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Beef rose to 317.40 BRL/15KG on June 27, 2025, up 0.52% from the previous day. Over the past month, Beef's price has risen 4.03%, and is up 40.97% 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 July of 2025.
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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.
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.
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Learn about the various factors that affect American beef prices, including production costs, trade policies, and supply and demand. Find out how recent international trade tensions and pandemic-related disruptions have impacted the retail price of beef in the United States.
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The U.S. beef market expanded modestly to $79.4B in 2024, surging by 4.4% against the previous year. The market value increased at an average annual rate of +2.5% 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 at $80.4B in 2022; however, from 2023 to 2024, consumption remained at a lower figure.
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Discover the challenges in the U.S. beef supply as cattle numbers reach historic lows, driving up meat prices. Insights from Omaha Steaks' CEO Nate Rempe and future predictions for market recovery.
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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).
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Fresh regular 100% ground beef excluding round, chuck, and sirloin. Includes organic and non-organic. Excludes pre-formed patties.
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).
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Live Cattle fell to 213.99 USd/Lbs on June 30, 2025, down 4.79% from the previous day. Over the past month, Live Cattle's price has fallen 1.14%, but it is still 16.13% higher than a year ago, 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 July of 2025.
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Interactive monthly chart and 34 years of historical data from 1991 to 2025.
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The US beef cattle production industry is currently marked by tight supply conditions and elevated prices. Over recent years, persistent drought conditions have led to significant herd liquidation, with beef cow numbers falling to historic lows. This contraction has created a bottleneck in calf production and feeder cattle availability, sustaining high cattle prices. In tandem, elevated feed costs have further pressured prices upwards, driving revenue as cattle producers seek to pass on costs and maintain their heightened profit. As herd rebuilding has remained slow, cattle supplies have remained low and kept prices high even as feed, energy and other key agricultural input costs have declined from their highs in 2022. Industry revenue has grown at a CAGR of 6.3% during the current period to reach an estimated $97.3 billion after declining by 1.0% in 2025. Consumer preferences are shifting in the beef cattle production industry. There is an increasing awareness of environmental and health-related concerns associated with beef consumption. Consequently, many consumers are reducing their intake of conventional beef, turning instead towards more sustainable and perceived healthier alternatives such as grass-fed and organic beef. This shift has spurred growth in these segments as consumers look for transparency and ethical farming practices. Retailers and restaurants have responded accordingly by offering more options that align with these consumer preferences. However, these trends also pose challenges, especially for smaller producers who face significant costs associated with transitioning to sustainable practices or achieving certifications like organic or "sustainably raised." Though opportunities for growth will continue to present themselves, the outlook for the industry as a whole does not look as positive in the next five years. Poultry, pork and plant-based proteins will threaten beef demand as they appeal to health-conscious customers, particularly as cattle prices are elevated. Climate change will also continue to introduce environmental pressures, demanding resilience and adaptability from producers. Periods of stable weather could facilitate herd rebuilding, leading to increased cattle supplies and dropping prices, but continued climatic fluctuations and extreme weather events could reduce the consistency of production and increase revenue volatility. Advancements in technology, such as drones and wearable sensors, promise to help optimize cattle management, improving operational efficiencies and animal welfare. These innovations, however, require investment and broader accessibility to ensure equitable adoption across the industry. Additionally, while global trade disruptions remain a concern due to disease outbreaks and geopolitical tensions, US producers will have opportunities in niche market segments to differentiate themselves, counterbalancing some of these pressures. Overall, revenue for cattle producers is forecast to decline through 2030 at a CAGR of 1.5% to $90.4 billion.
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Beef Price in the United States - 2023. Find the latest marketing data on the IndexBox platform.
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.
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Steaks other than round or sirloin, regardless of cut or grade. Includes bone-in, boneless, organic, non-organic, fresh, and frozen."
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Learn about the live weight price of cattle, also known as the beef market, and its impact on the US beef industry. Discover factors affecting prices and how the futures market helps mitigate risk for buyers and sellers.
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Fresh regular 100% ground beef excluding round, chuck, and sirloin. Includes organic and non-organic. Excludes pre-formed patties."
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Feeder Cattle fell to 306.69 USd/Lbs on June 30, 2025, down 0.41% from the previous day. Over the past month, Feeder Cattle's price has risen 1.68%, and is up 19.27% 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 June of 2025.
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Current price of Beef Bone-in. 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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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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Beef rose to 317.40 BRL/15KG on June 27, 2025, up 0.52% from the previous day. Over the past month, Beef's price has risen 4.03%, and is up 40.97% 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 July of 2025.