Beef and Milk & dairy

Their prices have moved together.

Beef (commodity) and Milk & dairy (commodity): 1 relationship.

How they are linked

1. Price link: co-product

Cost and price · Moderate · Both ways

Dairy farms sell old cows and male calves for beef, so beef prices affect dairy income and when cows are culled. Monthly moves correlate at 0.07 and yearly moves at 0.42.

• 0.07 monthly change correlation
• 0.42 12-month change correlation
• 0.43 fitted elasticity

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