Soybeans and Sunflower

Their prices have moved together.

Soybeans (commodity) and Sunflower (commodity): 1 relationship.

How they are linked

1. Price link: substitute oil

Cost and price · Strong · Both ways

Soybean oil is the second largest edible oil after palm. The series here is the whole bean, which also includes meal value, so the link is weaker: monthly moves correlate at 0.46 and yearly moves at 0.75.

• 0.46 monthly change correlation
• 0.75 12-month change correlation
• 1.02 fitted elasticity

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