Sorghum and Wheat

Their prices have moved together.

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

How they are linked

1. Price link: substitute

Cost and price · Strong · Both ways

Sorghum and wheat compete in feed and are grown in overlapping dry regions such as the US southern plains. Monthly moves correlate at 0.46 and yearly moves at 0.72, a looser fit than with maize.

• 0.46 monthly change correlation
• 0.72 12-month change correlation
• 0.72 fitted elasticity

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