Beef Price
Global Beef Price — Historical Chart
$341.60/kg
▲ 14.53% YoYJun 2026
All-Time High
$351.41/kg
All-Time Low
$144.81/kg
Data Since
2010
Source: FRED / IMFShaded = NBER recessions
Beef price in USD per kilogram (IMF). US and Australian beef production dominates global trade. Beef prices have trended structurally higher for decades as rising middle classes in China, Southeast Asia, and Latin America add protein to their diets. Supply is constrained by land, water, and feed costs — the protein transition is a multi-decade demand growth story with inelastic supply.