Barley and Wheat
Their prices have moved together.
Barley (commodity) and Wheat (commodity): 1 relationship.
How they are linked
1. Price link: substitute
Cost and price · Strong · Both ways
Barley and wheat grow in the same regions and both serve animal feed, so a poor harvest of one lifts the other. Monthly moves correlate at 0.40 and yearly moves at 0.67, though the barley series ends in 2020.
- 0.40 monthly change correlation
- 0.67 12-month change correlation
- 0.69 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.