Material Insights · Understanding the Material World

Beef and Poultry

Their prices have moved together.

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

How they are linked

1. Price link: substitute meat

Cost and price · Weak · Both ways

Chicken is the cheaper rival to beef and has taken market share for decades. The prices barely move together: monthly moves correlate at 0.11 and yearly moves at 0.28, as each follows its own production cycle.

  • 0.11 monthly change correlation
  • 0.28 12-month change correlation
  • -0.06 fitted elasticity

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