# Rice and Wheat

Their prices have moved together.

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

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

## How they are linked

### 1. Price link: food staple

*Cost and price · Weak · Both ways*

Wheat and rice are the two main food grains, and India's procurement and export choices affect both. Yet monthly moves show almost no link and yearly moves only 0.20, because rice is traded thinly in Asia under heavy government management.

- **0.00** monthly change correlation
- **0.20** 12-month change correlation
- **0.55** fitted elasticity

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