Cold-Storage Holdings of Beef and Veal for United States
M05F6BUSM436SNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57.70
Year-over-Year Change
-20.41%
Date Range
1/1/1916 - 12/1/1930
Summary
The Cold-Storage Holdings of Beef and Veal for United States measures the monthly inventory of frozen beef and veal products held in commercial storage facilities. This trend provides insights into supply and demand dynamics in the U.S. meat industry.
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 economic indicator tracks the total volume of beef and veal products being stored for future use, which is an important signal of inventory levels, production planning, and consumer demand. It is closely monitored by industry analysts, policymakers, and traders to assess market conditions.
Methodology
The data is collected through a monthly survey of commercial cold storage facilities across the United States.
Historical Context
The Cold-Storage Holdings of Beef and Veal is used to inform production, trade, and price decisions in the U.S. livestock and meat processing sectors.
Key Facts
- Beef and veal account for over 50% of total U.S. meat consumption.
- The U.S. is one of the world's largest producers and exporters of beef.
- Cold storage levels can indicate potential shortages or oversupply in the market.
FAQs
Q: What does this economic trend measure?
A: The Cold-Storage Holdings of Beef and Veal for United States measures the monthly inventory of frozen beef and veal products held in commercial storage facilities across the country.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into supply and demand dynamics in the U.S. meat industry, helping inform production, trade, and pricing decisions for livestock producers, processors, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of commercial cold storage facilities across the United States.
Q: How is this trend used in economic policy?
A: The Cold-Storage Holdings of Beef and Veal is used by industry analysts, traders, and policymakers to assess market conditions and make informed decisions about production, trade, and pricing in the U.S. livestock and meat processing sectors.
Q: Are there update delays or limitations?
A: The data is released with a 1-month lag, and it may not capture all inventory held in non-commercial or small-scale cold storage facilities.
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Citation
U.S. Federal Reserve, Cold-Storage Holdings of Beef and Veal for United States (M05F6BUSM436SNBR), retrieved from FRED.