Retail Beef Prices

Retail Beef Prices Up 1 Cent

Retail beef prices in December showed minimal overall movement, with the Retail Beef Price Composite inching up by $0.01 to $7.66/lb compared to November. Among ground beef products, prices were mixed; while Ground Beef fell $0.02 to $5.61/lb, Lean & Extra Lean Ground Beef surged by $0.15, reaching $7.12/lb, reflecting strong demand for leaner cuts. Meanwhile, Ground Chuck decreased slightly by $0.03 to $5.58/lb, and All Uncooked Ground Beef dipped by $0.01. These shifts indicate a modest but varied change across ground beef categories.

For other beef products, roasts and steaks showed contrasting trends. Chuck Roast, Choice, Boneless saw a notable rise of $0.19, landing at $7.77/lb, while Round Roast, Choice, Boneless climbed significantly by $0.35 to $7.49/lb, contributing to a $0.12 increase in All Uncooked Beef Roasts to $7.72/lb. On the other hand, Steak, Round, USDA Choice dropped by $0.02 to $8.14/lb, and Steak, Sirloin USDA Choice Boneless declined sharply by $0.35 to $11.67/lb. All Uncooked Other Beef decreased the most, falling $0.14 to $6.95/lb, reflecting weaker demand for miscellaneous cuts. These changes collectively highlight nuanced price adjustments across beef categories in December.