Beef Price
Tracked via a US import price benchmark (97% lean, boneless), representing global wholesale beef costs even though most consumption is domestic to the producing country. Brazil, the US, the EU and China are the largest producers; prices are driven by feed costs (corn and soybean meal), herd cycles that take years to expand or shrink, and disease outbreaks like foot-and-mouth or mad cow disease that can trigger sudden import bans.
Latest World price (2025-12): +29% vs. the 5-year average, +45% vs. the 10-year average, +18% vs. a year ago.
Price Chart
"World" is the global benchmark price (World Bank Pink Sheet, monthly since 1960, where available). Currency conversion uses monthly ECB reference rates since 1999 (some currencies joined later) — for comparison, not precise historical FX accounting.
Top Producers
- United States — 12,286,638 t
- Brazil — 8,962,423 t
- China — 6,774,120 t
- Argentina — 3,287,046 t
- Australia — 2,234,836 t
FAOSTAT production data, 2023.