Material Insights · Understanding the Material World

Sunflower and Wheat

Their prices have moved together.

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

How they are linked

1. Price link: shared supply region

Cost and price · Strong · Both ways

The Black Sea exports both wheat and sunflower oil, so weather, shipping risk and export bans in the region hit both at once. Monthly moves correlate at 0.41, yearly moves at 0.72 and the last five years at 0.51, when war risk dominated.

  • 0.41 monthly change correlation
  • 0.72 12-month change correlation
  • 0.84 fitted elasticity

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