Beef and Maize

Their prices have moved together.

Beef (commodity) and Maize (commodity): 1 relationship.

How they are linked

1. Price link: feed cost

Cost and price · Weak · Both ways

Cattle are finished on maize in feedlots, so dear feed squeezes margins and leads ranchers to cut herds, raising beef prices later. The link is slow: monthly moves correlate at 0.12, yearly moves at 0.29, and the best fit has maize leading by 4 months.

• 0.12 monthly change correlation
• 0.29 12-month change correlation
• 0.39 fitted elasticity

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