# Beef and Soybeans

Their prices have moved together.

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

[Beef](https://www.materialinsights.org/commodities/beef/) (commodity) and [Soybeans](https://www.materialinsights.org/commodities/soybeans/) (commodity): 1 relationship.

## How they are linked

### 1. Price link: feed cost

*Cost and price · Weak · Both ways*

Soybean meal is a protein supplement for cattle, though less important than for pigs and chickens. Beef shows little link with soybeans: monthly moves correlate at 0.07 and yearly moves at 0.18.

- **0.07** monthly change correlation
- **0.18** 12-month change correlation
- **0.45** fitted elasticity

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