Tuesday, February 23, 2010

Cold Storage Numbers

Yesterday the USDA released "Cold Storage" number including the annual report for 2009: http://usda.mannlib.cornell.edu/usda/current/ColdStorSu/ColdStorSu-02-22-2010.pdf

One thing I looked at was the relationship of monthly milk production to the amount of natural cheese in storage.

If those two data sets are perfectly correlated, each going up or down at the same time, the statistical correlation would be 1.0. For 2009 the two data sets have virtually no correlation at 0.01.

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