MUMBAI, India, Aug. 10 -- Intellectual Property India has published a patent application (202411104830 A) filed by Lingaya'S Vidyapeeth on December 31, 2024, for Method For Predicting Crop Prices Using Machine Learning Algorithms.
Inventors include Mr. Bhavik Kuchipudi; Mr. Viraj Gadde; Avinash Kumar Namdeo; Dr. Chinnaiyan Ramasubramanian; Dr Salla Prabhakara; Dr S Koteswara Rao; Dr Vakkapatla Kiranbabu; Dr. Jyoti Dahia; Dr. Shikha Gupta; Dr. Anjali Bharadwaj; Dr. Sachin Kumar; Mr. Gurbinder Singh; Dr. Pratibha Saini; Dr. Shweta Gaur; and Mr. Sandeep Kumar.
The application for the patent was published on July 31, 2026, under issue no. 31/2026.
Abstract: ABSTRACT METHOD FOR PREDICTING CROP PRICES USING MACHINE LEARNING ALGORITHMS A method (100) for predicting crop prices using machine learning algorithms. Further, the method comprising collecting and pre-processing historical crop price data, weather conditions, market trends, and socio- economic factors. Further, the method (100) comprising the steps of training one or more machine learning models on the pre-processed data and evaluating their performance using K-fold cross-validation. Further, the method (100) comprising the steps of generating crop price forecasts based on the trained models for informed decision-making by stakeholders. FIG. 1
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