International commodity prices are determined by supply and demand, and to a large extent, governmental
interventions through trade barriers and subsidies. Forecasting rice prices has always been a great challenge to researchers
because determinants of supply and demand such as agricultural and environmental factors, meteorological factors,
biophysical factors, changing demographics, etc. interact in a complex manner. Among statistical techniques used to predict
rice prices, researchers have found the Box-Jenkins method to perform well in predicting agricultural farm prices