Maize and Sorghum

Their prices have moved together.

Maize (commodity) and Sorghum (commodity): 1 relationship.

How they are linked

1. Price link: substitute

Cost and price · Strong · Both ways

Sorghum and maize are close substitutes in animal feed, and US sorghum is often priced against maize futures. The link is very strong, monthly moves at 0.71 and yearly moves at 0.87, though the sorghum series ends in 2020.

• 0.71 monthly change correlation
• 0.87 12-month change correlation
• 1.00 fitted elasticity

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