Material Insights · Understanding the Material World

Energy in farming and Pulses

Their prices have moved together.

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

How they are linked

1. Price link: energy cost

Cost and price · Weak · Both ways

Diesel for farm machines and transport is a cost, though pulses need little fertiliser since they fix their own nitrogen. Monthly moves correlate at 0.12 and yearly moves at 0.21.

  • 0.12 monthly change correlation
  • 0.21 12-month change correlation
  • 0.38 fitted elasticity

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