Visible Supply of Wheat for United States
M0501BUSM391NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.97
Year-over-Year Change
-11.35%
Date Range
2/1/1884 - 12/1/1889
Summary
The Visible Supply of Wheat for United States trend measures the total quantity of wheat available for consumption in the domestic market. It is an important indicator for policymakers and grain traders to assess supply and demand dynamics.
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 Visible Supply of Wheat measures the sum of domestic wheat stocks, imports, and the current year's production, minus exports. This provides a snapshot of the total wheat supply accessible to the U.S. market at a given time, which is crucial for understanding price trends and food security.
Methodology
The data is compiled by the U.S. Department of Agriculture based on reports from grain elevators, mills, and other commercial handlers.
Historical Context
Policymakers and agricultural commodity markets closely monitor the Visible Supply of Wheat to gauge the balance between domestic supply and demand, which influences wheat prices and trade flows.
Key Facts
- Wheat is a staple food grain and a key input for many processed foods.
- The U.S. is one of the world's largest wheat producers and exporters.
- Fluctuations in wheat supply can impact food prices and inflation.
FAQs
Q: What does this economic trend measure?
A: The Visible Supply of Wheat for United States measures the total quantity of wheat available for consumption in the domestic market, including domestic stocks, imports, and production.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding supply and demand dynamics in the wheat market, which impacts prices, trade flows, and food security.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Department of Agriculture based on reports from grain elevators, mills, and other commercial handlers.
Q: How is this trend used in economic policy?
A: Policymakers and agricultural commodity markets closely monitor the Visible Supply of Wheat to gauge the balance between domestic supply and demand, which influences wheat prices and trade policies.
Q: Are there update delays or limitations?
A: The data is published monthly, but may have a short lag due to the time required to collect reports from commercial sources.
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Citation
U.S. Federal Reserve, Visible Supply of Wheat for United States (M0501BUSM391NNBR), retrieved from FRED.