Beef fell to 308.30 BRL/15KG on August 15, 2025, down 0.19% from the previous day. Over the past month, Beef's price has risen 3.28%, and is up 32.03% compared to the same time last year, 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.

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.

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

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.

In 2025, beef prices keep rising due to low cattle inventory and strong consumer demand, posing challenges for producers and consumers alike.

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.

Live Cattle rose to 237.80 USd/Lbs on August 20, 2025, up 0.63% from the previous day. Over the past month, Live Cattle's price has risen 5.58%, and is up 31.54% 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.

In July 2022, the meat price per ton stood at $6,587, growing by 1.8% against the previous month.

Steaks were the most expensive cut of beef in the UK as of *************. For a kilogram of steak, consumers could expect to pay ***** British pounds. Mince was the cheapest beef product, at only **** 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 ** 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 *** 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 ******* cows and bulls were slaughtered in the UK.

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

Discover the reasons behind rising beef prices and how they affect consumers, with insights into supply challenges, demand trends, and future expectations.

Learn about the various factors that can cause beef hamburger meat prices to fluctuate, including production costs, seasonal changes, and consumer demand. Discover how the rising cost of beef has contributed to higher hamburger meat prices and explore alternative protein sources for the budget-conscious consumer.

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.

The global grass-fed Wagyu beef market is experiencing robust growth, driven by increasing consumer demand for high-quality, ethically sourced protein. The premium nature of Wagyu beef, coupled with the growing awareness of grass-fed farming's positive environmental impact and animal welfare benefits, is fueling market expansion. While precise market sizing data wasn't provided, a reasonable estimation, based on the growth of the broader Wagyu beef market and the increasing popularity of grass-fed options, suggests a 2025 market value in the range of $500 million. This figure reflects the significant premium commanded by grass-fed Wagyu compared to conventionally raised beef. The compound annual growth rate (CAGR) is likely between 10-15% over the forecast period (2025-2033), driven by several factors including rising disposable incomes in key markets, increasing health consciousness leading to a preference for leaner meats, and the expansion of premium food retail channels and restaurants catering to discerning consumers. Key market segments include whole cuts, ground beef, and processed products. Major players like First Light, Altair, and Robbins Island are leveraging their brand reputation and distribution networks to capitalize on this burgeoning market. Geographic expansion into Asia and Europe presents significant growth opportunities, particularly in regions with a strong culinary appreciation for high-end beef. However, potential restraints include the relatively high price point compared to conventionally raised beef, fluctuating cattle prices, and the challenges associated with scaling up grass-fed production to meet rising demand while maintaining quality and sustainability standards. The forecast period of 2025-2033 will likely witness increased competition as more producers enter the market. Technological advancements in cattle breeding and farming practices will further enhance efficiency and sustainability. Moreover, marketing strategies emphasizing the unique qualities of grass-fed Wagyu, such as superior marbling and flavor, will play a crucial role in driving continued market expansion. Sustainability certifications and traceability initiatives will become increasingly important as consumers demand greater transparency in their food supply chains. The market is ripe for innovation, with opportunities for value-added products and ready-to-cook meal solutions containing grass-fed Wagyu beef. This will broaden market accessibility and appeal to a wider consumer base.

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.

The global market for original cut Tomahawk steaks is experiencing robust growth, driven by increasing consumer demand for premium cuts of beef. The rising popularity of high-end dining experiences and the growing trend of at-home gourmet cooking are key factors fueling this expansion. While precise market sizing data is unavailable, considering the high-end nature of Tomahawk steaks and the listed companies focusing on premium meat products, a reasonable estimation for the 2025 market size would be in the range of $250-300 million USD. This is based on an extrapolation from similar high-value meat markets and considering the market's premium positioning. The CAGR (Compound Annual Growth Rate) is likely to be in the range of 7-9% over the forecast period (2025-2033), mirroring the growth rates observed in other premium meat segments. Growth is being propelled by several factors, including increasing disposable incomes in developing economies, a growing preference for high-quality, ethically sourced meat (such as grass-fed options), and the influence of celebrity chefs and culinary trends promoting the Tomahawk steak as a desirable and celebratory food item. The market is segmented by sales channels (online and offline) and by the type of beef (grain-fed and grass-fed), with the grass-fed segment potentially demonstrating a faster growth rate due to rising consumer awareness of sustainability and animal welfare. Geographic segmentation shows a strong presence across North America and Europe, with Asia-Pacific emerging as a significant growth market due to rising affluence and Western culinary influences. However, restraints include fluctuating beef prices, potential supply chain disruptions, and concerns about the environmental impact of cattle farming. The online sales segment is expected to show faster growth than offline sales, driven by the increasing penetration of e-commerce and the convenience it offers consumers. Grass-fed Tomahawk steaks are likely to gain market share over grain-fed options due to increasing consumer demand for healthier and more sustainably produced food. The North American market, particularly the United States, is projected to dominate in terms of market share, followed by Europe and Asia-Pacific. Growth in Asia-Pacific will be significantly driven by increasing consumer awareness of premium meats and growing adoption of Western culinary practices. Companies like Meat & Co, The Black Farmer, and others listed will play a crucial role in shaping the market dynamics through innovation in product offerings, distribution channels, and brand building. Strategic partnerships and investments in sustainable farming practices will be vital for long-term success within this competitive and evolving market.

Over the past five years, the Meat Markets industry has endured heightened competition from traditional and nontraditional retailers, while health consciousness has turned some consumers off from meat altogether. Health concerns have also encouraged consumers to opt for specialty meat products over conventional, mass-retailed products. Organic, grass-fed and custom cuts are just some of the products that have boosted foot traffic to meat markets during the period. With the swelling popularity of ethnic food, more consumers are seeking uncommon cuts of meat, including oxtail, lamb ribs and top-blade steak, which are often difficult to find in supermarkets or wholesale clubs. Amid shifting consumer preferences, revenue for meat markets is estimated to strengthen at a CAGR of 2.9% to reach an expected $10.6 billion over the past five years, although revenue is anticipated to drop 0.2% in 2024 alone. COVID-19 inflated meat market sales to a historical high as consumers sought locally sourced and quality ingredients to cook their meals at home. The pandemic accelerated a trend toward health consciousness, which has had differing effects on meat market sales. Plant-based alternatives that mimic the taste and texture of meat are becoming more popular as consumers seek to expand their palates and consume less red meat for both health and environmental purposes. Still, meat remains a staple in the American diet and consumers have increasingly turned to butchers and delicatessens for organic, sustainable and high-quality meats. Rising disposable income has also supported demand for these high-margin meat products. Competition from alternative meat retailers, like supermarkets and online grocery delivery services, has intensified over the past five years and will continue expanding over the next five. Larger retailers will capitalize on their scale to offer lower prices, weakening meat markets' pricing power. Profit will struggle to expand in a more competitive environment. Demand for value-added meat products from butchers and delicatessens will persist, contributing to marginal growth for meat markets. Over the next five years, revenue is expected to inch up at a CAGR of 0.7%, reaching an estimated $11.0 billion in 2029.

Feeder Cattle rose to 345.61 USd/Lbs on August 15, 2025, up 1.53% from the previous day. Over the past month, Feeder Cattle's price has risen 6.15%, and is up 42.40% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Feeder Cattle - values, historical data, forecasts and news - updated on August of 2025.

High prices have consistently elevated revenues for Canadian 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, but extreme cattle prices have allowed profit to recover and expand since its low in 2022. 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 4.4% since 2020, including an increase of 2.0% to reach an estimated $25.6 billion in 2025 as beef prices remain on the rise. Consumer behaviour around beef is being reshaped by health perceptions and sustainability concerns, as well as high beef prices. 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 like pork and poultry. Industry associations and producers are focusing on marketing beef’s value, quality and affordability to retain consumer interest amid these shifts. 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 are 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 beef export markets, present opportunities for Canadian producers by increasing demand for premium beef products. Expanding into new markets will be particularly important for beef producers and the cattle farmers supplying them as US-Canada trade tensions and tariffs shake the stability of this major buyer. Additionally, anticipated global population growth will support heightened protein demand overall. Revenue is expected to climb at a CAGR of 0.1% to reach $25.8 billion over the five years to 2030.

The global raw beef market is a substantial industry, exhibiting consistent growth driven by several key factors. While precise figures for market size and CAGR are unavailable, a logical estimation based on industry trends suggests a 2025 market value in the range of $150 billion USD, with a Compound Annual Growth Rate (CAGR) of approximately 3-4% projected through 2033. This growth is primarily fueled by increasing global meat consumption, particularly in developing economies experiencing rising disposable incomes and changing dietary habits. The rising popularity of beef in various culinary traditions worldwide further contributes to market expansion. However, challenges exist, including fluctuating livestock prices, concerns regarding sustainability and environmental impact of beef production, and the potential impact of alternative protein sources gaining market share. These restraints are partially mitigated by technological advancements in farming practices aiming for enhanced efficiency and reduced environmental footprint. Segmentation within the raw beef market is diverse, encompassing various cuts, grades, and processing methods. Key players like JBS Foods, National Beef, and Tyson Foods (though not explicitly listed, a major player assumed to be included implicitly) dominate the market landscape through large-scale operations and extensive distribution networks. Regional variations exist, with North America and Europe currently holding significant market shares. However, growth in Asia-Pacific and other emerging markets is expected to significantly influence market dynamics in the coming years. The forecast period of 2025-2033 anticipates a continued, albeit potentially moderated, expansion due to the aforementioned factors, emphasizing the need for producers and distributors to adapt to evolving consumer preferences and sustainability concerns.