Energy in farming and Grapes & wine
Their prices have moved together.
Energy in farming (energy) and Grapes & wine (commodity): 1 relationship.
How they are linked
1. Price link: energy cost
Cost and price · Weak · Both ways
Diesel for vineyard machines and power for cooling during fermentation are costs. The diesel proxy shows no link with the wineries index: monthly moves correlate at 0.02 and yearly moves at minus 0.03.
- 0.02 monthly change correlation
- -0.03 12-month change correlation
- 0.12 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.