Maize and Water

Their prices have moved together.

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

How they are linked

1. Price link: irrigation demand

Cost and price · Moderate · Both ways

Crop prices guide what irrigation is worth to growers, so farm incomes feed into water bids. The link is loose: monthly moves barely correlate (0.05) but yearly changes correlate at 0.55, as both respond to seasons and weather rather than to each other.

• 0.05 monthly change correlation
• 0.55 12-month change correlation
• 1.62 fitted elasticity

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