Dataset on farmers’ perception of commodity futures market

The commodity futures market plays a major role in reducing the price risk for the participants. Unfortunately, the farmers’ participation in the futures market particularly from the Tamil Nadu region is very less. A survey was conducted using the interview method to identify the information sources...

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Main Authors: S. Srinivasan, M. Babu, P.S. Shabi Shimny, C. Hariharan, J. Gayathri, G. Indhumathi
Format: Article
Language:English
Published: Elsevier 2022-08-01
Series:Data in Brief
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2352340922006266
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author S. Srinivasan
M. Babu
P.S. Shabi Shimny
C. Hariharan
J. Gayathri
G. Indhumathi
author_facet S. Srinivasan
M. Babu
P.S. Shabi Shimny
C. Hariharan
J. Gayathri
G. Indhumathi
author_sort S. Srinivasan
collection DOAJ
description The commodity futures market plays a major role in reducing the price risk for the participants. Unfortunately, the farmers’ participation in the futures market particularly from the Tamil Nadu region is very less. A survey was conducted using the interview method to identify the information sources used by farmers for taking pricing decisions, the awareness and perception of farmers towards the futures market, and its effect on preferred marketing alternatives. The data cleaning process was done using content validity, confirmatory factor analysis, and reliability test using Cronbach's alpha, and the assumptions of normality and multicollinearity were examined. The data will be of potential use to researchers who wish to explore farmers’ behavior towards hedging in the commodity futures market.
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spelling doaj.art-00dc3466d6b44c0bb4770d88bf5839922022-12-22T03:43:57ZengElsevierData in Brief2352-34092022-08-0143108429Dataset on farmers’ perception of commodity futures marketS. Srinivasan0M. Babu1P.S. Shabi Shimny2C. Hariharan3J. Gayathri4G. Indhumathi5Faculty of Management Sciences, Sri Ramachandra Institute of Higher Education and Research, Chennai, Tamil Nadu, India; Corresponding author.Bharathidasan School of Management, Bharathidasan University, Tiruchirappalli, TamilNadu, IndiaGulf Centre for University Education (IGNOU), Shuwaikh 70455, KuwaitDepartment of Management Studies, Nehru Institute of Technology, Coimbatore, Tamil Nadu, IndiaDepartment of Commerce and Financial Studies, Bharathidasan University, Tiruchirappalli, TamilNadu, IndiaDepartment of Commerce, Mother Teresa Women's University, Kodaikanal, IndiaThe commodity futures market plays a major role in reducing the price risk for the participants. Unfortunately, the farmers’ participation in the futures market particularly from the Tamil Nadu region is very less. A survey was conducted using the interview method to identify the information sources used by farmers for taking pricing decisions, the awareness and perception of farmers towards the futures market, and its effect on preferred marketing alternatives. The data cleaning process was done using content validity, confirmatory factor analysis, and reliability test using Cronbach's alpha, and the assumptions of normality and multicollinearity were examined. The data will be of potential use to researchers who wish to explore farmers’ behavior towards hedging in the commodity futures market.http://www.sciencedirect.com/science/article/pii/S2352340922006266Price risk hedgingInterviewData cleaning
spellingShingle S. Srinivasan
M. Babu
P.S. Shabi Shimny
C. Hariharan
J. Gayathri
G. Indhumathi
Dataset on farmers’ perception of commodity futures market
Data in Brief
Price risk hedging
Interview
Data cleaning
title Dataset on farmers’ perception of commodity futures market
title_full Dataset on farmers’ perception of commodity futures market
title_fullStr Dataset on farmers’ perception of commodity futures market
title_full_unstemmed Dataset on farmers’ perception of commodity futures market
title_short Dataset on farmers’ perception of commodity futures market
title_sort dataset on farmers perception of commodity futures market
topic Price risk hedging
Interview
Data cleaning
url http://www.sciencedirect.com/science/article/pii/S2352340922006266
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