Material Insights · Understanding the Material World

Energy in farming and Natural gas

Their prices have moved together.

Energy in farming (energy) and Natural gas (energy): 1 relationship.

How they are linked

1. Price link: fertiliser feedstock

Cost and price · Strong · Both ways

Gas is the feedstock for ammonia and urea and fuels crop drying in many countries. Yearly moves correlate at 0.71 with European gas, showing a shared energy cycle even though monthly moves are much looser.

  • 0.18 monthly change correlation
  • 0.71 12-month change correlation
  • 0.50 fitted elasticity

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