Energy in farming and Groundnuts

Their prices have moved together.

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

How they are linked

1. Price link: energy cost

Cost and price · Weak · Both ways

Diesel and power for irrigation, shelling and transport are costs for growers. The diesel proxy shows almost no monthly link at 0.06 and yearly moves at 0.17, since groundnut prices are dominated by harvest size and rainfall.

• 0.06 monthly change correlation
• 0.17 12-month change correlation
• 0.23 fitted elasticity

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