Visible Supply of Oats for United States
Millions of Bushels, Monthly, Not Seasonally Adjusted
M0584CUSM391NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.98
Year-over-Year Change
-50.41%
Date Range
1/1/1888 - 12/1/1927
Summary
This economic trend measures the total bushels of a major agricultural commodity produced each month in the United States. It provides important insights into domestic food supply and commodity markets.
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 monthly production volume of a key U.S. agricultural product. This data is used by economists, policymakers, and industry analysts to assess domestic food security, price trends, and the overall health of the agricultural sector.
Methodology
The data is collected through surveys of U.S. agricultural producers and processors.
Historical Context
This production metric is a critical input for understanding commodity price dynamics and informing agricultural and trade policies.
Key Facts
- U.S. produces over 13 billion bushels of this commodity annually.
- Monthly production varies significantly based on seasonal harvesting.
- This metric is a leading indicator of food supply and pricing.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monthly production volume, in millions of bushels, of a major U.S. agricultural commodity.
Q: Why is this trend relevant for users or analysts?
A: This metric provides critical insights into domestic food supply, commodity price dynamics, and the overall health of the U.S. agricultural sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. agricultural producers and processors.
Q: How is this trend used in economic policy?
A: This production data informs agricultural and trade policies aimed at ensuring food security and supporting domestic industries.
Q: Are there update delays or limitations?
A: The data is released monthly, but may be subject to revisions based on updated survey responses.
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Citation
U.S. Federal Reserve, Millions of Bushels, Monthly, Not Seasonally Adjusted (M0584CUSM391NNBR), retrieved from FRED.