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.