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Beef decreased 4.45 BRL/15Kg or 1.40% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Beef - values, historical data, forecasts and news - updated on March of 2025.
The retail price of 100% ground beef in the United States has risen significantly in the last two decades. In 2024, a pound of ground beef cost 5.61 U.S. dollars, up from 2.41 U.S. dollars in 2008. Cattle and beef production in the U.S. In 2022, there were almost 29 million beef cows in the United States. Compared to sheep, pigs, and chickens, cows are very expensive to raise and require much more water, feed, and land per calorie generated. Though beef production fluctuates from year to year, there has been a positive trend in beef production in the last several years in the United States. U.S. beef market In terms of retail sales, beef is the leading type of fresh meat in the United States. On average, beef generates about 19 thousand U.S. dollars in sales per store per week, compared to approximately 10 thousand dollars for chicken, and less than five thousand dollars for pork. As of 2021, per capita consumption of beef in the United States amounted to about 59 pounds per year.
The timeline shows the annual averages of beef price spreads in the United States from 2006 to 2023. The beef price spread from wholesale to retail amounted to 345.4 U.S. cents per pound of retail equivalent in the United States in 2023.
This statistic depicts the average annual prices for meat (beef) from 2014 through 2026*. In 2023, the average price for meat (beef) stood at 4.9 nominal U.S. dollars per kilogram.
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100% ground chuck beef, regardless of fat content. Includes organic, non-organic, fresh, and frozen. Excludes pre-formed patties."
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Meat Price Index in World remained unchanged at 118 Index Points in February. This dataset includes a chart with historical data for World Meat Price Index.
The FAO Meat Price Index* started to increase in October of 2020. For the first few months of the pandemic, prices had declined. In 2021, prices further increased and the index reached an all time high of 125.4 index points in June of 2022, a few months after the start of the Russian invasion of Ukraine. Since then, the index has fluctuated and came to 117.7 in January 2025. For further information about the coronavirus (COVID-19) pandemic, please visit our dedicated facts and figures page. For further information about the Russian invasion of Ukraine, please visit our dedicated page on the topic.
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Uncooked beef roasts other than chuck or round, regardless of cut or grade. Includes bone-in, boneless, organic, non-organic, fresh, and frozen."
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Learn about the history of beef prices in the United States and how factors like supply and demand, disease outbreaks, consumer preferences, and transportation costs influence them.
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China Agricultural Product Price Index: Wholesale: Livestock Product: Beef data was reported at 99.800 Prev Week=100 in 22 Jul 2018. This records a decrease from the previous number of 100.300 Prev Week=100 for 15 Jul 2018. China Agricultural Product Price Index: Wholesale: Livestock Product: Beef data is updated daily, averaging 100.100 Prev Week=100 from May 2010 (Median) to 22 Jul 2018, with 385 observations. The data reached an all-time high of 103.500 Prev Week=100 in 17 Feb 2013 and a record low of 96.100 Prev Week=100 in 05 Feb 2012. China Agricultural Product Price Index: Wholesale: Livestock Product: Beef data remains active status in CEIC and is reported by Ministry of Agriculture and Rural Affairs. The data is categorized under China Premium Database’s Inflation – Table CN.IC: Agricultural Product Price Index: Wholesale: Weekly.
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Beef Price in the United States - 2023. Find the latest marketing data on the IndexBox platform.
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Feeder Cattle increased 23.60 USd/Lbs or 8.96% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Feeder Cattle - values, historical data, forecasts and news - updated on March of 2025.
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In 2025, beef prices keep rising due to low cattle inventory and strong consumer demand, posing challenges for producers and consumers alike.
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United States Consumer Price: Average: Ground Beef, Lean & Extra Lean data was reported at 5.245 USD/lb in Nov 2018. This records a decrease from the previous number of 5.252 USD/lb for Oct 2018. United States Consumer Price: Average: Ground Beef, Lean & Extra Lean data is updated monthly, averaging 2.912 USD/lb from Jan 1991 (Median) to Nov 2018, with 335 observations. The data reached an all-time high of 6.195 USD/lb in May 2015 and a record low of 1.973 USD/lb in May 1996. United States Consumer Price: Average: Ground Beef, Lean & Extra Lean data remains active status in CEIC and is reported by Bureau of Labor Statistics. The data is categorized under Global Database’s United States – Table US.P001: Consumer Price.
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Graph and download economic data for Producer Price Index by Commodity: Farm Products: Slaughter Cattle (WPS0131) from Jan 1967 to Feb 2025 about slaughter, cattle, livestock, agriculture, commodities, PPI, inflation, price index, indexes, price, and USA.
In 2024, the U.S. price for one pound of lean and extra lean ground beef amounted to 7.12 U.S. dollars. While prices per pound were between five and six U.S. dollars in recent years, consumers in the United States typically paid about two U.S. dollars back in the nineties. Ground chuck and sirloin steak Like lean ground beef, the price of other types of meat has also risen in the United States. For example, the U.S. retail price per pound of ground chuck (100% beef) amounted to approximately 5.12 U.S. dollars in 2023 and cost about half that amount 20 years earlier. The price of boneless sirloin steak has likewise doubled: from about four U.S. dollars per pound in the nineties to almost 11 U.S. dollars in 2023. Beef consumption While total beef consumption in the United States had fluctuated slightly at certain intervals over the past decade and a half, the numbers have stayed fairly close to the 26-billion-pound mark . Annual per capita consumption of beef, on the other hand, has dropped considerably. In the early 2000s, the average American consumer typically ate almost 70 pounds of beef per year. By 2019, Americans consumed closer to 55 pounds annually.
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Learn about the various factors that have caused fluctuations in beef prices over the years, including droughts, tariffs, and the pandemic, and how they have impacted the beef supply and demand.
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The revenue of the beef market in Malawi amounted to $X in 2018, increasing by X% against the previous year. Overall, the total market indicated a remarkable expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, beef consumption increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. Over the period under review, the beef market reached its peak figure level in 2018 and is likely to continue its growth in the immediate term.
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Live Cattle increased 15.12 USd/Lbs or 7.89% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Live Cattle - values, historical data, forecasts and news - updated on March of 2025.
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The revenue of the beef market in Chad amounted to $X in 2018, increasing by X% against the previous year. In general, the total market indicated a prominent expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, beef consumption increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2011 when the market value increased by X% year-to-year. Over the period under review, the beef market reached its maximum level in 2018 and is expected to retain its growth in the immediate term.
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Beef decreased 4.45 BRL/15Kg or 1.40% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Beef - values, historical data, forecasts and news - updated on March of 2025.