https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Fresh regular 100% ground beef excluding round, chuck, and sirloin. Includes organic and non-organic. Excludes pre-formed patties."
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.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
All uncooked ground beef regardless of fat content, primal source (chuck, round, sirloin, etc.), or packaging. Includes organic and non-organic."
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 8.4 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.
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.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Steaks other than round or sirloin, regardless of cut or grade. Includes bone-in, boneless, organic, non-organic, fresh, and frozen."
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Boneless beef for stew, regardless of grade or processing state. Includes organic, non-organic, fresh, and frozen."
In 2022, the average price difference per pound between beef and plant-based alternatives in the food service segment in the United States amounted to 1.69 U.S. dollars. Plant-based beef alternatives costed more and were priced at around 6.7 U.S. dollars per pound, compared to the cost of beef which was around five U.S. dollars per pound. This disparity showed across the board, with plant-based alternatives costing more than animal-based meat in all categories.
How many people follow a vegetarian or vegan diet in the United States?
The dietary preferences of consumers in the United States varied across age groups. It was recorded that approximately seven percent of individuals aged between 18 and 19 followed a vegan diet. Similarly, seven percent of respondents within the same age group reported following a vegetarian diet. However, as the age of respondents increased to above 40 years old, the prevalence of vegan and vegetarian diets declined.
How big is the plant-based meat industry in the United States?
In 2022, the sales of plant-based meat alternatives in the U.S. were predominantly based in the retail segment, followed by sales in the food service segment channels. The majority of meat alternative sales in the food service sector in the U.S. were made through restaurants, making up nearly 60 percent of the total. This was followed by educational facilities which also accounted for a notable portion of meat substitute sales.
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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Learn about the factors that affect the price of ground beef per pound, including quality, availability, and location, and how external factors like the COVID-19 pandemic can cause fluctuations. Discover the national average price of ground beef per pound as of January 2020 and why grass-fed or organic beef may have a higher price point.
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.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Learn about the average price of beef per pound in 2019, including regional differences and factors that affect prices. Discover the price differences between cuts and grades, and how to get the best value for your money.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Beef traded flat at 311.15 BRL/15KG on June 6, 2025. Over the past month, Beef's price has fallen 1.46%, but it is still 44.52% 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 June of 2025.
The timeline shows the annual average value of retail and wholesale beef in the United States from 2006 to 2024. In 2024, the average value of wholesale beef was 468 U.S. cents per pound of retail equivalent.
Production techniques in cultivated meat have evolved significantly in the past decade. In 2013, Dutch scientist Mark Post unveiled a lab-grown burger patty for which the production costs were 250,000 euros. Since then, cultivated meat startups were founded across the globe, which debuted new production techniques that decreased the costs significantly. In 2021, Future Meat Technologies announced it produced a four oz chicken breast at a cost of four U.S. dollars.
This timeline depicts the retail price of ground chuck (100 percent beef) in the United States from 1995 to 2024. In 2024, the U.S. price for one pound of ground chuck amounted to 5.58 U.S. dollars.
Steaks were the most expensive cut of beef in the UK as of February 2024. For a kilogram of steak, consumers could expect to pay 16.78 British pounds. Mince was the cheapest beef product, at only 6.84 British pounds per kilogram.
UK beef consumption
Perhaps due to its cheap price point, mince is the most purchased cut of meat in Great Britain. The volume of mince purchased in 2020/2021 was more than double the purchases of the next most popular cut, beef burgers, and grills. In general, consumer spending on meat in the UK has increased. In 2022, spending exceeded 22 billion British pounds for the first time.
Cattle population in the UK
In 2022, the population of cattle and calves in the UK was about 9.4 million and has generally been gradually declining for almost two decades. The number of cows and bulls slaughtered annually has fluctuated during this period, however. In 2021. More than 655,000 cows and bulls were slaughtered in the UK.
Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Learn about the average price of ground beef per pound, factors affecting the price, and how it can vary by region, quality, and demand in the United States.
Between December 10 and December 16, 2021, beef brisket was advertised at 8.84 U.S. dollars per pound on average at major U.S. supermarkets. In the previous year, beef brisket was priced at about five U.S. dollars per pound on average. This is almost a four dollar increase.
Fresh meat sales in the U.S. Beef has the highest retail sales of any type of fresh meat in the United States. In 2020, of all the different cuts of beef one can buy from a grocery store or butcher shop, fresh ground beef accounted for 40 percent of all sales. In comparison, sirloin beef generated only six percent of total beef sales in the United States and flank steak less than one percent of total sales. The average household expenditure on beef per trip to the grocery store was 9.39 U.S dollars in 2020.
Beef consumption in the U.S. In 2020, the average American ate 58.8 pounds of beef, up from about 58 pounds per person in the previous year. While beef is expected to remain popular and widely consumed among Americans, veal consumption has seen a sharp decrease over the last several years.
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Fresh regular 100% ground beef excluding round, chuck, and sirloin. Includes organic and non-organic. Excludes pre-formed patties."
https://fred.stlouisfed.org/legal/#copyright-public-domainhttps://fred.stlouisfed.org/legal/#copyright-public-domain
Fresh regular 100% ground beef excluding round, chuck, and sirloin. Includes organic and non-organic. Excludes pre-formed patties."