# Herbicides and Maize

Their prices have moved together.

Source page: https://www.materialinsights.org/links/herbicides-and-maize/

[Herbicides](https://www.materialinsights.org/chemicals/herbicides/) (chemical) and [Maize](https://www.materialinsights.org/commodities/maize/) (commodity): 1 relationship.

## How they are linked

### 1. Price link: crop demand

*Cost and price · Weak · Both ways*

Maize growers are big herbicide users, and maize prices shape farm income and planting decisions. Monthly moves correlate at only 0.03 and yearly at 0.29, as herbicide prices are set seasonally on distributor contracts.

- **0.03** monthly change correlation
- **0.29** 12-month change correlation
- **0.21** fitted elasticity

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