# Energy in farming and Wheat

Energy in farming needs wheat; their prices have moved together.

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

[Energy in farming](https://www.materialinsights.org/energy/e_agri_energy/) (energy) and [Wheat](https://www.materialinsights.org/commodities/wheat/) (commodity): 2 relationships.

## How they are linked

### 1. Material need

*Physical flow · Direct · Wheat → Energy in farming*

Building or running Energy in farming needs wheat.

### 2. Price link: energy cost

*Cost and price · Strong · Both ways*

Diesel for farm machinery and transport is a direct cost, and energy prices set fertiliser costs too. The diesel proxy shares monthly moves at 0.15, yearly moves at 0.70 and 0.37 in the last five years with wheat.

- **0.15** monthly change correlation
- **0.70** 12-month change correlation
- **0.62** fitted elasticity

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