Material Insights · Understanding the Material World

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.