Beef Prices Today
In the protein category, few markets are as complex or volatile as beef. From feed costs and drought cycles to international trade and consumer demand shifts, beef commodity prices are constantly in motion. Expana reports beef prices as frequently as twice a day, as well as forecasting prices using world-leading methodology. This allows you to make both real-time, informed decisions and proactive buying plans to reduce your costs.
Expana —the IOSCO assured global leader in beef commodity prices and global market intelligence
Through regular engagement with industry leaders, Expana delivers deep insights into global beef prices and market trends. Trusted by buyers, analysts, and procurement teams, our data helps businesses understand real-time beef prices today, price movements, supply-demand shifts, and broader industry sentiment. Expana Indices support confident decision-making across a range of industries by offering frequent, transparent price updates and strategic insight.
Our beef coverage includes:
- industry-leading, IOSCO assured beef price indices and benchmark prices across global markets, updated up to twice daily
- exclusive provider of Certified Angus Beef and Brazilian Beef export prices to China
- coverage of top beef producers and importers from the USA to Taiwan
- daily beef market reports
- beef price forecasting looking 2 years ahead
Expana allows you to build your own cost models, whether it be simple beef burgers to more complex manufactured items such as ready meal lasagne, to track your COGS over time and enabling cost saving decisions.
Looking for full insights on the beef market? Get a demo today.
Unbiased and independent insights and analysis for the beef industry
Trusted data and insights, backed by experts
With Expana, you can trust that our data has been thoroughly vetted by top market analysts to ensure it is both accurate and reliable.
Our beef forecasting methodology
Expana’s beef price forecasts are grounded in a comprehensive analysis of commodities’ market dynamics. Our robust methodology integrates macro-economic, fundamental, and technical analyses, providing solid recommendations and driving effective decision-making in the beef commodity market.
- The macro-economic analysis explores global manufacturing sector developments, and their impact on commodity prices, presenting key indicators such as GDP, unemployment, inflation, and interest rates for major regions.
- The fundamental analysis offers an overview of the current beef and cattle supply-and-demand balance, detailing developments in production, consumption, inventory, and cost drivers. It also examines factors such as speculation, price seasonality, and volatility
- Finally, the technical analysis employs indicators such as moving averages, MACD and RSI to anticipate changes in price movements
The breadth and depth of Expana’s analysis ensure that our beef forecasts are accurate, reliable, and actionable. This comprehensive approach equips businesses with the knowledge and foresight needed to navigate the market confidently, seize opportunities, and mitigate risks.
Use cases
Sam Pearl
Former Senior Buying Manager, Tesco
Efficiency
Save time and improve productivity with our actionable insights.
Cost control
Navigate market challenges and maximize long-term success.
Profitability
Utilize our data, market fundamentals, and forecasting expertise to gain a financial edge.
Risk mitigation
Manage risks proactively and minimize your exposure to price fluctuations.
Essential intelligence for industry professionals
Expana delivers essential intelligence to industry professionals across red meat industries, ensuring business leaders stay informed about the latest prices and industry trends, enabling them to effectively navigate disruptions, manage prices, and deliver value to their customers.
FAQs
External factors such as currency rates, animal disease, trade policy and environment regulations all affect the global beef market.
| Rank | Producers (2023–2024 est.) | Importers (by value) |
| 1 | USA (~12.3 Mt) | China/Hong Kong (USD 12.4 B) |
| 2 | Brazil (~11.8 Mt) | USA (USD 3.23 B) |
| 3 | China (~7.8 Mt) | South Korea (USD 2.2 B) |
| 4 | EU (~6.6 Mt) | Japan (top‑5) |
| 5 | India (~4.3 Mt) | Taiwan (top‑5) |
Demand for beef is affected by consumer income and preferences, foodservice trends and global trade
Cattle inventory, feed costs, weather and production cycles all influence the supply of beef.