Barley and Energy in farming
Their prices have moved together.
Barley (commodity) and Energy in farming (energy): 1 relationship.
How they are linked
1. Price link: energy cost
Cost and price · Strong · Both ways
Diesel for farm machinery, drying and transport is a direct cost of growing barley. The diesel proxy shares monthly moves at 0.22 and yearly moves at 0.68 with barley, part of the common energy cycle in grain prices.
- 0.22 monthly change correlation
- 0.68 12-month change correlation
- 0.84 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.