Corn, Commercial Stocks for United States
M0521DUSM391NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34.14
Year-over-Year Change
-13.04%
Date Range
12/1/1926 - 4/1/1940
Summary
The Corn, Commercial Stocks for United States trend measures the total volume of corn held in commercial storage facilities across the country. This metric is closely watched by economists and policymakers to gauge supply and demand dynamics in the agricultural sector.
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 series represents the ending stocks of corn held by commercial facilities, such as grain elevators and processing plants, at the end of each month. It provides insight into the supply available to meet domestic and export demand for this key agricultural commodity.
Methodology
The data is collected by the U.S. Department of Agriculture through surveys of commercial storage facilities.
Historical Context
Corn stocks data helps inform decisions around policies, trade, and market conditions in the corn industry.
Key Facts
- Corn is a major U.S. agricultural commodity with over 82 million acres planted.
- The U.S. is the world's largest producer and exporter of corn.
- Corn stocks data is released monthly by the USDA.
FAQs
Q: What does this economic trend measure?
A: The Corn, Commercial Stocks for United States trend measures the total volume of corn held in commercial storage facilities across the country.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the supply and demand dynamics of the corn market, which is crucial for farmers, traders, and policymakers to make informed decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Department of Agriculture through surveys of commercial storage facilities.
Q: How is this trend used in economic policy?
A: Corn stocks data helps inform decisions around policies, trade, and market conditions in the corn industry, which is a key driver of the U.S. agricultural economy.
Q: Are there update delays or limitations?
A: The corn stocks data is released monthly by the USDA, with a typical one-month delay between the reference period and the public release.
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Citation
U.S. Federal Reserve, Corn, Commercial Stocks for United States (M0521DUSM391NNBR), retrieved from FRED.