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.