Project Goal: Predictive Modeling for Wheat Market Prices

The primary goal of this machine learning project is to develop a robust predictive model for the daily market prices of wheat, focusing on variety-wise trends across different states. Leveraging the Variety-wise Daily Market Prices Data of Wheat obtained from the AGMARKNET Portal, the project aims to accomplish the following objectives:

Workflow

  1. Creating Github Repo
  2. Data Collection
  3. Data Analysis ( Explotatory Data Analysis )
  4. Feature Engineering
  5. Model Building
  6. Model Evaluation
  7. Hyperparameter tuning
  8. Deployment using Flask
  9. Docker

Who can take benefits of this project

Farmers:

Farmers can use the predictive model to anticipate market prices for different wheat varieties in their region. This information can assist them in making decisions regarding planting, harvesting, and selling their crops, optimizing their profits.

Traders and Buyers:

Traders and buyers in the wheat market can utilize the predictive model to forecast price fluctuations, allowing them to make informed decisions regarding purchasing and selling wheat stocks. This helps them optimize procurement strategies and maximize profits.

Government Agencies:

Government agencies responsible for agricultural policies and interventions can leverage the predictive model to monitor market trends and plan interventions effectively. This can include implementing price stabilization measures, formulating policies to support farmers, and ensuring food security.

Researchers and Analysts:

Researchers and analysts studying agricultural economics can use the predictive model to gain insights into the dynamics of the wheat market, identify factors influencing price movements, and explore trends across different regions and wheat varieties.

To access this project

Setup 1: Clone the repo

https://github.com/shailesh2210/Wheat-Price-Prediction.git

Step 2- Create a conda environment after opening the repository

conda create -n env_name python=3.10 -y
conda activate env_name/

Step 3 - Install the requirements

pip install -r requirements.txt

Step 4 - Run the application server

python app.py

Now,

Open Up your local host and Port

Author