiencyPrice spread and marketing efficiency
Price spread and marketing efficiency
 
Rawe Report
Rawe ReportRawe Report
Rawe Report
 
Seed production agency and seed marketing in India
Seed production agency and seed marketing in IndiaSeed production agency and seed marketing in India
Seed production agency and seed marketing in India
 
SEED PRODUCTION AND MARKETING
SEED PRODUCTION AND MARKETINGSEED PRODUCTION AND MARKETING
SEED PRODUCTION AND MARKETING
 
Aae 301
Aae 301Aae 301
Aae 301
 

Viewers also liked

Viewers also liked (12)

Price forecasting
Price forecastingPrice forecasting
Price forecasting
 
Communication process
Communication processCommunication process
Communication process
 
2 economic concepts relevant to business
2 economic concepts relevant to business2 economic concepts relevant to business
2 economic concepts relevant to business
 
Costs and revenues
Costs and revenuesCosts and revenues
Costs and revenues
 
Management information system
Management information systemManagement information system
Management information system
 
Management Information System
Management Information SystemManagement Information System
Management Information System
 
M.I.S
M.I.SM.I.S
M.I.S
 
Managerial Economics: Meaning, scope and methods of Managerial Economics
Managerial Economics: Meaning, scope and methods of Managerial Economics  Managerial Economics: Meaning, scope and methods of Managerial Economics
Managerial Economics: Meaning, scope and methods of Managerial Economics
 
Management information system
Management information system Management information system
Management information system
 
Consumption function
Consumption functionConsumption function
Consumption function
 
Management information system
Management information systemManagement information system
Management information system
 
Management Information System (MIS)
Management Information System (MIS)Management Information System (MIS)
Management Information System (MIS)
 

Similar to Domestic & Export Market Intelligence Cell (DEMIC)

Marketing intelligence system
Marketing intelligence systemMarketing intelligence system
Marketing intelligence systemAnilBhat34
 
Potential Implications of Production and Market Risks on Potato Farming Enter...
Potential Implications of Production and Market Risks on Potato Farming Enter...Potential Implications of Production and Market Risks on Potato Farming Enter...
Potential Implications of Production and Market Risks on Potato Farming Enter...ijtsrd
 
FINAL IG BLACKBOOK (1)
FINAL IG BLACKBOOK (1)FINAL IG BLACKBOOK (1)
FINAL IG BLACKBOOK (1)Arun rana
 
Development of a Mobile Application for Connecting Farmers with Traders and a...
Development of a Mobile Application for Connecting Farmers with Traders and a...Development of a Mobile Application for Connecting Farmers with Traders and a...
Development of a Mobile Application for Connecting Farmers with Traders and a...IRJET Journal
 
Agricultural marketing
Agricultural marketingAgricultural marketing
Agricultural marketingAli Hyder
 
Agricultural marketing
Agricultural marketingAgricultural marketing
Agricultural marketingAli Hyder
 
Information Communication Technology and Indian Agriculture
Information Communication Technology and Indian AgricultureInformation Communication Technology and Indian Agriculture
Information Communication Technology and Indian Agricultureijtsrd
 
amrapali#complaints(Domestic market research)
amrapali#complaints(Domestic market research)amrapali#complaints(Domestic market research)
amrapali#complaints(Domestic market research)amrapali-complaint
 
Agricultural Marketing Information System in India
Agricultural Marketing Information System in IndiaAgricultural Marketing Information System in India
Agricultural Marketing Information System in IndiaAttaluri Srinivasacharyulu
 
master seminar on market led extension
master seminar on market led extensionmaster seminar on market led extension
master seminar on market led extensionRameshwar sahu
 
Precision livestock farming market
Precision livestock farming marketPrecision livestock farming market
Precision livestock farming marketsagarkangude
 
Problem of agricultural marketing in india
Problem of agricultural marketing in indiaProblem of agricultural marketing in india
Problem of agricultural marketing in indiaSouvik Roy
 
Smart agriculture market
Smart agriculture marketSmart agriculture market
Smart agriculture marketVikasDeshmukh17
 
Smart Agriculture Market
Smart Agriculture MarketSmart Agriculture Market
Smart Agriculture Marketarchanamohol
 
Ict extension approaches prerequisites
Ict extension approaches prerequisitesIct extension approaches prerequisites
Ict extension approaches prerequisitesNaresh Kumar
 

Similar to Domestic & Export Market Intelligence Cell (DEMIC) (20)

Marketing intelligence system
Marketing intelligence systemMarketing intelligence system
Marketing intelligence system
 
Potential Implications of Production and Market Risks on Potato Farming Enter...
Potential Implications of Production and Market Risks on Potato Farming Enter...Potential Implications of Production and Market Risks on Potato Farming Enter...
Potential Implications of Production and Market Risks on Potato Farming Enter...
 
FINAL IG BLACKBOOK (1)
FINAL IG BLACKBOOK (1)FINAL IG BLACKBOOK (1)
FINAL IG BLACKBOOK (1)
 
Development of a Mobile Application for Connecting Farmers with Traders and a...
Development of a Mobile Application for Connecting Farmers with Traders and a...Development of a Mobile Application for Connecting Farmers with Traders and a...
Development of a Mobile Application for Connecting Farmers with Traders and a...
 
Agricultural marketing
Agricultural marketingAgricultural marketing
Agricultural marketing
 
Agricultural marketing
Agricultural marketingAgricultural marketing
Agricultural marketing
 
Information Communication Technology and Indian Agriculture
Information Communication Technology and Indian AgricultureInformation Communication Technology and Indian Agriculture
Information Communication Technology and Indian Agriculture
 
amrapali#complaints(Domestic market research)
amrapali#complaints(Domestic market research)amrapali#complaints(Domestic market research)
amrapali#complaints(Domestic market research)
 
Agricultural Marketing Information System in India
Agricultural Marketing Information System in IndiaAgricultural Marketing Information System in India
Agricultural Marketing Information System in India
 
master seminar on market led extension
master seminar on market led extensionmaster seminar on market led extension
master seminar on market led extension
 
ICT important 1.pdf
ICT important 1.pdfICT important 1.pdf
ICT important 1.pdf
 
Agriwatch A Profile
Agriwatch   A ProfileAgriwatch   A Profile
Agriwatch A Profile
 
Need Of Market Led Extension For Linking Farmers Lrt
Need Of Market Led Extension For Linking Farmers LrtNeed Of Market Led Extension For Linking Farmers Lrt
Need Of Market Led Extension For Linking Farmers Lrt
 
Precision livestock farming market
Precision livestock farming marketPrecision livestock farming market
Precision livestock farming market
 
Presentation-e-NAM.pptx
Presentation-e-NAM.pptxPresentation-e-NAM.pptx
Presentation-e-NAM.pptx
 
Problem of agricultural marketing in india
Problem of agricultural marketing in indiaProblem of agricultural marketing in india
Problem of agricultural marketing in india
 
Innovations in M Agriculture Lessons from India
Innovations in M Agriculture Lessons from IndiaInnovations in M Agriculture Lessons from India
Innovations in M Agriculture Lessons from India
 
Smart agriculture market
Smart agriculture marketSmart agriculture market
Smart agriculture market
 
Smart Agriculture Market
Smart Agriculture MarketSmart Agriculture Market
Smart Agriculture Market
 
Ict extension approaches prerequisites
Ict extension approaches prerequisitesIct extension approaches prerequisites
Ict extension approaches prerequisites
 

More from Yagnesh sondarva

More from Yagnesh sondarva (20)

Competncy management
Competncy managementCompetncy management
Competncy management
 
Leadership
LeadershipLeadership
Leadership
 
ICT Extension approaches-pre-requisites Information and science needs of ...
 ICT Extension approaches-pre-requisites   Information  and science needs of ... ICT Extension approaches-pre-requisites   Information  and science needs of ...
ICT Extension approaches-pre-requisites Information and science needs of ...
 
climate smart agriculture concept and its application in India
climate smart agriculture concept and its application in Indiaclimate smart agriculture concept and its application in India
climate smart agriculture concept and its application in India
 
E chaupal
E chaupalE chaupal
E chaupal
 
Falk media
Falk mediaFalk media
Falk media
 
E NAM
E NAM E NAM
E NAM
 
Hypothesis and types of variables
Hypothesis and types of variables Hypothesis and types of variables
Hypothesis and types of variables
 
Extension system of ICAR & SAUs
Extension system of  ICAR &  SAUsExtension system of  ICAR &  SAUs
Extension system of ICAR & SAUs
 
Adult education
Adult educationAdult education
Adult education
 
Distance education
Distance educationDistance education
Distance education
 
Market led extension
Market led extensionMarket led extension
Market led extension
 
POVERTY ALLEVIATION PROGRAMME11
POVERTY ALLEVIATION PROGRAMME11POVERTY ALLEVIATION PROGRAMME11
POVERTY ALLEVIATION PROGRAMME11
 
NAIP
NAIPNAIP
NAIP
 
final interviwe skill
final interviwe skillfinal interviwe skill
final interviwe skill
 
interview skill
interview skillinterview skill
interview skill
 
handling of ICT tools
handling of ICT tools handling of ICT tools
handling of ICT tools
 
Dairy industry in India
Dairy industry in India Dairy industry in India
Dairy industry in India
 
Television for agricultural communication
Television for agricultural communicationTelevision for agricultural communication
Television for agricultural communication
 
Organization of an audio –visual programme
Organization of an audio –visual programmeOrganization of an audio –visual programme
Organization of an audio –visual programme
 

Recently uploaded

Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3JemimahLaneBuaron
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactdawncurless
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxSayali Powar
 
Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Celine George
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityGeoBlogs
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxGaneshChakor2
 
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...Sapna Thakur
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introductionMaksud Ahmed
 
Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationnomboosow
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfsanyamsingh5019
 
1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi  6.pdf1029-Danh muc Sach Giao Khoa khoi  6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdfQucHHunhnh
 
Russian Call Girls in Andheri Airport Mumbai WhatsApp 9167673311 💞 Full Nigh...
Russian Call Girls in Andheri Airport Mumbai WhatsApp  9167673311 💞 Full Nigh...Russian Call Girls in Andheri Airport Mumbai WhatsApp  9167673311 💞 Full Nigh...
Russian Call Girls in Andheri Airport Mumbai WhatsApp 9167673311 💞 Full Nigh...Pooja Nehwal
 
Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..Disha Kariya
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdfQucHHunhnh
 
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...anjaliyadav012327
 
Measures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDMeasures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDThiyagu K
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactPECB
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfJayanti Pande
 
Student login on Anyboli platform.helpin
Student login on Anyboli platform.helpinStudent login on Anyboli platform.helpin
Student login on Anyboli platform.helpinRaunakKeshri1
 

Recently uploaded (20)

Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3Q4-W6-Restating Informational Text Grade 3
Q4-W6-Restating Informational Text Grade 3
 
Accessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impactAccessible design: Minimum effort, maximum impact
Accessible design: Minimum effort, maximum impact
 
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptxPOINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
POINT- BIOCHEMISTRY SEM 2 ENZYMES UNIT 5.pptx
 
Advance Mobile Application Development class 07
Advance Mobile Application Development class 07Advance Mobile Application Development class 07
Advance Mobile Application Development class 07
 
Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17Advanced Views - Calendar View in Odoo 17
Advanced Views - Calendar View in Odoo 17
 
Paris 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activityParis 2024 Olympic Geographies - an activity
Paris 2024 Olympic Geographies - an activity
 
CARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptxCARE OF CHILD IN INCUBATOR..........pptx
CARE OF CHILD IN INCUBATOR..........pptx
 
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
BAG TECHNIQUE Bag technique-a tool making use of public health bag through wh...
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introduction
 
Interactive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communicationInteractive Powerpoint_How to Master effective communication
Interactive Powerpoint_How to Master effective communication
 
Sanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdfSanyam Choudhary Chemistry practical.pdf
Sanyam Choudhary Chemistry practical.pdf
 
1029-Danh muc Sach Giao Khoa khoi 6.pdf
1029-Danh muc Sach Giao Khoa khoi  6.pdf1029-Danh muc Sach Giao Khoa khoi  6.pdf
1029-Danh muc Sach Giao Khoa khoi 6.pdf
 
Russian Call Girls in Andheri Airport Mumbai WhatsApp 9167673311 💞 Full Nigh...
Russian Call Girls in Andheri Airport Mumbai WhatsApp  9167673311 💞 Full Nigh...Russian Call Girls in Andheri Airport Mumbai WhatsApp  9167673311 💞 Full Nigh...
Russian Call Girls in Andheri Airport Mumbai WhatsApp 9167673311 💞 Full Nigh...
 
Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..Sports & Fitness Value Added Course FY..
Sports & Fitness Value Added Course FY..
 
1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
 
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
JAPAN: ORGANISATION OF PMDA, PHARMACEUTICAL LAWS & REGULATIONS, TYPES OF REGI...
 
Measures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SDMeasures of Dispersion and Variability: Range, QD, AD and SD
Measures of Dispersion and Variability: Range, QD, AD and SD
 
Beyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global ImpactBeyond the EU: DORA and NIS 2 Directive's Global Impact
Beyond the EU: DORA and NIS 2 Directive's Global Impact
 
Web & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdfWeb & Social Media Analytics Previous Year Question Paper.pdf
Web & Social Media Analytics Previous Year Question Paper.pdf
 
Student login on Anyboli platform.helpin
Student login on Anyboli platform.helpinStudent login on Anyboli platform.helpin
Student login on Anyboli platform.helpin
 

Domestic & Export Market Intelligence Cell (DEMIC)

  • 1. Domestic & Export Market Intelligence Cell (DEMIC) Present by: SONDARVA YAGNESH M M.Sc. Agriculture (Agril. Extension) Department of agricultural extension BACA, AAU ,ANAND
  • 2.  We now live in a world driven by hyper-competition.  Hyper-competition is where too many businesses are pursuing too little business; i.e., there is not enough demand to go around for all providers of goods and services.  The knowledge base for managing in this hyper-competitive environment is called Market Intelligence . Market Intelligence Market intelligence is a process of giving you in sights into what might happen in the near future.  This process requires that we go from data to information to intelligence. Know thy-self, know thy competition, and get it right almost every time. Know thy-self, not know thy competition, and get it right about half the time. Not know thy-self, not know thy competition, and get it wrong almost every time. Chinese Proverb
  • 3. Here is a basic example  Data - Prices for our products have dropped by 5 percent. Information - New offshore facilities have lower labour costs. Intelligence - Our key competitor is about to acquire a facility in India that will. The differences between data, information, and intelligence can be subtle, but very real.  Data- Unconnected pieces of information.  Information - Increased knowledge derived by understanding the relationships of data. Intelligence- Organizing the information to fully appreciate the implications and impact on the organization. Market Intelligence
  • 4.  Source for best practices – the only real way to isolate and find “best practices” is to engage in some form of Market Intelligence ; otherwise you end up relying on crude and generic type benchmarking data  Helps formulate strategy through an understanding of your industry, yourself, and your competitors. Market Intelligence is the essence of strategic business analysis.  Helps identify areas for improvement as well as risks and opportunities.  Isolates performance gaps in relation to the competition. IMPORTANCE OF MARKET INTELIGENCE
  • 5. Frequent fluctuations in prices affect the farm income adversely and increase risk. Since farmers have no authentic source from which they could get the information on future changes in prices, they decide the area under various crops mostly by the price level prevailed in the previous seasons. This results in glut and scarcity frequently. After harvesting the crop, the farmers do not have any information on how the prices would move in the near future; they are not able to decide the best time of selling their produce even for the commodities that can be stored for short periods in the farm itself. So there is an urgent need to establish a permanent mechanism for market intelligence. DOMESTIC AND EXPORT MARKET INTELLIGENCE CELL
  • 6. Market information is an important aspect of agricultural production and marketing. The importance of sound agricultural marketing policies for ensuring fair returns to the farmers cannot be overemphasized. There are wide differences between the prices realized by the farmers and the prices paid by the consumers for most of the crops. Almost all States and Union Territories are providing market information in one form or the other for the benefits of market users like producers, traders, and consumers. However, the information is collected and disseminated by use of conventional methods causing inordinate delay in communicating to different groups and this, in turn, adversely affects the farmers in taking proper marketing decisions i.e, whether to sell immediately or store the produce, whether to market the produce inland or overseas, where to sell in domestic markets, during which part of the year he can get remunerative prices etc. Globalization of agriculture has also opened up opportunities for export of agricultural commodities for which demand by importing countries and their quality specification and standards should be made available to domestic exporters to pave for export led growth. The farmers should also be made aware of the consequences of imports on domestic prices. All the above emphasized the need for establishing the Domestic and Export Market Intelligence Cell (DEMIC).
  • 7. the Domestic and Export Market Intelligence Cell (DEMIC) was established in November 2004 at Centre for Agricultural and Rural Development Studies (CARDS) in Tamil Nadu Agricultural University, Coimbatore with the financial assistance from Tamil Nadu State Agricultural Marketing Board, and Department Agricultural Marketing and Agri Business.  To disseminate timely, comprehensive, current and future price information on agricultural commodities for better decision-making by farming community, traders, firms, researchers and policy makers. Objective of DEMIC Domestic and Export Market Intelligence Cell (DEMIC)
  • 8.
  • 9. 1. To forecast the supply and demand of important agricultural commodities in Tamilnadu 2. To forecast future prices of major agricultural commodities 3. To study the state and national market situation related to important commodities 4. To disseminate the market and price information to the farmers for planning, production and holding stocks, and then sell at higher prices and 5. To suggest policy measures to the Government of Tamil Nadu Objectives
  • 10. The major activities of the cell is to collect real time data on arrivals, prices and transaction of important agricultural commodities from Regulated Markets in Tamil Nadu, conducting market surveys, compiling commodity reports and assessing export opportunities of agricultural commodities. Using these data, the cell forecasts the prices of different commodities on a regular basis and the same is transmitted to the farmers through Radio, Television and Newspapers and web developed for this purpose. (www.tnagmark.tn.nic.in). Now all the stakeholders can access the real time price of agricultural commodities variety wise, grade wise from all the major market centers of India in English and Tamil covering more than 500 markets. Apart from price information, other useful information available in the website are export procedures, export standards for various agricultural commodities, infrastructure facilities (ports, air cargo, railways, rural godowns, etc.), agri-export zones, food processing, post - harvesttechnology and other useful links to various related websites. An e-mail newsletter focussing on technical and market related information at domestic and international levels has been developed by DEMIC in the banner of “DEMIC Info Series” to sensitize the stakeholders and scientists. Approach
  • 11.
  • 12.  Turmeric - June 1st week  Cotton - June 2nd week  Onion - July 1st or 2nd week  Maize - August, September  Banana - August, September  Chillies - August  Groundnut - September  Gingelly - October  Tapioca - October, November  Potato - December  Black gram - May  Green gram – May  Price forecasts are done with the help of various statistical methods by utilizing historical data and market surveys.  Validation is important for measuring goodness of any forecast.  The forecast validation percentage of DEMIC scheduled crops was above 90 per cent.  This shows the core strength of DEMIC. Commodities and forecast schedule
  • 14. This was an initiative of Indian Council of Agricultural Research under the National Agricultural Innovation Project (NAIP). In order to provide market advisories to farmers, a Consortium of the following eleven Agricultural Universities was formed: I. Tamil Nadu Agricultural University, Coimbatore, Tamilnadu (Lead Institute) II. Kerala Agricultural University, Trissur, Kerala III. University of Agricultural Sciences, Bangalore, Karnataka IV. University of Agricultural Sciences, Dharwad, Karnataka V. Acharya N G Ranga Agricultural University (ANGRAU), Hyderabad, Andhra Pradesh VI. Dr. Panjab Rao Desmukh Krishi Vidyapeeth, Akola, Maharashtra VII. Junagadh Agricultural University, Junagadh, Gujarat VIII. Punjab Agricultural University, Ludhiana, Punjab IX. G B Pant Agricultural University, Pant Nagar, Uttarakhand X. CCS Haryana Agricultural University, Hissar, Haryana XI. Maharana Pratap University of Agriculture and Technology, Udaipur, Rajasthan Networking of Market Intelligence Centers in India