# Barley and Wheat

Their prices have moved together.

Source page: https://www.materialinsights.org/links/barley-and-wheat/

[Barley](https://www.materialinsights.org/commodities/barley/) (commodity) and [Wheat](https://www.materialinsights.org/commodities/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.