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What is the current price of beef per pound?
The correct price for the all fresh retail value of beef is 754.8 cents per pound.What is the current hanging weight price for beef?
Whole Beef Avg Cost of Cut Meat = $6.60/lb. Hanging Weight ~700lbs x $4.00/lb = $2,800. + Processing (~$125/Quarter) = $500. A whole beef with a hanging weight of 700 lbs would yield approximately 500 lbs of cut meat. Half Beef Estimate of Total Cost = $ 1,738. Half Beef Avg Cost of Cut Meat = $6.95/lb.What is the current market price for beef?
Market prices of beef have decreased. Prior to 2019, one kg of beef was going for US$5.92 in 2017 and US$6.35 in 2018. In 2019 the export price changed to $6.28 per kilo, by -1.112%. High return markets in 2019 for US beef for a kg were from exports to Nigeria, the Dominican Republic, China, Hong Kong and Panama. The exports of beef from US are categorised as: