Material Insights · Understanding the Material World

Ammonia and Maize

Their prices have moved together.

Ammonia (chemical) and Maize (commodity): 1 relationship.

How they are linked

1. Price link: demand driver

Cost and price · Strong · Both ways

Maize is the most nitrogen-hungry major crop, so corn prices shape how much fertiliser farmers buy. Maize moves with the proxy at 0.25 monthly and 0.66 yearly. Higher grain prices encourage heavier application the next season.

  • 0.25 monthly change correlation
  • 0.66 12-month change correlation
  • 0.75 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.