Material Insights · Understanding the Material World

Beef and Pork

Their prices have moved together.

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

How they are linked

1. Price link: substitute meat

Cost and price · Moderate · Both ways

Shoppers and restaurants switch between beef and pork when prices move, and both depend on the same feed grains. Monthly moves correlate at 0.20 and yearly moves at 0.46, a substitute link.

  • 0.20 monthly change correlation
  • 0.46 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.