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US third-quarter per-capita beef consumption rose to 14.6 pounds from 14.4 pounds a year earlier, even as the average retail beef price increased 6% to $9.63 per pound. The resulting beef demand index reached 131, its highest level for the period assessed from 2000 to 2026, while per-capita pork consumption was unchanged at 12.0 pounds.
Stronger beef consumption alongside higher prices signals robust demand and may support live cattle values. Flat per-capita pork consumption provides a neutral demand signal for hogs.
meatingplace.comLen SteinerNov 11, 2026After 268 past bullish report events, Live Cattle moved a median +0.3% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +1.7% over 20.
After 61 past neutral report events, Lean Hogs moved a median -0.4% over 5 sessions (48% higher; middle half -1.3% to +1.8%), and +2.1% over 20.
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.
