Development of a Rice Watch System for Strategic Planning in Rice Markets and Services

This work presents a system called Rice Watch, which has been developed to track, extract and process market price information and production yield for strategic planning in the economics and marketing of rice. Even though many sources of market information, such as commodity prices and stocks, are available on websites at any given time, such information is scattered and cannot be recomputed toward providing more usable information. Moreover, it is difficult to monitor large-scale areas under cultivation for production-market planning by using only surveys or statistical methods. Therefore, this work aims to apply integrated technologies, such as Information Extraction techniques, Machine aided Translation and Multi-Temporal Profile Matching techniques on satellite images, with two main goals: to provide market-information services to farmers and entrepreneurs for planning rice cultivation with better economic returns, and also to provide estimates for rice production at each stage of rice growth for market planning.