Storage Holdings of Lard, Total Cold and Dry for United States
M0581BUSM435NNBR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
65.40
Year-over-Year Change
43.11%
Date Range
1/1/1946 - 12/1/1954
Summary
The 'Storage Holdings of Lard, Total Cold and Dry for United States' trend measures the total cold and dry storage holdings of lard in the United States. This metric provides insight into the supply and demand dynamics of this important food commodity.
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 data series tracks the volume of lard stored in cold and dry facilities across the U.S. Lard is a rendered form of pork fat that has a variety of culinary and industrial uses. The storage holdings data can be used to assess production, inventory, and consumption patterns in the lard market.
Methodology
The data is collected through surveys of commercial storage facilities by the U.S. Department of Agriculture.
Historical Context
Lard storage data is monitored by policymakers, industry analysts, and commodity traders to understand supply-chain dynamics and price movements.
Key Facts
- Lard is a byproduct of pork processing.
- The U.S. is a major global producer and exporter of lard.
- Lard has applications in food preparation, industrial lubricants, and soap-making.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total volume of lard stored in cold and dry facilities across the United States.
Q: Why is this trend relevant for users or analysts?
A: Lard storage data provides insights into supply and demand dynamics in the lard market, which is important for policymakers, industry analysts, and commodity traders.
Q: How is this data collected or calculated?
A: The data is collected through surveys of commercial storage facilities by the U.S. Department of Agriculture.
Q: How is this trend used in economic policy?
A: Lard storage data is monitored by policymakers to understand supply-chain dynamics and price movements in this important food commodity market.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Storage Holdings of Lard, Total Cold and Dry for United States (M0581BUSM435NNBR), retrieved from FRED.