Material Insights · Understanding the Material World

Pulses and Wheat

Their prices have moved together.

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

How they are linked

1. Price link: competing crop

Cost and price · Weak · Both ways

In India, chickpeas and lentils compete with wheat for winter land, and government support prices for wheat shift this choice. The US bean proxy shows no link with wheat: monthly moves correlate at minus 0.03 and yearly moves at 0.16.

  • -0.03 monthly change correlation
  • 0.16 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.