Global price of Swine
Annual
PPORKUSDA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
83.23
Year-over-Year Change
0.55%
Date Range
1/1/1990 - 1/1/2024
Summary
The Annual trend measures the annual total production of pork in the United States. It is a key indicator of the health and output of the U.S. pork 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
The Annual trend represents the total volume of pork produced over a 12-month period in the United States. It is an important metric for economists and policymakers to assess the size, growth, and efficiency of the domestic pork industry.
Methodology
The data is collected and reported annually by the U.S. Department of Agriculture.
Historical Context
Pork production trends are closely monitored by industry groups, commodity traders, and government agencies.
Key Facts
- The U.S. is the world's largest producer of pork.
- Pork is the most widely consumed meat globally.
- Pork production generates over $20 billion annually for the U.S. economy.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the total volume of pork produced in the United States over a 12-month period.
Q: Why is this trend relevant for users or analysts?
A: Pork production is a key indicator of the health and output of the U.S. agricultural sector, making this trend important for economists, industry analysts, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and reported annually by the U.S. Department of Agriculture.
Q: How is this trend used in economic policy?
A: Pork production trends are closely monitored by industry groups, commodity traders, and government agencies to assess market conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The Annual trend is published once per year with a short delay, reflecting the time required to collect and compile the full-year production data.
Related Trends
Average Price: All Pork Chops (Cost per Pound/453.6 Grams) in the West Census Region - Urban
APU0400FD3101
Average Price: Milk, Fresh, Whole, Fortified (Cost per Gallon/3.8 Liters) in U.S. City Average
APU0000709112
Average Price: Grapes, Thompson Seedless (Cost per Pound/453.6 Grams) in the West Census Region - Urban
APU0400711417
Average Price: Short Ribs, Any Primal Source, Bone-In (Cost per Pound/453.6 Grams) in the South Census Region - Urban
APU0300703431
Average Price: Yogurt (Cost per 8 Ounces/226.8 Grams) in the West Census Region - Urban
APU0400FJ4101
Average Price: Gasoline, Unleaded Premium (Cost per Gallon/3.785 Liters) in New York-Newark-Jersey City, NY-NJ-PA (CBSA)
APUS12A74716
Citation
U.S. Federal Reserve, Annual (PPORKUSDA), retrieved from FRED.