# Soybeans and Sunflower

Their prices have moved together.

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

[Soybeans](https://www.materialinsights.org/commodities/soybeans/) (commodity) and [Sunflower](https://www.materialinsights.org/commodities/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.
