Material Insights · Understanding the Material World

Pulses and Soybeans

Their prices have moved together.

Pulses (commodity) and Soybeans (commodity): 1 relationship.

How they are linked

1. Price link: competing crop

Cost and price · Weak · Both ways

Soybeans and dry beans compete for land in the United States and Canada, and both are protein crops. Monthly moves correlate at 0.06 and yearly moves at 0.29, since bean prices follow their own small markets.

  • 0.06 monthly change correlation
  • 0.29 12-month change correlation
  • 0.86 fitted elasticity

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