# Energy in farming and Maize

Their prices have moved together.

Source page: https://www.materialinsights.org/links/energy-in-farming-and-maize/

[Energy in farming](https://www.materialinsights.org/energy/e_agri_energy/) (energy) and [Maize](https://www.materialinsights.org/commodities/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.