Survey Data on Farmers Awareness, Perception level towards futures market
Description
Price risk is one of the major source of risk faced by all farmers. This data set captures the information sources used by the farmers for taking pricing decisions. A survey was carried out with 314 Chillies farmers at Ramanathapuram District of TamilNadu, 383 Turmeric Cultivators in the Erode District of TamilNadu and 221 Cardamom growers in Theni District of TamilNadu. The awareness level and perception towards commodity futures market and farmers preference towards usage of marketing alternatives in selling their produce were recorded in the dataset. The dataset is in MS-Excel format.
Files
Steps to reproduce
The data were collected from the farmers through Interview Method. Top three villages by area of cultivation were identified in each of the district and the farmers were contacted personally by the researcher to record the details of farming, mode of selling the produce, interest, awareness, perception towards futures and other preferred marketing alternatives. Future researchers can add other risk management techniques for farmers for data collection. The data set will be helpful for any researcher interested in studying farmers welfare and hedging intention of farmers in commodity futures and options market.