Introduction
Working as an analyst for the World Bank’s Digital Development initiative, which focuses on expanding access to internet that is both quick and affordable, as well as building online platforms that are trustworthy and enable improved service delivery, good governance, and social responsibility. As an analyst, it is your duty to choose ten countries that, in your professional opinion, have the most potential to profit from receiving help in order to achieve digital progress and should be prioritised. When choosing which countries will get assistance, both their degree of current need and their potential to put that assistance to good use will be taken into account throughout the selection process. Even while food prices in many developing countries have continued to rise dramatically, the overall market circumstances for staple foods seemed to be positive prior to the crisis, and the World Bank believes that prices of basic foods will be lower by 2022 as a result of this. In response to the intensification of the battle, the stock and bond markets are presently experiencing extreme volatility (Kukar,2019).
When the news was out, the financial markets crashed and commodities prices jumped almost instantly. The cost was too costly. To mark the occasion, oil prices rose beyond $105 per barrel for the first time on February 24th. There is a total of ten thousand thousand dollars in the bank accounts of Ukraine and Russia (Evstatiev,2019).
Short Literature
Approximately 30 percent of worldwide wheat exports are believed to come from this region, according to current estimates. Located in Ukraine, the Odessa Harbor and the Black Sea both serve as important transportation hubs for Ukrainian grain exports to international markets. A substantial amount of barley is also exported from the nation.
Information technology operations and development have reached the opinion that a questionnaire is the most efficient approach to collect data on the ages, genders, preferences, moods, and listening times of listeners. They came to this result after doing research into the topic. On the website of the radio station, they develop a questionnaire that can be completed and submitted online by the station’s listeners. Listeners who take part in the survey are put into a drawing for the opportunity to win prizes donated by the poll’s sponsors. Announcements and advertising of the survey are made live on the air. In an atmosphere that is focused on technology, the act of gathering data makes it possible to generate new operational data sources. It is the responsibility of operational staff and developers from IT operations and development, respectively, to monitor and manage the process. Using the technologies that are linked with ETL, the database expert or the ETL developer is now continuously moving the fresh data source into the data warehouse. At this stage, it is merged with the several other datasets that the radio station already has (for instance, the database on past aired radio programs). After the process of combining the two sets of data has been finished, the data are then sent to a data mart site, where the analyst will be able to access them.
Since the environment necessary for analysis has now been established, the analyst has access to the data and can initiate the process of turning the data that has been gathered and combined from the data warehouse into information and knowledge. This is because the analyst now has both access to the data and the ability to begin the process. His methods of analysis, which include the use of statistical approaches and technology like as data mining, have shown that the typical listener who tunes in during the early hours of the morning is a woman who is thirty years old and who loves going out and having a good time.
Helping others is important to the process of doing business analytics. One way to think about it is as a chain, where the strength of the chain is determined by how susceptible its weakest link is. If, for instance, the analyst is unable to get the relevant information from the data, then it is entirely meaningless to continue with any of the other duties. If we do not give the analysts with the required data or if the business users decide not to take any action based on the new knowledge they have, we will end up with the same result. (Muangprathub,2019).
Methodology and data
Because the situation is still fluid, it is impossible to anticipate the full extent to which the interruption of Ukrainian food supplies will have on the United States at this point. This paper discusses the costs of energy and fertiliser, as well as the repercussions of a protracted increase in these prices on agricultural markets. This will have an impact on the European summer wheat crop to a certain extent because of the timing of harvests in both nations.
How the situation affects both Russian and Ukrainian output will be interesting to monitor.
- It is not clear how long the export lines will be closed for maintenance.
- It is reasonable to expect that food prices will continue to climb on global markets in the foreseeable future, notwithstanding the disturbing climate of uncertainty that now prevails.
- By importing food from other nations, you are contributing to the worldwide crisis of food insecurity. Consumption-related food expenses are expected to rise even more as a result of this (as seen by Figure 2), particularly in low-income countries such as the United States, Ukraine, and Russia.
- USDA data show that the great majority of farmers are still net food consumers, despite the fact that food costs have increased.
- People in low-income nations have little economic resources, which makes it difficult for them to safeguard their purchasing power from the government’s confiscatory measures.
- Low-income households should take steps to prevent the worsening implications of rising food costs, such as greater food insecurity, from occurring.
- several various weight-loss programmes are available In light of the worldwide repercussions of food price hikes, the government’s first priority should be to improve this capability through more financial aid.
Analysis and Result
Despite largely favourable weather circumstances, rainfall deficits have occurred in the EU’s southern and western areas, despite generally favourable weather conditions.
- It will be critical to have spring rains in order to prevent negative yield consequences as a result of the drought. If you look at their living conditions, they’re in a poor situation.
- The growing season for Ukrainian winter wheat has began earlier than typical as a result of a warmer than ordinary January and February in the southern and central areas of the country. It is almost inevitable that a war will emerge at some point in the upcoming years(Kamilaris,2019).
- Farmers’ capacity to get agricultural supplies, machinery, and fuel, as well as their ability to produce crops, are all evaluated on a yearly basis.
- find out what’s going on on the ground According to the Russian Agricultural Ministry, above-average rains in early February may improve winter wheat production in the country’s grain belt(Ashokkumar,2019).
- thereafter to the restart of the rate of development Turkish agriculture has continued to profit from above-average rainfall in the country’s central regions, which has experienced a steady increase in production as a result of this year’s heavy rainfall. In
- Despite the fact that it is late in the year, winter wheat conditions in China are still favourable. For the second consecutive year, the total area of land under cultivation in India has remained unchanged.
- In terms of levels, the average is higher than the 5-year average. Although there are occasional wet spells in the Northwest and Southeastern United States, the remainder of the country is primarily dry.
The plains of the southern United States constitute a large expanse of land. It doesn’t matter if the winter wheat conditions on the Canadian Prairies and in Ontario are still inconclusive, since
Maize
The Rabi season crop in India is benefiting from a favourable growing conditions as a result of an increase in the total area seeded this year. If you compare this year’s results to the five-year average, you’ll see that they’re encouraging. Weather conditions that are favourable for harvesting spring and summer crops in Mexico make harvesting these crops more easier. There are just a few weeks left until harvest (and the end of the extended growing season), and the start of the autumn-winter crop is right around the horizon. In Brazil, the spring-planted crop (which has a shorter growth season) experiences a broad variety of growing conditions throughout its early stages of development (smaller season).
The hot and dry weather in the southern area is projected to result in lower yields this year, which would negatively impact the economy. Because of the favourable climatic conditions in the Midwest, Southeast, and Northeast, the bulk of crops are in their reproductive phases at this time of year. In the spring, preparations are made for planting and sowing (larger season)
Argentina’s early-planted crop is benefiting from favourable weather conditions, which is currently in the midst of a fruitful harvest (larger season) Conditions in Buenos Aires, Córdoba, and La Pampa remain mixed due to the prolonged dryness of the growing season and other factors, whilst conditions in Santa Fe and Entre Ros are bad due to a lack of rainfall throughout the growing season.
The Agricultural Produce (Grading and Marking) Act, which was passed in 1937, is the legislation that governs the grading and marking of agricultural products. To be more specific, it entails the development of criteria for grading, standardising, and certifying the agricultural products that are included in the annex of the Act. The Agmark Standardization and Grading Fund (SAGF) Scheme is intended to provide financial assistance to 11 regional Agmark laboratories and one central Agmark laboratory in Nagpur so that these laboratories may better conduct the research and analysis necessary to advance Agmark’s grading and standardisation efforts. This assistance will be provided so that these laboratories may better serve Agmark’s customers. In accordance with the Agricultural Produce (Grading & Marking) Act, 1937, standards have been established for a wide variety of commodities and agricultural products. In addition, additional regulations are being drafted from time to time as part of the Grading & Marking Rules. These rules govern the grading and marking of agricultural produce. There are currently 108 regulations in place for a wide range of agricultural goods.
Rice
Establishment of scientific storage capacity along with linked facilities in rural areas in order to meet the diverse needs of farmers for storing farm product, processed farm produce, agricultural inputs, etc., in order to avoid distress sales is also recommended. Under the terms of the plan, all farmers, ag graduates, co-ops, and CWC/SWCs are qualified to receive a 25% subsidy. The remaining fifteen percent of the total cost of the project is going to be made available as a subsidy for all other kinds of individuals, businesses, and organisations. There is a 33.33 percent increase in the subsidy that is available to women farmers, business owners in the mountain regions and northeastern states, as well as business owners in the southern states and their cooperatives. The maximum capacity of the scheme has been raised to 30,000 MT, and the maximum amount of subsidy available has been increased to three crores of rupees for all regions with the exception of the North Eastern States. (Bhakta,2019).
Soybeans
Brazil’s diverse climate has resulted in the majority of the country’s crops reaching maturity and being ready for harvest in a short period of time. the Southeast, the Northern Hemisphere, and the Midwestern United States
Harvesting has begun in the northeast as a result of the favourable weather conditions currently in place. Preparation for planting has begun for most crops in the southern section of the country. Because of a lack of rain and high temperatures, yields are likely to be lower than the five-year average when compared to past years, according to predictions. Observations have shown that both the early-planted crop (which has a longer growth season) and the late-planted crop in Argentina have benefited from improved growing circumstances in the past several years (smaller season)
as a result of the recent string of wet days As a result of the drought, the long-term consequences are still evident because the majority of the crop is still in production. A long-term view is shown in the usage of evaluative comments such as those expressed in the “Markets at a glance” summary table by the terms “tightening” and “easing.”
after taking into consideration market dynamics such as price fluctuations and short-term changes in supply and demand, into consideration
In order to avoid rounding errors, totals are calculated without rounding (aggregates). The most recent figures from the Food and Agriculture Organization of the United Nations, the International Grains Council, and the United States Department of Agriculture serve as the basis for the estimations and forecasts of worldwide supply and demand. The former refers to the fact that they include data from AMIS focus points into their models (thus the term “FAO-AMIS”). For the worldwide market, estimates and predictions have been developed.
Conclusion and Limitation
The findings of three sources may differ due to a variety of factors, such as publishing dates and various construction techniques, among others. : According to information obtained from all three sources, wheat was grown and harvested during the first marketing year in question.
The agricultural harvests from 2016 are allotted to the marketing season of 2016/17, which begins in October (for example, wheat harvests from 2016). When a marketing season begins in the northern and southern hemispheres, data on maize and rice production is collected by FAO-AMIS during the first year of the marketing season (for example, in 2016 for the 2016/17 marketing season). Additionally, figures on rice production from the FAO-AMIS are available for downloading. The year 2000 marks the beginning of the second marketing season (e.g. 2017 for secondary crops har-vested in the northern hemisphere) (The marketing year 2016/17 is referred to as the marketing year 2016/17.) Rice and maize, on the other hand, are difficult to come by with reliable information. The first-year production in the northern hemisphere is included in this classification (for example, 2016 for the USDA and IGC).
This category also covers crops produced in the southern hemisphere during the second year of the marketing season (for example, in 2017 for the marketing season of 2016/17). With regard to soybeans, all three publications employ the latter method of covering the subject matter.
References
Ashokkumar, K., Chowdary, D.D. and Sree, C.D., 2019, October. Data analysis and prediction on cloud computing for enhancing productivity in agriculture. In IOP Conference Series: Materials Science and Engineering (Vol. 590, No. 1, p. 012014). IOP Publishing.
Bhakta, I., Phadikar, S. and Majumder, K., 2019. State‐of‐the‐art technologies in precision agriculture: a systematic review. Journal of the Science of Food and Agriculture, 99(11), pp.4878-4888.
Evstatiev, B.I. and Gabrovska-Evstatieva, K.G., 2021. A review on the methods for big data analysis in agriculture. In IOP Conference Series: Materials Science and Engineering (Vol. 1032, No. 1, p. 012053). IOP Publishing.
Fulton, J.P., Port, K., Shannon, D.K., Clay, D.E. and Kitchen, N.R., 2018. Precision agriculture data management. Precision agriculture basics, (precisionagbasics), pp.169-188.
Kamilaris, A. and Prenafeta-Boldú, F.X., 2018. Deep learning in agriculture: A survey. Computers and electronics in agriculture, 147, pp.70-90.
Kamilaris, A., Assumpcio, A., Blasi, A.B., Torrellas, M. and Prenafeta-Boldú, F.X., 2018. Estimating the environmental impact of agriculture by means of geospatial and big data analysis: The case of catalonia. In From science to society (pp. 39-48). Springer, Cham.
Kukar, M., Vračar, P., Košir, D., Pevec, D. and Bosnić, Z., 2019. AgroDSS: A decision support system for agriculture and farming. Computers and Electronics in Agriculture, 161, pp.260-271.
Muangprathub, J., Boonnam, N., Kajornkasirat, S., Lekbangpong, N., Wanichsombat, A. and Nillaor, P., 2019. IoT and agriculture data analysis for smart farm. Computers and electronics in agriculture, 156, pp.467-474.
