Energy in farming and Maize

Their prices have moved together.

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

How they are linked

1. Price link: energy cost

Cost and price · Strong · Both ways

Diesel for tractors, drying and transport is a direct farming cost, and fuel prices also set ethanol demand. The diesel proxy shares monthly moves at 0.22 and yearly moves at 0.63 with maize.

• 0.22 monthly change correlation
• 0.63 12-month change correlation
• 0.55 fitted elasticity

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