Energy in farming and Potatoes

Their prices have moved together.

Energy in farming (energy) and Potatoes (commodity): 1 relationship.

How they are linked

1. Price link: energy cost

Cost and price · Weak · Both ways

Diesel for machines and power for cold storage are large costs for potatoes, which are bulky and perishable. The diesel proxy shows little link: monthly moves correlate at 0.02 and yearly moves at 0.23.

• 0.02 monthly change correlation
• 0.23 12-month change correlation
• 0.42 fitted elasticity

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