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.