Material Insights · Understanding the Material World

Barley and Maize

Their prices have moved together.

Barley (commodity) and Maize (commodity): 1 relationship.

How they are linked

1. Price link: substitute

Cost and price · Strong · Both ways

Barley and maize are interchangeable in many feed rations, so feed buyers switch on price. Monthly moves correlate at 0.53 and yearly moves at 0.81, the strongest link barley has with any priced element here.

  • 0.53 monthly change correlation
  • 0.81 12-month change correlation
  • 0.97 fitted elasticity

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