# Beef and Maize

Their prices have moved together.

Source page: https://www.materialinsights.org/links/beef-and-maize/

[Beef](https://www.materialinsights.org/commodities/beef/) (commodity) and [Maize](https://www.materialinsights.org/commodities/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.