Biogas and biomethane and Milk & dairy

Milk & dairy is a raw material for biogas and biomethane; their prices have moved together.

Biogas and biomethane (chemical) and Milk & dairy (commodity): 2 relationships.

How they are linked

1. Feedstock

Physical flow · Direct · Milk & dairy → Biogas and biomethane

Biogas and biomethane is made from milk & dairy: it is one of the raw materials its production routes start from.

2. Price link: manure feedstock

Cost and price · Moderate · Both ways

Cattle manure is a main biogas feedstock, and dairy farms host many digesters. Milk prices do not set manure supply, so monthly moves correlate at only 0.07 with the gas proxy.

• 0.07 monthly change correlation
• 0.53 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.