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Key Takeaway
US Beef Import prices increased from US$ 6,001/MT in October 2024 to US$ 6,627/MT in September 2026, a gain of 10.4%. Prices declined to a low of US$ 5,942/MT in November 2024 before recovering through the remainder of the period, with a particularly strong increase during November–December 2025. The trend indicates a moderate upward movement in the quoted benchmark.
- U.S. beef import prices are influenced by cattle availability, beef production, domestic consumption, and the supply of imported meat from major exporting countries, including Australia and New Zealand. Drought conditions, pasture availability, feed costs, and herd rebuilding or liquidation cycles can affect cattle supplies and export volumes.
- U.S. consumer demand, processing requirements, exchange rates, freight costs, and import tariffs also influence landed prices. Changes in the availability of lean manufacturing beef for blending and processing are particularly important for the specified import benchmark.
About This Dataset
This dataset tracks the CIF U.S. import price of Australian and New Zealand beef forequarters specified at 85% lean. Quoted in US cents per pound, it helps monitor imported beef price trends and assess changes in international meat-market values, import costs, and competitive pricing in the U.S. market.
Methodology
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