Correlation between prices of grain legumes and prices of feed, fertilisers and meat
Marcus Mergenthaler, Bruno Kezeya, Wolfgang Strauss and Ina Stute
14.06.2021
The prices of the three groups of variables studied can be used as indicators in the pricing of legumes. It should be noted that the prices of animal feed and meat are better suited to this than the prices of mineral fertilisers. Since the correlation analysis does not allow a statement on causality, open questions remain for an in-depth time series analysis: How strongly the three product groups examined are actually influenced by legume prices? And which product groups in turn influence the price of legumes?
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Marcus Mergenthaler, Bruno Kezeya, Wolfgang Strauss and Ina Stute
LEGVALUE has received funding from the European Union's Horizon 2020 research and innnovation programme under grant agreement No. 727672.
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