# Energy in farming and Oats

Their prices have moved together.

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

[Energy in farming](https://www.materialinsights.org/energy/e_agri_energy/) (energy) and [Oats](https://www.materialinsights.org/commodities/oats/) (commodity): 1 relationship.

## How they are linked

### 1. Price link: energy cost

*Cost and price · Strong · Both ways*

Diesel for tractors, harvesters and grain drying is a direct farm cost. The proxy for farm energy is the diesel price index, and its yearly moves correlate with oats at 0.62, while monthly moves correlate at only 0.18, since fuel costs pass into grain prices over seasons.

- **0.18** monthly change correlation
- **0.62** 12-month change correlation
- **0.56** fitted elasticity

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