# Rapeseed and Soybeans

Their prices have moved together.

Source page: https://www.materialinsights.org/links/rapeseed-and-soybeans/

[Rapeseed](https://www.materialinsights.org/commodities/rapeseed/) (commodity) and [Soybeans](https://www.materialinsights.org/commodities/soybeans/) (commodity): 1 relationship.

## How they are linked

### 1. Price link: competing oilseed

*Cost and price · Strong · Both ways*

Soybeans compete with rapeseed as a source of both oil and protein meal. Because the soybean series also reflects meal values, the link is softer: monthly moves correlate at 0.45 and yearly moves at 0.71.

- **0.45** monthly change correlation
- **0.71** 12-month change correlation
- **0.82** fitted elasticity

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