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US beef retail prices kept climbing into early 2025, with sirloin reaching $11.97 per pound in January, a record. Ground beef averaged $5.55 per pound in March.
The reopening of Mexican cattle imports had not cooled prices, as US cattle inventories are at one of their lowest levels in seven decades.
Persistently strong retail beef prices reflect tight cattle supplies and support fed and feeder cattle values. Reopened Mexican imports so far are too small to ease the supply shortage.
selinawamucii.comTimothy WahomeMar 6, 2025Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
