Commercial Stocks of Wheat for United States
M0501FUSM391NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
341.30
Year-over-Year Change
-6.36%
Date Range
5/1/1953 - 5/1/1956
Summary
The 'Commercial Stocks of Wheat for United States' measures the total quantity of wheat held in commercial storage facilities across the United States. This important economic indicator provides insights into the supply and demand dynamics of a key agricultural commodity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the inventories of wheat owned by commercial enterprises, such as grain elevators, processors, and exporters. It serves as a barometer for the overall health and stability of the U.S. wheat market, which is a critical component of the broader agricultural economy.
Methodology
The data is collected and reported monthly by the U.S. Department of Agriculture (USDA).
Historical Context
Policymakers and market analysts closely monitor this trend to assess the balance between wheat production, consumption, and trade.
Key Facts
- The United States is the world's largest wheat exporter.
- Wheat is a staple food grain used in a variety of products.
- Wheat stocks are a key indicator of food security and price stability.
FAQs
Q: What does this economic trend measure?
A: The 'Commercial Stocks of Wheat for United States' measures the total quantity of wheat held in commercial storage facilities across the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the supply and demand dynamics of a key agricultural commodity, which is crucial for policymakers and market analysts to assess the balance of the wheat market.
Q: How is this data collected or calculated?
A: The data is collected and reported monthly by the U.S. Department of Agriculture (USDA).
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor this trend to assess the balance between wheat production, consumption, and trade, which is essential for ensuring food security and price stability.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, so there may be a delay in the most recent information being available.
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Citation
U.S. Federal Reserve, Commercial Stocks of Wheat for United States (M0501FUSM391NNBR), retrieved from FRED.