Biodiesel (FAME) and Energy in farming

Their prices have moved together.

Biodiesel (FAME) (chemical) and Energy in farming (energy): 1 relationship.

How they are linked

1. Price link: blended fuel

Cost and price · Strong · Both ways

Biodiesel made from vegetable oils is blended into diesel and competes with it. The soybean oil proxy correlates at 0.48 monthly, as biofuel mandates tie vegetable oil prices to diesel.

• 0.48 monthly change correlation
• 0.73 12-month change correlation
• 1.02 fitted elasticity

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