• Title/Summary/Keyword: Fruit prices

Search Result 13, Processing Time 0.02 seconds

PREDICTING KOREAN FRUIT PRICES USING LSTM ALGORITHM

  • PARK, TAE-SU;KEUM, JONGHAE;KIM, HOISUB;KIM, YOUNG ROCK;MIN, YOUNGHO
    • Journal of the Korean Society for Industrial and Applied Mathematics
    • /
    • v.26 no.1
    • /
    • pp.23-48
    • /
    • 2022
  • In this paper, we provide predictive models for the market price of fruits, and analyze the performance of each fruit price predictive model. The data used to create the predictive models are fruit price data, weather data, and Korea composite stock price index (KOSPI) data. We collect these data through Open-API for 10 years period from year 2011 to year 2020. Six types of fruit price predictive models are constructed using the LSTM algorithm, a special form of deep learning RNN algorithm, and the performance is measured using the root mean square error. For each model, the data from year 2011 to year 2018 are trained to predict the fruit price in year 2019, and the data from year 2011 to year 2019 are trained to predict the fruit price in year 2020. By comparing the fruit price predictive models of year 2019 and those models of year 2020, the model with excellent efficiency is identified and the best model to provide the service is selected. The model we made will be available in other countries and regions as well.

An Impact of the Characteristics of Individual Household and Its Shopping Behavior on the Purchase Prices of Fruits (가구특성 및 쇼핑행태가 과일 구입가격에 미치는 영향)

  • Choi, Se-Hyun;Cho, Jae-Hwan;Yoon, Seung-Won
    • Korean Journal of Organic Agriculture
    • /
    • v.22 no.4
    • /
    • pp.611-628
    • /
    • 2014
  • This study probed into some characteristics of the urban household such as household income, number of the household, age distribution of the family members, their characteristics of shopping behavior such as the shopping place, types of the packaging and the characteristics of the time series, using consumer panel data of the Rural Development Administration (RDA). It further examined how the above factors affect fruit purchasing prices and then estimates the degree of the influence by each factor. The study looked at the purchase of apples, pears, tangerines, and oranges - the most favorite fruits in Korea. The results of this study can be utilized as the basic information for marketing strategies and/or for the establishment of future policy plans related to fruits consumption.

Impact of a reduction in the quality of Shine Muscat on the grape variety market using the Armington model

  • Byung Min, Soon;Sumin, Cho;Sounghun, Kim
    • Korean Journal of Agricultural Science
    • /
    • v.48 no.4
    • /
    • pp.911-926
    • /
    • 2021
  • We devised a grape variety model to estimate the impact of lowering the Shine Muscat quality level on the grape market. Shine Muscat has become a popular grape variety in Korea. Accordingly, the area devoted to the harvesting of Shine Muscat has increased dramatically since 2016. Our study examines how a reduction in the quality of Shine Muscat affects other grapes such as Campbell Early, giant peak, and Muscat Bailey A (MBA). The Armington model was used to impose consumer preferences and product differentiation assumptions. We found that a decrease in the consumer preference for Shine Muscat realized by lowering the quality of Shine Muscat largely reduces the price of this variety. Also, the prices of other grape varieties fell via a substitute effect. Moreover, if grape varieties were more differentiated, the reduction in the price of Shine Muscat would be greater, while the decreases in the prices of other grape varieties would be smaller. These results imply that farmers of Shine Muscat must continue with quality management efforts to avoid the negative effect of changing consumer behavior with regard to Shine Muscat against a reduction in its quality. Our model introduces a product differentiation model for the fruit market and helps policymakers and farmers understand the impact of changing market conditions in the fruit market.

A Study on the Thai Consumers' Perception and Willingness to Pay for Korean Paprika and Tomatoes (태국 소비자의 한국산 파프리카 및 토마토에 대한 인식과 지불의사에 관한 연구)

  • Lee, Je-Yun;Lee, Choon-Soo
    • Korean Journal of Organic Agriculture
    • /
    • v.31 no.1
    • /
    • pp.1-27
    • /
    • 2023
  • This study investigated Thai consumers' perception and willingness to pay for Korean paprika and tomatoes to establish effective export strategies, To this end, an online survey was conducted on 300 consumers living in Bangkok, Thailand, and the factors affecting the purchase intent and willingness to pay price premium for Korean paprika and tomatoes were analyzed. The results are as follows. First, Thai consumers usually buy fruit and vegetables offline, such as supermarkets and large discount stores, but not a few respondents obtained purchase information online. Second, the price competitiveness of Korean paprika and tomatoes is low to Thai products, and the quality, safety, freshness, and cost-effectiveness are similar or low to other exporting countries. Therefore it is important to improve non-price competitiveness using positive perceptions of Korean products and Korean Wave. Third, the most important reason why Thai consumers not buying Korean paprika and tomatoes is the lack of stores and high prices. Fourth, as a result of analyzing the factors affecting the purchase intent for Korean paprika and tomatoes, the strategy of selling paprika and tomatoes through supermarkets to consumers with high income is effective. Fifth, considering the factors of willingness to pay premium prices for Korean paprika and tomatoes, a high pricing strategy targeted consumers with high income and many family members is appropriate.

Challenges of organic rice farming in Jeonnam Province, Korea

  • Cho, Y.;Nicholas, P.;Lee, J.
    • Korean Journal of Organic Agriculture
    • /
    • v.19 no.spc
    • /
    • pp.74-77
    • /
    • 2011
  • The production practices, productivity and economic performance of organic and non-chemical rice farming were compared in Jeonnam Province, Korea. Korean organic rice farming showed a lack of use of resistant varieties and rotational cropping systems as well as less use of farm wastes and a high dependency upon external inputs. When compared with no-chemical rice production practices very little differences were found. However, organic rice farming showed 15% to 18% higher profits than no-chemical farming even though the productivity was arguably similar between the two farming types. This may encourage more farmers to convert to organic production rather than non-chemical farming as the farming practices are very similar, thereby resulting in increased supply of organic products and decreased prices for organic rice near future. There is a need to more greatly differentiate organic farming practices and products from those of no-chemical farming.

Evaluation of Cultivation Characteristics according to NO3- Ratio of Nutrient Solution for Korean Melon in Hydroponic Culture (양액의 NO3- 비율이 수경재배 참외의 생육과 수량에 미치는 영향)

  • Do Yeon Won;Ji Hye Choi;Chang Hyeon Baek;Na Yun Park;Min Gu Kang;Young Jin Seo
    • Journal of Bio-Environment Control
    • /
    • v.32 no.3
    • /
    • pp.249-255
    • /
    • 2023
  • Korean melon (Cucumis melo L.) is grown mostly in Northeast Asia area, and as a fruit mainly produced in Korea, the yield per unit area continues to improve, but the cultivation method is limited to soil cultivation, so it is necessary to develop hydroponic cultivation technology for scale and labor-saving is needed. As the ratio of NO3- increased, the plant height, the leaf length, the leaf width, and the internode length became longer and larger. On the other hand, the SPAD value decreased. The lower the ratio of NO3-, the faster the female flower bloom, and there was no difference in fruit maturity between treatments. There was no difference in the shape of fruit according to the ratio of NO3-, and the hardness was higher as the ratio of NO3- was lower. The total yield from March to July was KM3 5,650 kg/10a and KM1 4,439 kg/10a, 27% higher in KM3 and, in particular, 36% higher in quantity from March to May, when Korean melon prices were high season. Therefore, it was judged that it would be appropriate to supply NO3- suitable for hydroponic cultivation of Korean melon, which was formalized in December and produced from spring, at the level of 6.5 to 10 me·L-1.

FEASIBILITY STUDIES INTO NIR TECHNIQUE FOR MEASUREMENT OF INTERNAL QUALITY OF SOME TROPICAL FRUITS

  • Kouno, Yoshihide;Mizuno, Toshihiro;Maeda, Hiromu
    • Proceedings of the Korean Society for Agricultural Machinery Conference
    • /
    • 1993.10a
    • /
    • pp.326-333
    • /
    • 1993
  • Okinawa Prefecture is located in the southernmost part of Japan and has a subtropical climate. A lot of tropical fruits such as pineapples, mangoes and papayas are produced. Pineapples were mainly supplied to the canning industry. Since April 1990, the Japanese Government released the foreign trade restriction of canned pineapples and pineapple juice in accordance with GATT. Okinawan Farmers have been expanding the customers from the processing industry to the fresh market. During the recent year, fully mature, high quality pineapples which have 15 Brix in sugar content are produced in green houses on Okinawa. Prices are 2 to 3 times those of the imported pineapples. At present, they are sorted manually, and this sorting might cause the pineapples to lose their reputation. NIR applied fruit sorters have been developed and operated for apples and peaches in Japan . NIR applied tests were carried out to consider the feasibility into the NIR technique for measurement of the NIR a alysis suggests adequate correlations between sugar content and NIR reflectance properties of pineapples and mangoes.

  • PDF

Current status of tissue culture and genetic transformation systems in oilseed rape plants (Brassica napus L.) (유채 조직배양 및 형질전환 연구동향)

  • Lee, Sang-Il;Kim, Yun-Hye;Lee, Dong-Hee;Lee, Yu-Mi;Park, Seo-Jun;Kim, Jong-Bo
    • Journal of Plant Biotechnology
    • /
    • v.37 no.4
    • /
    • pp.379-387
    • /
    • 2010
  • Oilseed rape (Brassica napus L.) is an important crop due to its high oil content in the seed. Recently, the demand for the improvement of crop for biodisel energy source is increased as oil prices in the world has increased dramatically. Until now, oilseed rape breeding was carried out by cross-hybridization between different varieties and related germplasms. However, like as many other crops, the application of tissue culture and gene transformation systems has been introduced into oilseed rape breeding program including the development of transgenic canola plants. In this study, we reviewed a history of tissue culture and genetic transformation research in oilseed rape plants and indicated some important aspects for the production of transgenic oilseed rape plants.

Nutrient Density and Nutrient-Cost Evaluation for the Representative Menus of the School Lunch Program in Korea (초등학교 급식 대표음식의 영양밀도 분석 및 영양소-단가 비교연구)

  • 임경숙
    • Journal of Nutrition and Health
    • /
    • v.30 no.10
    • /
    • pp.1244-1257
    • /
    • 1997
  • The goals of the School Lunch Program(SLP) are to provide school children with approximately one -third of their daily nutrition requirements at a reasonable price, to foster good food habits, and to contribute to a better understanding of nutrition. In order to provide guidelines and appropriate nutritional information for SLP planning, and to identify inexpensive sources of each nutrient, representative SLP menus were analyzed for nutrient density using the Index of Nutritional Quality(INQ) and for nutrient cost. Recipes and prices of 776 meals were collected from 10 SLP primary schools in Seoul and Kyunggi province in Korea during 1995. From 4829 menu items in 776 meals, the 100 most frequently used menus were selected as representative SLP menus. From these 100 menus, eleven categories of menu were identified according to cooking methods and ingredients. Selected menus were placed into these 11 groups, with 3 to 5 menus in each except the milk group which contained only milk. The mean nutrient content, INQs, and nutrient-cost ratios were calculated for each menu and menu group. Among the 100 representative SLP menus, 'Jiajang-rice' contained the highest energy per serving portion. 'Grilled pollack ' was the highest in protein, 'Seasoned spinach ' in vitamin A, 'Spagehetti' in vitamin B1 , niacin and iron, 'Kongjorim'(hard-boiled bean with sauce) in vitamin B2 , strawberry in vitamin C, and 'fish stew ' and milk in calcium. Among the 11 menu groups, the 'One-dish' group was found to be the highest in energy , protein, vitamin A, B$_1$ and iron. The milk group was a good source of vitamin B$_2$ and calcium . The meat side dish group (panbroiled, fried or steamed )was the most suitable for providing niacin. The fruit group provided the highest level of vitamin c per portion. The nutrient densities(INQs) were found in the soup group (protein), Kimchi group(vitamin A), fruit group(vitamin B$_1$ and C), milk group(vitamin B$_2$ and calcium), stew group(niacin )and vegetable side dish group(energy, protein, vitamin B$_1$ and niacin) , vegetable side dish group(vitamin A), milk group(vitamin B$_2$ and calcium) , fruit and Kimchi groups(vitamin C), and stew group(iron). This information should be useful for school dietitians in planning most nutritious SLP menus with limited budgets. It could also be used for basic guidelines in nutrition education, and for future improvement of the SLP in Korea.

  • PDF

An analysis of customer needs for the operation of unmanned food stores on a university campus (대학 캠퍼스 내 무인 식품 매점 운영에 대한 고객 요구도 분석)

  • Kim, Se-Eun;Park, Min-Seo;Bae, Hyun-Joo
    • Journal of Nutrition and Health
    • /
    • v.55 no.5
    • /
    • pp.587-600
    • /
    • 2022
  • Purpose: This study was performed to analyze customer needs for the operation of unmanned food stores on a university campus. Methods: A total of 329 responses were collected from customers who had purchased food at the stores. Statistical analyses were conducted using the SPSS program for frequency analysis, χ2-test, t-test, one-way analysis of variance, and Duncan's multiple range test. Results: On average, the overall satisfaction score for lunch and the eating location was 3.91 out of 5 points. Overall satisfaction was significantly higher for home cooking, and lower for eating at convenience stores (p < 0.001), and the score for eating with family was significantly higher than for eating alone or with friends (p < 0.001). On average, the intention to use an unmanned store received a score of 3.98 out of 5 points, while 'home cooking (3.76)' was significantly lower than other eating locations and eating at 'convenience stores (4.38)' was significantly higher than other eating locations (p < 0.05). The desired time of use for unmanned food stores was 'lunch (54.1%)', 'dinner (46.2%)', and 'afternoon snack (41.9%)', and the desired foods were 'doshirak (62.0%)', 'sandwich (56.2%)', 'fruit cup (54.4%)', 'salad (51.7%)', and 'kimbap (50.5%)'. There were significantly more opinions that single-person households would use unmanned food stores for dinner more than family households (p < 0.05), and significantly more willingness to purchase fruit cup (p < 0.05). The average prices (Korean won) that the subjects were willing to pay for the purchase of food were 4,991 for doshirak, 3,403 for salad, 2,745 for fruit cup, 2,609 for sandwich, and 2,235 for kimbap. Conclusion: For the successful operation of the unmanned food stores on the university campus, the store manager should grasp the customer's needs in real-time and establish an effective marketing strategy.