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NASS USDA State Honey Market Data
Stock & Market Data
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About
Figures and prices detailing honey production across the United States from 2010 to 2021. This data, officially sourced from the National Agricultural Statistics Service (NASS) of the USDA, provides crucial insight into the supply, demand, and economic valuation of honey. Honey production is a vital activity, supporting pollination and beekeeping businesses. The data tracks key production and market metrics across various US states over an eleven-year period.
Columns
The dataset includes nine distinct attributes:
- index number: A unique numerical identifier assigned to each record.
- state: The name of the specific US state where the honey production figures were recorded.
- colony_number: The total count of honey-producing colonies from which honey was harvested during the specified year.
- yield_per_colony: The average amount of honey produced per colony, quantified in pounds.
- productions: The overall total honey yield, calculated by multiplying the colony number by the yield per colony. The unit is pounds.
- stocks: The inventory of honey retained by the producers, measured in pounds.
- average_price: The mean price per pound of honey, based on expanded sales, denominated in dollars.
- value_of_prod: The total monetary worth of the production, determined by multiplying the total production by the average price, denominated in dollars.
- year: The calendar year corresponding to the tabulated data, spanning from 2010 through to 2021.
Distribution
The information is available in a CSV data file format, with a file size of approximately 26.12 kB. The structure consists of 9 columns and contains 479 valid records.
Usage
This data is highly suitable for several applications:
- Conducting detailed economic studies on US agricultural markets and commodity pricing.
- Creating data visualisations to illustrate regional trends in honey output and pricing over time.
- Analysing statistical relationships between the number of colonies, yield efficiency, and shifting market prices.
- Supporting agricultural planning and forecasting models related to beekeeping.
Coverage
The scope of the data covers US states, noting figures for 41 unique locations. The time range is annual, specifically spanning the years 2010 to 2021.
License
CC0: Public Domain
Who Can Use It
The primary intended users include:
- Agricultural Policy Makers: To inform decisions regarding farming subsidies and environmental programmes.
- Financial Analysts: To evaluate market performance and commodity price volatility.
- Data Scientists: For developing predictive models of agricultural supply chains.
- Academics and Students: For research projects focusing on economics, biology, or agricultural history.
Dataset Name Suggestions
- US Annual Honey Production and Pricing (2010-2021)
- NASS USDA State Honey Market Data
- Beekeeping Economic Metrics: Production, Stocks, and Value
Attributes
Original Data Source: NASS USDA State Honey Market Data
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