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Price of Ground Beef Hits AllTime High

Retail ground beef prices were at $5.21/lb. in December, down 14 cents from the month prior and up 41 cents from the same time last year. Retail ground beef prices averaged $5.02 in 2023, the highest annual average on record. Retail ground beef prices averaged $4.81 in 2022, up 55 cents from the prior year. Retail ground beef prices averaged $4.


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Advertised Prices for Beef at Major Retail Supermarket Outlets ending during the period of 03/15 thru 03/21 (prices in dollars per pound) Fri. Mar 15, 2024 NATIONAL SUMMARY THIS WEEK LAST WEEK LAST YEAR. Ground Beef 90% Or More 1,750 4.93 2,740 4.53 1,170 5.88 Ground Beef 80-89% 6,920 4.39 4,370 4.47 6,010 3.90.


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Average Price: Ground Chuck, 100% Beef (Cost per Pound/453.6 Grams) in U.S. City Average. Skip to main content. Federal Reserve Economic Data: Your trusted data source since 1991. Ground Chuck, 100% Beef (Cost per Pound/453.6 Grams) in U.S. City Average [APU0000703111], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.


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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).


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Price spreads for Choice beef and pork are reported for last 6 years, 12 quarters, and 24 months. The retail price file provides monthly estimates for the last 24 months. The historical file provides monthly data since 1970. Retail prices and values are based on data provided by the U.S. Department of Labor, Bureau of Labor Statistics.


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It's What's For Dinner.'s Wholesale Price Update gives a unique, top-line view of average reported wholesale prices on beef subprimal cuts. Charts are prepared using data from USDA Market News and the VMMeat® System by Meat Solutions. Subscribe to our weekly distribution list. Below you'll find pricing data for Choice Grade Cuts and.


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Prices for Ground Beef, 1943-2024 ($5.48) According to the U.S. Bureau of Labor Statistics, prices for uncooked ground beef are 1,791.28% higher in 2024 versus 1943 (a $98.16 difference in value).. The current national average price is $5.48 for "All uncooked ground beef, per lb. (453.6 gm)". This data is collected by a national survey and can vary from region to region.


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Get today's Real-Time cattle prices for steers, heifers, and calves around the United States


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Pound of Ground® is available to Buy Online! Buy Online. If you need assistance, please contact customer service to locate a store near you that carries Pound of Ground® beef products. Find Pound of Ground® in the Frozen Meat Section Pound of Ground® Ground Beef Crumbles® and Burger Thins™ Near You.


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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.


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USDA's All Fresh beef price series peaked at $7.38 per pound in June, 2020. The December monthly average price (released on January 14th) was $6.23 per pound. Retail beef prices declined fairly quickly after the June peak and were averaged $6.38 in August. This data, reported by USDA, is gathered by the Bureau of Labor Statistics and reflects.


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The Retail Beef Price Composite (RBPC) was at $7.37 in December, down 4 cents from the prior month. Retail lean ground beef prices were reported at $6.67 in December, down 6 cents from the prior month. Steak (Round, USDA Choice) prices were reported at $7.99 in December, up 13 cents from the prior month.


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In 2022, a pound of ground beef cost 4.8 U.S. dollars, up from 2.41 U.S. dollars in 2008. However, depending on where you purchase your ground beef, you may find prices ranging from $3 to as much as $10 per pound. Most stores offer ground beef with varying lean to fat ratios, including 73%, 75%, 81%, 90%, 93%, and 100%.