# Oats and Wheat

Their prices have moved together.

Source page: https://www.materialinsights.org/links/oats-and-wheat/

[Oats](https://www.materialinsights.org/commodities/oats/) (commodity) and [Wheat](https://www.materialinsights.org/commodities/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.