Table 1

Descriptive statistics of input features

Descriptive statistics
FeatureMeanMedianSDMinMax
US CPI inflation3.733.022.76−0.3613.55
US population growth1.000.960.260.121.66
US GDP growth2.973.102.20−3.407.24
US unemployment rate6.005.651.603.509.70
US labor force participation rate63.6463.902.7058.7067.20
US merchandise trade15.4915.575.196.4024.03
US CPI index 201061.6362.4635.2513.71124.27
US Real interest rate3.643.072.29−1.288.59
US GDP per capita growth1.952.032.16−4.336.31
US lending interest rate7.076.823.283.2518.87
World annual population growth1.571.570.340.942.13
World GDP growth3.473.621.74−3.276.56
World GDP per capita growth1.872.061.62−4.274.82
World merchandise trade32.8430.6010.5016.0451.07
World urban growth2.442.440.321.693.23
Global temperature anomalies0.380.360.31−0.140.99
Average temperature52.6552.541.0750.8855.28
Maximum temperature64.5264.341.1362.6867.69
Minimum temperature40.7840.701.0838.8743.13
Heating degree days4485.524516.00290.173780.005030.00
Cooling degree days1258.901235.00125.401016.001547.00
Precipitation30.8130.622.1625.7034.96
Corn ending stocks1571.361435.91855.04425.924881.68
Corn exports1628.841821.32622.53396.362752.62
Corn use, feed and residual4628.844659.45889.282966.156131.62
Corn use, food seed industrial2428.121533.502354.49314.947056.77
Corn imports14.237.0923.740.47159.95
Soybean crush1257.641253.99546.070.002190.00
Soybean ending stocks237.39208.08155.670.00909.04
Soybean exports908.27804.65554.860.002265.43
Soybean imports7.123.3812.120.0071.76
Wheat domestic1018.681113.70231.45581.101389.28
Wheat ending stocks852.60845.25347.27305.821904.98
Wheat exports1055.191040.40255.55543.991770.72
Wheat imports56.5540.7153.610.99172.47

Source(s): Created by the authors

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