# Eggs and Soybeans

Their prices have moved together.

Source page: https://www.materialinsights.org/links/eggs-and-soybeans/

[Eggs](https://www.materialinsights.org/commodities/eggs/) (commodity) and [Soybeans](https://www.materialinsights.org/commodities/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.