Maize and Oats
Their prices have moved together.
Maize (commodity) and Oats (commodity): 1 relationship.
How they are linked
1. Price link: competing feed grain
Cost and price · Moderate · Both ways
Maize is the benchmark feed grain, and oats are fed to livestock when they are cheap relative to it. The index follows maize loosely: monthly moves correlate at 0.33 and yearly moves at 0.57, because oats also respond to their own small harvests.
- 0.33 monthly change correlation
- 0.57 12-month change correlation
- 0.71 fitted elasticity
Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.