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 **** U.S. dollars, up from **** U.S. dollars in 2008. Cattle and beef production in the U.S. In 2022, there were almost ** 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 *********** U.S. dollars in sales per store per week, compared to approximately *********** dollars for chicken, and less than ************* dollars for pork. As of 2021, per capita consumption of beef in the United States amounted to about ** pounds per 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.
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All uncooked ground beef regardless of fat content, primal source (chuck, round, sirloin, etc.), or packaging. Includes organic and non-organic."
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Discover the factors that affect the price of ground beef, including quality, region, and season. Get to know the average price of a pound of ground beef and learn how market conditions and the COVID-19 pandemic influenced its prices. Find out how to get the best value for your money.
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.
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United States Consumer Price: Average: WU: Ground Beef, Lean & Extra Lean data was reported at 5.147 USD/lb in Oct 2018. This records a decrease from the previous number of 5.345 USD/lb for Sep 2018. United States Consumer Price: Average: WU: Ground Beef, Lean & Extra Lean data is updated monthly, averaging 2.862 USD/lb from Jan 1991 (Median) to Oct 2018, with 334 observations. The data reached an all-time high of 6.767 USD/lb in Jul 2015 and a record low of 1.957 USD/lb in Dec 1996. United States Consumer Price: Average: WU: 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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Learn about the factors that affected the prices of ground beef in the United States in 2019, including supply, cattle feed costs, regional weather events, and quality of meat.
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Learn about the factors that affect the price of ground beef in the United States. Find out why region, availability, and grade impact the cost of this popular meat product.
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Learn about the price of ground beef in the United States, how the COVID-19 pandemic has impacted its price, and other factors that affect its cost. Despite fluctuations, ground beef remains an affordable staple in American households.
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Beef rose to 294.35 BRL/15KG on July 31, 2025, up 0.05% from the previous day. 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.
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Find out the factors that affect the price of 1 lb of ground beef and learn why the average retail price of ground beef is around $3.84 per pound in 2021.
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Current price of Beef Ground Beef 85%. 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.
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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.
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.
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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.
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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.
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Any ground beef that is lean or extra lean, regardless of packaging. Includes organic, non-organic, fresh, and frozen."
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Historical and current average prices for Ground Beef in the United States, measured per pound
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Current price of Beef Ground Beef 81%. 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.
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."