Four-Year Graphs: Gas/Agricultural Commodities/Dollar Value
Does food equal oil? The plotted values of these subjects demonstrate a remarkable correlation over the past four years.
U.S. Gasoline Prices:
Agriculture Commodity ETF DBA:
EUR/USD:
Graph 1.
Regular gas price in USD price per gallon (via gasbuddy.com)
Graph 2.
DBA: The index is a rules-based index composed of futures contracts on some of the most liquid and widely traded agricultural commodities: corn, wheat, soy beans and sugar. The index is intended to reflect the performance of the agricultural sector. (via yahoo finance)
Graph 3.
EUR/USD (EURUSD=X)(via yahoo finance)
Does food equal oil? The plotted values of these subjects demonstrate a remarkable correlation over the past four years.
U.S. Gasoline Prices:
Agriculture Commodity ETF DBA:
EUR/USD:
Graph 1.
Regular gas price in USD price per gallon (via gasbuddy.com)
Graph 2.
DBA: The index is a rules-based index composed of futures contracts on some of the most liquid and widely traded agricultural commodities: corn, wheat, soy beans and sugar. The index is intended to reflect the performance of the agricultural sector. (via yahoo finance)
Graph 3.
EUR/USD (EURUSD=X)(via yahoo finance)