Storage Holdings of Refined Lard, Cold and Dry for United States
M0581CUSM435NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.70
Year-over-Year Change
35.31%
Date Range
1/1/1949 - 12/1/1954
Summary
This economic trend tracks the storage holdings of refined lard, a key indicator of supply and demand dynamics in the fats and oils market.
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
The Storage Holdings of Refined Lard, Cold and Dry for the United States measures the total volume of refined lard held in commercial storage facilities across the country. This metric provides insight into inventory levels and can signal shifts in production, trade, and consumption patterns for this important agricultural commodity.
Methodology
The data is collected monthly by the U.S. Department of Agriculture through surveys of commercial storage facilities.
Historical Context
Analysts and policymakers monitor this trend to gauge the overall health and stability of the domestic fats and oils industry.
Key Facts
- Lard is a key ingredient in various food products and industrial applications.
- Storage holdings data is released monthly by the USDA.
- Trends in lard storage can signal shifts in production, trade, and consumption.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total volume of refined lard held in commercial storage facilities across the United States.
Q: Why is this trend relevant for users or analysts?
A: Monitoring lard storage levels provides insight into supply and demand dynamics in the fats and oils industry, which is important for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected monthly by the U.S. Department of Agriculture through surveys of commercial storage facilities.
Q: How is this trend used in economic policy?
A: Analysts and policymakers track this trend to gauge the overall health and stability of the domestic fats and oils industry, which can inform decisions related to trade, regulations, and market interventions.
Q: Are there update delays or limitations?
A: The storage holdings data is released on a monthly basis, with a typical delay of 4-6 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Storage Holdings of Refined Lard, Cold and Dry for United States (M0581CUSM435NNBR), retrieved from FRED.