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.