TIME-SERIES ANALYSIS OF BUFFALO PRICES IN HARYANA

Time series analysis was conducted to work out the seasonality in reta il prices of buffaloes based on monthly data for the period 1980-90, c ollected from the selected markets of Rohtak and Jind districts in Har yana. When analysed at current and constant prices, the retail prices of buffaloes were minimum in October and maximum in July. At constant prices, retail prices of buffaloes did not differ significantly during April-May and June-July. Furthermore, the retail prices of buffaloes increased by about 8% in July. declined by about 4% in October, and we re significantly different in these months as compared to that in othe r months. The retail prices of buffaloes showed highest variability in February and lowest in December. In general, the retail prices of buf faloes significantly increased both between years and months. In absol ute terms the retail prices of buffaloes though increased, yet in real terms (at constant prices of 1980) declined thereby indicating that t he buffaloes rearers were net loosers over time. As compared to winter and rainy seasons, the retail prices of buffaloes had increased faste r during summer.