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Forecasting of the Egg Price Based on EEMD

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  • WANG, Dan
  • HE, Yucheng

Abstract

In the transitional period of "new normal", the target price is put forward to deepen the reform system of agricultural product price. Egg is the main agricultural product and its price has fluctuated violently in recent years. Setting up a target price for egg will reduce the price fluctuations. This article brings up a three-step agricultural price forecasting model based on EEMD and applies it to the analysis of egg price. It shows that the upward trend can be divided into three stages, and the fluctuation is greater than that of food consumer price in the foreseeable future. The volatility of egg price is bad for the development of the fresh market and stable life of the residents. This article finally puts forward some recommendations.

Suggested Citation

  • WANG, Dan & HE, Yucheng, 2015. "Forecasting of the Egg Price Based on EEMD," Asian Agricultural Research, USA-China Science and Culture Media Corporation, vol. 7(07), pages 1-4, July.
    • Handle: RePEc:ags:asagre:209836
    DOI: 10.22004/ag.econ.209836
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    Keywords

    Agribusiness;

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