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Analysis of Factors Affecting Egg Consumer Prices in Türkiye Using Random Forest Regression

dc.contributor.authorPolat, M
dc.date.accessioned2026-01-04T21:38:48Z
dc.date.issued2025-01-01
dc.description.abstractABSTRACT Despite the substantial increase in egg production and consumption in Türkiye in recent years, price fluctuations remain prevalent. Forecasting consumer prices for eggs is, therefore, a complex endeavor. This study analyzed various factors affecting egg prices, including layer hen feed price, corn and sunflower meal costs, wheat prices, distillers dried grains with solubles (DDGS) prices, the dollar exchange rate, the producer price index (PPI), and agricultural PPI data spanning January 2010 - April 2022. The dataset comprised 148 monthly data points influencing unitary egg prices. Random forest regression analysis was employed to investigate the determinants of consumer egg prices in Türkiye. Results indicated that economic indicators such as the exchange rate, feed price, and producer price index significantly impact egg prices. The random forest regression model exhibited high explanatory power (R2=% 95.2) in predicting egg prices. This study enhances understanding of factors influencing consumer price fluctuations in the egg poultry sector, enabling stakeholders to make more informed and strategic decisions concerning egg prices.
dc.description.urihttps://doi.org/10.1590/1806-9061-2024-1988
dc.identifier.doi10.1590/1806-9061-2024-1988
dc.identifier.eissn1806-9061
dc.identifier.issn1516-635X
dc.identifier.openairedoi_________::0fa5d817240559fa5f81ec7c583d5288
dc.identifier.orcid0000-0002-6279-0824
dc.identifier.scopus2-s2.0-105020808252
dc.identifier.urihttps://hdl.handle.net/20.500.12597/42436
dc.identifier.volume27
dc.publisherFapUNIFESP (SciELO)
dc.relation.ispartofBrazilian Journal of Poultry Science
dc.rightsOPEN
dc.titleAnalysis of Factors Affecting Egg Consumer Prices in Türkiye Using Random Forest Regression
dc.typeArticle
dspace.entity.typePublication
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local.import.sourceOpenAire
local.indexed.atScopus

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