Oats and Urea

Their prices have moved together.

Oats (commodity) and Urea (chemical): 1 relationship.

How they are linked

1. Price link: fertiliser cost

Cost and price · Strong · Both ways

Nitrogen fertiliser is a main growing cost, and high urea prices push farmers towards crops that need less of it or raise the price needed to plant. The link is slow: monthly moves correlate at 0.24 but yearly moves at 0.72, partly a shared energy cycle.

• 0.24 monthly change correlation
• 0.72 12-month change correlation
• 0.53 fitted elasticity

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