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.

Learn about the factors affecting ground beef prices in the US, including demand, supply, COVID-19, competition, and production costs. Find out why prices are fluctuating and how they are expected to continue rising in the near future.

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.

Learn about the factors that impact the average price of ground beef in the United States and how quality, location, and external factors can affect the price per pound.

Current price of Beef Ground Beef 90%. Daily U.S. Boxed Beef prices per pound, based on negotiated prices and volume of boxed beef cuts delivered within 0-21 days and on average industry cutting yields.

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.

Current price of Beef Ground Beef Chuck. Daily U.S. Boxed Beef prices per pound, based on negotiated prices and volume of boxed beef cuts delivered within 0-21 days and on average industry cutting yields.

In Canada, one kilogram of ground beef cost an average 11.72 Canadian dollars in March 2024. Ground, otherwise known as minced, beef is often considered a cheaper and more versatile alternative to other cuts of beef. For example, prime rib roast cost an average 43.16 Canadian dollars per kilogram in February 2022, over three times as much as ground beef. Trends in Canadian meat consumption As of 2022, beef was the second most consumed meat in Canada, after chicken. Beef consumption has been decreasing though, at just about 25.7 kilograms per capita in 2022. This is compared to almost 40 kilograms per capita in1980. Just under half of Canadians stated that they consume meat daily when surveyed. With up and coming trends in eating behavior in Canada , such as vegetarianism and veganism, it is possible that consumption will decrease in the coming years and decades.

Current price of Beef Ground Beef Sirloin. Daily U.S. Boxed Beef prices per pound, based on negotiated prices and volume of boxed beef cuts delivered within 0-21 days and on average industry cutting yields.

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.

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.

100% ground chuck beef, regardless of fat content. Includes organic, non-organic, fresh, and frozen. Excludes pre-formed patties."

10 Global import shipment records of Hamburger with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Learn about the factors that affect the market price for ground beef, current prices in the U.S., regional variations, and the impact of COVID-19 on pricing. This article explains everything you need to know about the fluctuating ground beef market.

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.

81991 Global export shipment records of Hamburger with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

Find out the average price, factors affecting the cost of ground beef, and tips to get the best deal on ground beef in this article. Read now to learn more.

Monthly average retail prices for selected products, for Canada and provinces. Prices are presented for the current month and the previous four months. Prices are based on transaction data from Canadian retailers, and are presented in Canadian current dollars.

At 8.07 U.S. dollars, Switzerland has the most expensive Big Macs in the world, according to the July 2024 Big Mac index. Concurrently, the cost of a Big Mac was 5.69 dollars in the U.S., and 6.06 U.S. dollars in the Euro area. What is the Big Mac index? The Big Mac index, published by The Economist, is a novel way of measuring whether the market exchange rates for different countries’ currencies are overvalued or undervalued. It does this by measuring each currency against a common standard – the Big Mac hamburger sold by McDonald’s restaurants all over the world. Twice a year the Economist converts the average national price of a Big Mac into U.S. dollars using the exchange rate at that point in time. As a Big Mac is a completely standardized product across the world, the argument goes that it should have the same relative cost in every country. Differences in the cost of a Big Mac expressed as U.S. dollars therefore reflect differences in the purchasing power of each currency. Is the Big Mac index a good measure of purchasing power parity? Purchasing power parity (PPP) is the idea that items should cost the same in different countries, based on the exchange rate at that time. This relationship does not hold in practice. Factors like tax rates, wage regulations, whether components need to be imported, and the level of market competition all contribute to price variations between countries. The Big Mac index does measure this basic point – that one U.S. dollar can buy more in some countries than others. There are more accurate ways to measure differences in PPP though, which convert a larger range of products into their dollar price. Adjusting for PPP can have a massive effect on how we understand a country’s economy. The country with the largest GDP adjusted for PPP is China, but when looking at the unadjusted GDP of different countries, the U.S. has the largest economy.

Learn about the current average cost per pound of ground beef in the United States and factors that affect its price, including quality, location, and season. Discover tips for shopping for ground beef and getting the best value for your money.