Barley and Sorghum
Their prices have moved together.
Barley (commodity) and Sorghum (commodity): 1 relationship.
How they are linked
1. Price link: substitute
Cost and price · Strong · Both ways
Barley and sorghum are both feed grains and are both bought in large volumes by China. Monthly moves correlate at 0.34 and yearly moves at 0.71, though the link faded to 0.04 in the series' last five years.
- 0.34 monthly change correlation
- 0.71 12-month change correlation
- 0.58 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.