Material Insights · Understanding the Material World

Barley and Urea

Their prices have moved together.

Barley (commodity) and Urea (chemical): 1 relationship.

How they are linked

1. Price link: input cost

Cost and price · Strong · Both ways

Nitrogen fertiliser is a key cost for feed barley, while malting barley needs less nitrogen to keep protein low. Monthly moves correlate at 0.17 and yearly moves at 0.61, as fertiliser and grain both rise in commodity upswings.

  • 0.17 monthly change correlation
  • 0.61 12-month change correlation
  • 0.80 fitted elasticity

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