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.