Material Insights · Understanding the Material World

Coal transport and Energy in farming

Their prices have moved together.

Coal transport (energy) and Energy in farming (energy): 1 relationship.

How they are linked

1. Price link: diesel fuel

Cost and price · Strong · Both ways

The farm energy proxy is the US diesel price, which also fuels most freight locomotives, and railways pass it on through fuel surcharges. Diesel leads rail rates by about two months, and yearly moves correlate at 0.74.

  • 0.23 monthly change correlation
  • 0.74 12-month change correlation
  • 0.24 fitted elasticity

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