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A Vegetable-Price Forecasting Method Based on Mixture of Experts

Author

Listed:
  • Chenyun Zhao

    (Agricultural Information Institute, Chinese Academy of Agricultural Sciences, Beijing 100081, China
    Key Laboratory of Agricultural Big Data, Ministry of Agriculture and Rural Affairs, Beijing 100081, China
    These authors contributed equally to this work.)

  • Xiaodong Wang

    (Beijing Digital Agriculture Rural Promotion Center, Beijing 101117, China
    These authors contributed equally to this work.)

  • Anping Zhao

    (Beijing Digital Agriculture Rural Promotion Center, Beijing 101117, China)

  • Yunpeng Cui

    (Agricultural Information Institute, Chinese Academy of Agricultural Sciences, Beijing 100081, China
    Key Laboratory of Agricultural Big Data, Ministry of Agriculture and Rural Affairs, Beijing 100081, China)

  • Ting Wang

    (Agricultural Information Institute, Chinese Academy of Agricultural Sciences, Beijing 100081, China
    Key Laboratory of Agricultural Big Data, Ministry of Agriculture and Rural Affairs, Beijing 100081, China)

  • Juan Liu

    (Agricultural Information Institute, Chinese Academy of Agricultural Sciences, Beijing 100081, China
    Key Laboratory of Agricultural Big Data, Ministry of Agriculture and Rural Affairs, Beijing 100081, China)

  • Ying Hou

    (Agricultural Information Institute, Chinese Academy of Agricultural Sciences, Beijing 100081, China
    Key Laboratory of Agricultural Big Data, Ministry of Agriculture and Rural Affairs, Beijing 100081, China)

  • Mo Wang

    (Agricultural Information Institute, Chinese Academy of Agricultural Sciences, Beijing 100081, China
    Key Laboratory of Agricultural Big Data, Ministry of Agriculture and Rural Affairs, Beijing 100081, China)

  • Li Chen

    (Agricultural Information Institute, Chinese Academy of Agricultural Sciences, Beijing 100081, China
    Key Laboratory of Agricultural Big Data, Ministry of Agriculture and Rural Affairs, Beijing 100081, China)

  • Huan Li

    (Agricultural Information Institute, Chinese Academy of Agricultural Sciences, Beijing 100081, China
    Key Laboratory of Agricultural Big Data, Ministry of Agriculture and Rural Affairs, Beijing 100081, China)

  • Jinming Wu

    (Agricultural Information Institute, Chinese Academy of Agricultural Sciences, Beijing 100081, China
    Key Laboratory of Agricultural Big Data, Ministry of Agriculture and Rural Affairs, Beijing 100081, China)

  • Tan Sun

    (Agricultural Information Institute, Chinese Academy of Agricultural Sciences, Beijing 100081, China
    Key Laboratory of Agricultural Big Data, Ministry of Agriculture and Rural Affairs, Beijing 100081, China)

Abstract

The accurate forecasting of vegetable prices is crucial for policy formulation, market decisions, and agricultural market stability. Traditional time-series models often require manual parameter tuning and struggle to effectively handle the complex non-linear characteristics of vegetable price data, limiting their predictive accuracy. This study conducts a comprehensive analysis of the performance of traditional methods, deep learning approaches, and cutting-edge large language models in vegetable-price forecasting using multiple predictive performance metrics. Experimental results demonstrate that large language models generally outperform other methods, but do not have consistent performance for all kinds of vegetables across different time scales. As a result, we propose a novel vegetable-price forecasting method based on mixture of expert models (VPF-MoE), which combines the strengths of large language models and deep learning methods. Different from the traditional single model prediction method, VPF-MoE can dynamically adapt to the characteristics of different vegetable types, dynamically select the best prediction method, and significantly improve the accuracy and robustness of the prediction. In addition, we optimized the application of large language models in vegetable-price forecasting, offering a new technological pathway for vegetable-price prediction.

Suggested Citation

  • Chenyun Zhao & Xiaodong Wang & Anping Zhao & Yunpeng Cui & Ting Wang & Juan Liu & Ying Hou & Mo Wang & Li Chen & Huan Li & Jinming Wu & Tan Sun, 2025. "A Vegetable-Price Forecasting Method Based on Mixture of Experts," Agriculture, MDPI, vol. 15(2), pages 1-19, January.
  • Handle: RePEc:gam:jagris:v:15:y:2025:i:2:p:162-:d:1566021
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    References listed on IDEAS

    as
    1. Beckert, Jens, 2011. "Where do prices come from? Sociological approaches to price formation," MPIfG Discussion Paper 11/3, Max Planck Institute for the Study of Societies.
    2. Feihu Sun & Xianyong Meng & Yan Zhang & Yan Wang & Hongtao Jiang & Pingzeng Liu, 2023. "Agricultural Product Price Forecasting Methods: A Review," Agriculture, MDPI, vol. 13(9), pages 1-20, August.
    3. Zhuohan Wang & Carmine Ventre, 2024. "A Financial Time Series Denoiser Based on Diffusion Model," Papers 2409.02138, arXiv.org.
    4. Yuliang Cao & Muhammad Mohiuddin, 2019. "Sustainable Emerging Country Agro-Food Supply Chains: Fresh Vegetable Price Formation Mechanisms in Rural China," Sustainability, MDPI, vol. 11(10), pages 1-14, May.
    5. Xinhe Liu & Wenmin Wang, 2024. "Deep Time Series Forecasting Models: A Comprehensive Survey," Mathematics, MDPI, vol. 12(10), pages 1-33, May.
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    1. Emmanuel Ekene Okere & Vipin Balyan, 2025. "A Deep Learning-Based Prediction and Forecasting of Tomato Prices for the Cape Town Fresh Produce Market: A Model Comparative Analysis," Forecasting, MDPI, vol. 7(2), pages 1-18, May.

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