Beef and Energy in farming

Their prices have moved together.

Beef (commodity) and Energy in farming (energy): 1 relationship.

How they are linked

1. Price link: energy cost

Cost and price · Moderate · Both ways

Diesel powers feed growing, trucking cattle and chilled transport of meat. The diesel proxy correlates with beef at 0.18 for monthly moves and 0.44 for yearly moves, a cost and general demand link.

• 0.18 monthly change correlation
• 0.44 12-month change correlation
• 0.37 fitted elasticity

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