Herbicides and Potash

Their prices have moved together.

Herbicides (chemical) and Potash (commodity): 1 relationship.

How they are linked

1. Price link: farm input cycle

Cost and price · Strong · Both ways

Potash and crop protection are bought by the same farmers and both follow the farm income cycle. Monthly moves correlate at 0.24, yearly at 0.61 and 0.53 over the last five years, a common farm-input driver rather than a shared material.

• 0.24 monthly change correlation
• 0.61 12-month change correlation
• 0.17 fitted elasticity

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