Monthly food price estimates by product and market
36 countries, 2331 markets, 2007/01/01-2024/12/01, version 2024/12/02

Afghanistan, Armenia, Burundi...and 33 more, 2007 - 2024

Get Microdata

Reference ID

WLD_2021_RTFP_v02_M

DOI

https://doi.org/10.48529/2ZH0-JF55

Producer(s)

Bo Pieter Johannes Andrée

Collection(s)

Fragility, Conflict and Violence

Metadata

Documentation in PDF DDI/XML JSON

Created on

Dec 13, 2023

Last modified

Dec 05, 2024

Page views

99325

Downloads

5360

Low estimate - Eggs (l_eggs)

Data file: WLD_RTFP_mkt_2024-12-02.csv

Overview

var_Number of valid values: 115134

Others

Notes

l_eggs represents the lowest price point for the commodity eggs in the given month. This variable is essential for understanding market dips, buyer interest at lower prices, and the floor value of the commodity. Low price estimates are estimated as the expected value of the lower half of the price distribution based on conditional variance estimated using a fractionally integrated GARCH (Generalized Autoregressive Heteroscedasticity) model estimated using a Generalized Error Distribution that allows for excess kurtosis. In candlestick charting, the low price forms the lower end of the candle or wick, showcasing the lowest market reach. Analyzing the low price is integral to understanding the full monthly price range and assessing market stability or distress.

Back to Catalog

Monthly food price estimates by product and market 36 countries, 2331 markets, 2007/01/01-2024/12/01, version 2024/12/02