Material Insights · Understanding the Material World

Oats and Wheat

Their prices have moved together.

Oats (commodity) and Wheat (commodity): 1 relationship.

How they are linked

1. Price link: shared demand driver

Cost and price · Strong · Both ways

Wheat sets the tone for all temperate grains, and poor wheat crops pull buyers towards other grains. The oats index shows this mostly over a year: yearly moves correlate at 0.69 while monthly moves correlate at only 0.23.

  • 0.23 monthly change correlation
  • 0.69 12-month change correlation
  • 0.72 fitted elasticity

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