Sorghum and Urea

Their prices have moved together.

Sorghum (commodity) and Urea (chemical): 1 relationship.

How they are linked

1. Price link: input cost

Cost and price · Strong · Both ways

Sorghum needs less fertiliser than maize but nitrogen is still a key cost. Monthly moves barely correlate, at 0.10, while yearly moves reach 0.69, as fertiliser and grain prices rise together in commodity booms.

• 0.10 monthly change correlation
• 0.69 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.