Ground beef (US)
- Ground beef (US) costs about $6.92 a pound in the US (August 2026, BLS).
- When live cattle prices jump, ground beef usually follows 1–2 months later.
- Last time this happened: when live cattle futures jumped +44.7% (28 Jun 2013 → 17 Nov 2014), ground beef moved Jun 2013 ($3.382/lb) → Dec 2014 ($4.156/lb, +22.9%) → Jun 2015 ($4.221/lb, +24.8%) (BLS APU0000703112).
- Other forces were pushing too: The 2014 PEDv virus outbreak lifted pork prices, pulling protein demand toward beef; herd-rebuilding retention also tightened slaughter supply.
BLS Average Price Data — 'Ground beef, 100% beef, per lb.' in U.S. city average (FRED APU0000703112) Lag basis: Leibtag (2009), USDA ERS: retail beef prices respond to commodity/input cost changes in 1–2 months.