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What is the current price of beef per pound?

The correct price for the all fresh retail value of beef is 754.8 cents per pound.

What is the current market price for beef?

Market prices of beef have decreased. Prior to 2019, one kg of beef was going for US$5.92 in 2017 and US$6.35 in 2018. In 2019 the export price changed to $6.28 per kilo, by -1.112%. High return markets in 2019 for US beef for a kg were from exports to Nigeria, the Dominican Republic, China, Hong Kong and Panama. The exports of beef from US are categorised as:

How much is beef selling for on the hoof?

How much is beef selling for on the hoof? Tonsor projects 2020 steer calf prices to average $173 to $181. He sees 700- to 800-pound steers averaging $149 to $155 per cwt. Fed steers are forecast to average $117 to $121 in 2020. Those prices are similar to 2018, when 3% more pounds of beef were marketed than in 2017.

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