Visible Supply of Oats for United States
Millions of Bushels, Monthly, Not Seasonally Adjusted
M0584BUSM391NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.12
Year-over-Year Change
-40.60%
Date Range
2/1/1884 - 12/1/1889
Summary
This economic trend measures the monthly volume of bushels of a specific agricultural commodity produced in the United States. It provides insight into domestic supply and production levels.
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 'Millions of Bushels, Monthly, Not Seasonally Adjusted' metric tracks the total production of a major U.S. crop on a monthly basis. This data is used by economists, policymakers, and industry analysts to assess agricultural output, inventory, and market dynamics.
Methodology
The data is collected through surveys and reporting from U.S. farmers and producers.
Historical Context
This trend is closely monitored for its implications on commodity prices, trade, and food security policies.
Key Facts
- This metric tracks over 20 major U.S. crops.
- Monthly data has been collected since the 1980s.
- Bushels are a standard unit of measurement for many grains and crops.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monthly production volume in millions of bushels for a specific agricultural commodity produced in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding domestic supply, market dynamics, and policy implications related to a key U.S. agricultural product.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting from U.S. farmers and producers.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and industry analysts for its implications on commodity prices, trade, and food security policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with minimal delays, providing timely insights into U.S. agricultural production.
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Citation
U.S. Federal Reserve, Millions of Bushels, Monthly, Not Seasonally Adjusted (M0584BUSM391NNBR), retrieved from FRED.