Energy in farming and Pork
Their prices have moved together.
Energy in farming (energy) and Pork (commodity): 1 relationship.
How they are linked
1. Price link: energy cost
Cost and price · Moderate · Both ways
Diesel and power for feed mills, heated sheds and transport are pig farm costs. The diesel proxy shows little monthly link at 0.06, but yearly moves correlate at 0.50, as costs and general inflation pass through slowly.
- 0.06 monthly change correlation
- 0.50 12-month change correlation
- 0.39 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.