Beef traded flat at 294.35 BRL/15KG on August 1, 2025. Over the past month, Beef's price has fallen 5.25%, but it is still 26.90% higher than a year ago, 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 August of 2025.

Beef Price in the United States - 2023. Find the latest marketing data on the IndexBox platform.

Fresh regular 100% ground beef excluding round, chuck, and sirloin. Includes organic and non-organic. Excludes pre-formed patties."

This statistic depicts the average annual prices for meat (beef) from 2014 through 2026*. In 2024, the average price for meat (beef) stood at 5.93 nominal U.S. dollars per kilogram.

United States Wholesale Price: Beef: Central US: Boneless: 90%: Fresh data was reported at 381.590 USD/cwt in Mar 2025. This records an increase from the previous number of 374.040 USD/cwt for Feb 2025. United States Wholesale Price: Beef: Central US: Boneless: 90%: Fresh data is updated monthly, averaging 198.740 USD/cwt from Jan 2000 (Median) to Mar 2025, with 301 observations. The data reached an all-time high of 381.590 USD/cwt in Mar 2025 and a record low of 93.690 USD/cwt in Oct 2000. United States Wholesale Price: Beef: Central US: Boneless: 90%: Fresh data remains active status in CEIC and is reported by Economic Research Service. The data is categorized under Global Database’s United States – Table US.P003: Red Meat Price.

The U.S. beef market expanded modestly to $79.4B in 2024, surging by 4.4% against the previous year. The market value increased at an average annual rate of +2.5% from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level at $80.4B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

The price per pound of beef and pork are forecast to increase in the United States until about 2027 and then will decrease slightly. The price of beef is forecast to be *** U.S. dollars per pound in 2028 and the price of pork is forecast to be over five U.S. dollars per pound that same year.

Steaks other than round or sirloin, regardless of cut or grade. Includes bone-in, boneless, organic, non-organic, fresh, and frozen."

This statistic depicts the average monthly prices for beef worldwide from January 2014 through June 2025. In June 2025, the average monthly price for beef worldwide stood at **** nominal U.S. dollars per kilogram.

United States - Average Price: Ground Beef, 100% Beef (Cost per Pound/453.6 Grams) in U.S. City Average was 5.98100 Index in May of 2025, according to the United States Federal Reserve. Historically, United States - Average Price: Ground Beef, 100% Beef (Cost per Pound/453.6 Grams) in U.S. City Average reached a record high of 5.98100 in May of 2025 and a record low of 1.16500 in June of 1986. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Average Price: Ground Beef, 100% Beef (Cost per Pound/453.6 Grams) in U.S. City Average - last updated from the United States Federal Reserve on July of 2025.

United States - Average Price: Ground Beef, 100% Beef (Cost per Pound/453.6 Grams) in the West Census Region - Urban was 6.67700 Index in May of 2025, according to the United States Federal Reserve. Historically, United States - Average Price: Ground Beef, 100% Beef (Cost per Pound/453.6 Grams) in the West Census Region - Urban reached a record high of 6.75800 in September of 2024 and a record low of 1.03300 in June of 1986. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Average Price: Ground Beef, 100% Beef (Cost per Pound/453.6 Grams) in the West Census Region - Urban - last updated from the United States Federal Reserve on July of 2025.

Current valuations of USD 43,625.2 million in 2025 are expected to surge to USD 70,386.9 million by 2035, supported by a projected 7.4% CAGR during the forecast period. Processed Beef USA market is thus on the upward path, fueled by this trend of people preferring convenient sources of protein content.

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US Beef Market Size 2025-2029

The US beef market size is forecast to increase by USD 9.1 billion at a CAGR of 3.5% between 2024 and 2029.

The US beef market is experiencing significant growth due to rising consumer preferences and demand for protein-rich foods, particularly beef. However, this market faces challenges in areas such as beef preservation and sustainability. Innovations like cell culture technology and plant-based meat alternatives, made from wheat gluten and other plant-based proteins, are gaining popularity among health-conscious consumers, especially those with type 2 diabetes. 
Logistics and dining out continue to be major areas of focus, with the need for efficient supply chain management and food safety regulations. Overall, the beef market In the US is undergoing significant changes, driven by consumer preferences, technological innovations, and sustainability concerns.

What will be the Size of the US Beef Market During the Forecast Period?

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The US beef market, a significant segment of the animal-sourced protein industry, continues to exhibit robust growth In the food sector. With increasing health consciousness among consumers, beef's nutrient-dense profile, including high protein value, essential nutrients, and relatively lower calorie content compared to other meats, positions it as a preferred choice for many. The market's sizeable consumer base includes cafes and eateries catering to middle-class populations and the working population, who seek convenient food options. Beef's versatility, with offerings ranging from steaks and ground cuts to burgers and rolls, appeals to diverse dietary preferences. The industry's focus on sustainable practices and the use of feed materials ensures a steady supply of high-quality beef.
However, the rise of plant-based proteins and changing dietary habits, particularly among younger generations, may impact the market's growth trajectory. The beef industry remains a vital contributor to the food sector, offering a rich source of essential nutrients for consumers.

How is this US Beef Industry segmented and which is the largest segment?

The beef in US industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Distribution Channel

  Offline
  Online


Type

  Loin
  Brisket
  Shank
  Others


Product

  Fresh beef
  Processed beef


Geography

  US

By Distribution Channel Insights

The offline segment is estimated to witness significant growth during the forecast period. The US beef market caters to the demand for animal sourced protein In the food sector, with beef being a preferred choice due to its high nutritional value, particularly in terms of protein, iron, and zinc. Middle class consumers and the working population prioritize beef for its taste and health benefits, leading to its popularity in cafes and eateries. Convenience foods, such as steaks, ground cuts, burgers, rolls, and roasts, are widely consumed due to their ease of preparation and long shelf life. companies In the beef industry focus on sustainability, offering premium and organic beef, as well as sustainable farming practices and traceability.

Food safety and nutritional content are key concerns, with an increasing emphasis on disease resistance and meat quality through genetic engineering and sustainable practices. The market includes various cuts, such as brisket, shank, and loin, and cater to diverse consumer preferences, including Kosher and Halal requirements. Distribution channels include meat processing facilities, retail outlets, and online channels, with branded products and premiumization trends driving growth. Research organizations and industry reports highlight the importance of sustainable farming practices, environmental impact, and consumer preferences in shaping the future of the beef market. The market is expected to grow, driven by increasing health consciousness and dietary preferences, as well as the availability of plant-based protein alternatives, such as soy, peas, and wheat gluten, and lab-grown meat.

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The Offline segment was valued at USD 38.00 billion in 2019 and showed a gradual increase during the forecast period.

Market Dynamics

Our researchers analyzed the data with 2024 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

What are the key market drivers leading to the rise In the adoption of Beef in US Industry?

Rising consumer preferences and demand for beef is the key driver of the market.The US beef market is experiencing significant chan

All uncooked ground beef regardless of fat content, primal source (chuck, round, sirloin, etc.), or packaging. Includes organic and non-organic."

Live Cattle rose to 230 USd/Lbs on August 1, 2025, up 0.98% from the previous day. Over the past month, Live Cattle's price has risen 8.20%, and is up 25.01% compared to the same time last year, 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 August of 2025.

The average goat meat import price stood at $6,949 per ton in May 2025, therefore, remained relatively stable against the previous month.

Boneless beef for stew, regardless of grade or processing state. Includes organic, non-organic, fresh, and frozen.

Average consumer prices are calculated for household fuel, motor fuel, and food items from prices collected for the Consumer Price Index (CPI). Average prices are best used to measure the price level in a particular month, not to measure price change over time. It is more appropriate to use CPI index values for the particular item categories to measure price change.

Prices, except for electricity, are collected monthly by BLS representatives in the 75 urban areas priced for the CPI. Electricity prices are collected for the BLS for the same 75 areas on a monthly basis by the Department of Energy using mail questionnaires. All fuel prices include applicable Federal, State, and local taxes; prices for natural gas and electricity also include fuel and purchased gas adjustments.

For more information, please visit the Bureau of Labor Statistics (https://www.bls.gov/cpi/factsheets/average-prices.htm).

In 2023, the amount of beef and veal (salted, in brine, dried or smoked) imported into the United States surged to 414 tons, with an increase of 32% on the year before.

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.

The average rabbit meat import price stood at $3,512 per ton in May 2025, waning by -12.9% against the previous month.