Material Insights · Understanding the Material World

Crushed stone and Energy in farming

Their prices have moved together.

Crushed stone (commodity) and Energy in farming (energy): 1 relationship.

How they are linked

1. Price link: fuel cost

Cost and price · Weak · Both ways

Quarry loaders, crushers and haul trucks burn diesel, which this proxy tracks. Monthly moves correlate at only -0.02 and yearly moves at -0.05, as fuel swings are handled through surcharges and annual price rises rather than base prices.

  • -0.02 monthly change correlation
  • -0.05 12-month change correlation
  • 0.31 fitted elasticity

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