Evaluates machine learning for forecasting commodity prices in agriculture, indicating improved supply planning.
An estimated 38 million tonnes of agricultural produce in Nigeria are lost to waste annually, largely due to a lack of reliable market intelligence for farmers before harvest. This paper presents a machine learning system designed to address this information gap by forecasting commodity price signals, used as a proxy for market activity, across 39 agricultural commodities. Using price and climate data from the World Food Programme, we evaluated seven algorithms and three conventional baselines through a structured tournament. Our results show that Random Forest outperformed other models for 19 of the 39 commodities (48.7%). Feature importance analysis reveals that recent historical price trends are significantly more predictive of future market signals than climate or seasonal variables. The system was deployed as a lightweight Flask web application that provides a market activity index to assist in harvest timing and distribution planning. We conclude with a discussion of the ethical implications of using price proxies for decision support and the importance of addressing representational bias in agricultural data.
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Oladipo et al. (2026) studied this question.
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