# Potatoes and Wheat

Their prices have moved together.

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

[Potatoes](https://www.materialinsights.org/commodities/potatoes/) (commodity) and [Wheat](https://www.materialinsights.org/commodities/wheat/) (commodity): 1 relationship.

## How they are linked

### 1. Price link: substitute staple

*Cost and price · Moderate · Both ways*

Potatoes and wheat are both staple foods, and in poor potato years buyers switch to grains. Monthly moves correlate at 0.03 and yearly moves at 0.35, since potatoes trade in local markets.

- **0.03** monthly change correlation
- **0.35** 12-month change correlation
- **0.58** fitted elasticity

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