Material Insights · Understanding the Material World

Eggs and Soybeans

Their prices have moved together.

Eggs (commodity) and Soybeans (commodity): 1 relationship.

How they are linked

1. Price link: feed cost

Cost and price · Weak · Both ways

Soybean meal provides protein in layer feed, the main cost of keeping hens. The egg index shows no link: monthly moves correlate at minus 0.01 and yearly moves at 0.04, because bird flu supply shocks dominate.

  • -0.01 monthly change correlation
  • 0.04 12-month change correlation
  • 0.63 fitted elasticity

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