Beef (World Bank)

The Beef (World Bank) index represents the price of New Zealand beef, 90% chemical lean, imported into the US, and serves as a benchmark for the global meat market in the agricultural sector. In 2025, prices ranged from 6.46 USD/kg to 7.51 USD/kg with an average level of 6.85 USD/kg. From January 2024: Beef (New Zealand), 90% chemical lean, c.i.f. U.S. imported; September 2021 - December 2023: (Australia) cow forequarters, 85% chemical lean, c.i.f. U.S. imported; 1995-August 2021: Australia/New Zealand mixed trimmings 85%, East Coast, 7-45 day deferred delivery, FOB port of entry; previously cow forequarters.