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.

Steaks other than round or sirloin, regardless of cut or grade. Includes bone-in, boneless, 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).

Beef traded flat at 296.10 BRL/15KG on July 23, 2025. Over the past month, Beef's price has fallen 6.80%, but it is still 28.91% 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 July of 2025.

Meat Price Index in World increased to 126 Index Points in June from 123.40 Index Points in May of 2025. This dataset includes a chart with historical data for World Meat Price Index.

In November 2024, the inflation rate of live animals and meat increased by ***** percent compared to the same month. The inflation of pork meat in Mexico increased by ***** percent compared to the same month of the previous year. That month, beef meat had an inflation rate of ***** percent, while chicken meat saw an increase of ** percent compared to May 2024.

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 Canadian sheep and goat meat market rose significantly to $297M in 2024, with an increase of 11% against the previous year. Overall, the total consumption indicated a temperate expansion from 2012 to 2024: its value increased at an average annual rate of +3.9% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -15.1% against 2022 indices.

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.

In 2024, the global goat meat market decreased by -3.2% to $48.8B, falling for the second year in a row after six years of growth. The market value increased at an average annual rate of +2.6% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Global consumption peaked at $51.2B in 2022; however, from 2023 to 2024, consumption stood at a somewhat lower figure.

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

Poland Retail Price: Beef Meat without Bone data was reported at 50.310 PLN/kg in Feb 2025. This records an increase from the previous number of 50.020 PLN/kg for Jan 2025. Poland Retail Price: Beef Meat without Bone data is updated monthly, averaging 33.530 PLN/kg from Jan 2010 (Median) to Feb 2025, with 182 observations. The data reached an all-time high of 50.310 PLN/kg in Feb 2025 and a record low of 26.500 PLN/kg in Sep 2010. Poland Retail Price: Beef Meat without Bone data remains active status in CEIC and is reported by Statistics Poland. The data is categorized under Global Database’s Poland – Table PL.P001: Retail Price: Food Products: by Region.

Philippines Retail Price: Beef Pure Meat: Region 3: Central Luzon data was reported at 482.110 PHP/kg in 15 May 2025. This records an increase from the previous number of 480.870 PHP/kg for 30 Apr 2025. Philippines Retail Price: Beef Pure Meat: Region 3: Central Luzon data is updated daily, averaging 458.700 PHP/kg from Jun 2023 (Median) to 15 May 2025, with 47 observations. The data reached an all-time high of 482.110 PHP/kg in 15 May 2025 and a record low of 443.910 PHP/kg in 31 Oct 2024. Philippines Retail Price: Beef Pure Meat: Region 3: Central Luzon data remains active status in CEIC and is reported by Philippine Statistics Authority. The data is categorized under Global Database’s Philippines – Table PH.P: Retail Price: Selected Agricultural Commodities.

For the fourth consecutive year, the Canadian meat and poultry market recorded growth in sales value, which increased by 2.3% to $15B in 2024. The market value increased at an average annual rate of +2.7% from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 8% against the previous year.

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.

High prices have consistently elevated revenues for cattle producers over the current period but also discouraged herd rebuilding and drained cattle supplies. Cattle prices have surged due to reduced herds in North America, influenced by persistent droughts impeding effective herd rebuilding. Although producers are generally inclined to rebuild, the volatility of high prices, along with the unpredictability of future drought impacts, has discouraged extensive retention practices. Profit has also been pressured by elevated input costs, particularly feed, which remains significantly above pre-2020 levels. Compounding these challenges is the difficulty in passing increased costs onto consumers, who have shown a growing propensity to switch to alternative proteins. This, combined with the inherent volatility in agricultural outputs due to extreme weather events, continues to strain the financial health of producers despite elevated cattle prices. Overall, revenue has climbed at a CAGR of 4.6% over the five years to 2025, including an increase of 2.3% to an estimated $25.8 billion in 2025 alone as beef prices remain on the rise. Consumer behaviour around beef is being reshaped by health perceptions and sustainability concerns exacerbated by economic factors. Persistent health advisories recommending reduced red meat consumption influence both domestic and global market demands, pushing consumers towards substitute proteins. Awareness around sustainability is intensifying interest in plant-based alternatives as environmentally friendly consumption gains traction. While inflation has moderated overall, beef prices continue to rise in response to supply-related constraints, making the protein more costly and steering some consumers toward more affordable options. Industry associations and producers are focusing on marketing beef’s value, quality and affordability to retain consumer interest amid these shifting preferences. The future outlook for the cattle industry will be strongly influenced by red meat prices which will see initial short-term price increases and then expected to ease over time, ultimately resulting in higher price levels in 2030 compared to 2025. These trends are driven by supply constraints and shifting global demands, while herd rebuilding efforts will gradually moderate the huge price increases of the current period. Concurrently, sustained pressures from consumer sustainability concerns are likely to continue spurring interest in alternative proteins, propelling producers toward adopting emission-reducing production methods. Nonetheless, rising disposable incomes, especially in emerging export markets, present opportunities for Canadian producers by increasing demand for premium beef products. These markets promise to buffer challenges faced in traditional markets by amplifying the demand for high-quality, sustainable and organic beef. Capturing these opportunities will require focusing on market diversification, sustainable practices and product differentiation. Additionally, anticipated global population growth supports heightened protein demand overall, positioning Canadian beef exporters to thrive, provided they navigate competitive market dynamics and consumer preferences adeptly. Revenue is expected to climb at a CAGR of 0.4% to reach $26.36 billion over the five years to 2030.

In 2024, the Chinese meat market increased by 0.9% to $285.6B, rising for the fifth consecutive year after two years of decline. The market value increased at an average annual rate of +2.1% 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 in 2024 and is expected to retain growth in years to come.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Meats, Poultry, Fish, and Eggs in U.S. City Average (CUSR0000SAF112) from Jan 1967 to May 2025 about seafood, poultry, meat, urban, consumer, CPI, inflation, price index, indexes, price, and USA.

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.

The Canadian processed meat market expanded slightly to $21.9B in 2024, increasing by 2.4% against the previous year. Overall, the total consumption indicated pronounced growth from 2012 to 2024: its value increased at an average annual rate of +3.5% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, consumption decreased by -3.6% against 2022 indices.

United States Wholesale Price: Beef: CentralUS: BoxedCutout: Select 1-3: 600-900lb data was reported at 309.020 USD/cwt in Mar 2025. This records an increase from the previous number of 308.320 USD/cwt for Feb 2025. United States Wholesale Price: Beef: CentralUS: BoxedCutout: Select 1-3: 600-900lb data is updated monthly, averaging 180.610 USD/cwt from Jan 2000 (Median) to Mar 2025, with 303 observations. The data reached an all-time high of 386.240 USD/cwt in May 2020 and a record low of 101.460 USD/cwt in Nov 2001. United States Wholesale Price: Beef: CentralUS: BoxedCutout: Select 1-3: 600-900lb 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.