MUMBAI, India, Sept. 28 -- Intellectual Property India has published a patent application (202621003899 A) filed by Trendcrafterpro Ventures Private Limited on January 14, 2026, for Artificial Intelligence-Based Multi-Market Crop Price Forecasting System For Generalized Price Prediction And Its Method Thereof.
Inventors include Dr. Ashwini S. Gavali; and Mr. Rahul H. Jadhav.
The application for the patent was published on September 25, 2026, under issue no. 39/2026.
Abstract: The present invention generally relates to an artificial intelligence-based multi-market crop price forecasting system designed for generalized and scalable prediction of agricultural commodity prices across diverse markets. The system integrates heterogeneous data sources through a data aggregation layer that harmonizes market price, meteorological, production, and global economic datasets. A feature engineering pipeline processes these inputs to generate a multi-dimensional feature space by incorporating lagged, temporal, seasonal, and external variables such as rainfall anomalies, volatility measures (GARCH, EWMA), and co-movement metrics (Pearson’s correlation, Gerber statistic). A generalized deep learning-based forecasting engine, employing architectures such as LSTM, GRU, or Transformer models, learns complex temporal and non-linear dependencies to produce robust, cross-commodity price forecasts. The system’s forecast dissemination interface enables real- time delivery of predictions through web dashboards, APIs, and mobile alerts, supporting data-driven decision-making for farmers, traders, and policymakers while ensuring adaptability to diverse agro-economic and climatic conditions.
Disclaimer: Curated by HT Syndication.
