Australia/New Zealand, CIF US ports averaged $7.28/kg in August 2026, +6% over twelve months and +72% over ten years. The nominal all-time high was $8.21/kg in March 2026; in 2024 dollars the real peak was $17.15/kg in August 1973. Monthly averages, World Bank Pink Sheet.
Australia/New Zealand, CIF US ports
Derived price statistics per series
Series
Latest
1 month
12 months
5 years
10 years
20 years
All-time high (nominal)
All-time high (real, 2024 US$)
Australia/New Zealand, CIF US ports $/kg, since 1960
7.28 August 2026
-0%
+6%
+30%
+72%
+174%
8.21 March 2026
17.15 August 1973
Percentage changes compare the latest monthly average with the monthly average 1, 12, 60, 120 and 240 months earlier. Real prices deflate by the US consumer price index (BLS via FRED) to 2024 dollars.
Prices are monthly benchmark averages that may lag the market; informational only, not investment, legal or trade advice. For what these benchmarks mean and how they are set, see how beef is priced.
Monthly beef prices by decade
Choose a decade. Values are monthly averages in the unit shown; blank cells mean no quote was published.
Australia/New Zealand, CIF US ports ($/kg)
Australia/New Zealand, CIF US ports monthly prices, 1960s, $/kg
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
1960
0.71
0.71
0.77
0.84
0.76
0.71
0.75
0.78
0.81
0.71
0.63
0.67
0.737
1961
0.64
0.64
0.78
0.71
0.64
0.68
0.67
0.69
0.71
0.67
0.64
0.72
0.683
1962
0.76
0.76
0.71
0.65
0.73
0.79
0.76
0.75
0.8
0.68
0.59
0.6
0.715
1963
0.57
0.56
0.56
0.65
0.69
0.69
0.76
0.83
0.7
0.67
0.63
0.69
0.667
1964
0.73
0.79
0.82
0.83
0.87
0.86
0.94
0.9
0.82
0.84
0.84
0.86
0.842
1965
0.85
0.85
0.85
0.85
0.84
0.86
0.88
0.89
0.91
0.93
0.91
0.94
0.88
1966
0.97
0.96
1.07
1.07
1.04
0.99
0.97
1
1.05
1.05
1.03
1.06
1.02
1967
1.08
1.06
1.04
1.06
1.04
1.04
1.04
1.03
1.04
1.04
1.01
1.02
1.04
1968
1.03
1.02
1.03
1.05
1.08
1.11
1.1
1.1
1.16
1.17
1.1
1.09
1.09
1969
1.09
1.09
1.13
1.16
1.24
1.31
1.3
1.37
1.32
1.23
1.21
1.21
1.22
Australia/New Zealand, CIF US ports monthly prices, 1970s, $/kg
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
1970
1.3
1.33
1.35
1.36
1.33
1.3
1.29
1.25
1.28
1.28
1.27
1.31
1.3
1971
1.34
1.37
1.38
1.4
1.4
1.37
1.35
1.32
1.3
1.31
1.29
1.32
1.35
1972
1.39
1.4
1.45
1.5
1.51
1.54
1.51
1.49
1.46
1.47
1.48
1.57
1.48
1973
1.7
1.87
1.98
1.85
1.85
1.8
1.96
2.46
2.26
2.18
2.14
2.07
2.01
1974
2.04
1.98
1.74
1.62
1.54
1.45
1.64
1.61
1.4
1.39
1.32
1.26
1.58
1975
1.15
1.15
1.14
1.28
1.37
1.33
1.35
1.3
1.42
1.53
1.47
1.44
1.33
1976
1.49
1.59
1.71
1.81
1.78
1.6
1.53
1.58
1.56
1.43
1.41
1.5
1.58
1977
1.58
1.64
1.62
1.55
1.5
1.46
1.42
1.39
1.41
1.46
1.46
1.58
1.51
1978
1.72
1.91
2
2.24
2.25
1.99
1.95
2.03
2.24
2.35
2.42
2.57
2.14
1979
2.8
2.93
3.01
3.15
3.04
2.78
2.48
2.56
2.88
2.86
3.03
3.1
2.89
Australia/New Zealand, CIF US ports monthly prices, 1980s, $/kg
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
1980
3.01
2.97
2.6
2.52
2.44
2.51
2.75
2.92
2.85
2.86
2.94
2.75
2.76
1981
2.68
2.57
2.5
2.53
2.49
2.44
2.41
2.41
2.49
2.43
2.37
2.36
2.47
1982
2.38
2.38
2.38
2.4
2.41
2.38
2.23
2.24
2.43
2.48
2.48
2.48
2.39
1983
2.28
2.38
2.49
2.54
2.54
2.47
2.46
2.48
2.47
2.45
2.41
2.31
2.44
1984
2.26
2.34
2.38
2.47
2.4
2.33
2.23
2.25
2.18
2.11
2.1
2.22
2.27
1985
2.27
2.31
2.25
2.13
2.09
2.09
2.05
2.07
2.08
2.14
2.14
2.23
2.15
1986
2.18
2.16
2.19
2.06
2.07
2.02
1.93
2
2.09
2.11
2.12
2.18
2.09
1987
2.18
2.28
2.33
2.4
2.4
2.32
2.33
2.31
2.51
2.51
2.56
2.51
2.39
1988
2.49
2.61
2.59
2.49
2.43
2.42
2.44
2.51
2.51
2.57
2.57
2.57
2.52
1989
2.44
2.49
2.44
2.45
2.43
2.44
2.49
2.55
2.65
2.74
2.84
2.88
2.57
Australia/New Zealand, CIF US ports monthly prices, 1990s, $/kg
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
1990
2.78
2.46
2.48
2.47
2.48
2.5
2.56
2.65
2.7
2.59
2.53
2.55
2.56
1991
2.59
2.73
2.59
2.61
2.63
2.7
2.69
2.64
2.74
2.72
2.71
2.61
2.66
1992
2.57
2.52
2.45
2.38
2.38
2.33
2.35
2.45
2.44
2.5
2.54
2.54
2.45
1993
2.35
2.39
2.53
2.59
2.68
2.74
2.82
2.8
2.73
2.67
2.64
2.46
2.62
1994
2.42
2.49
2.69
2.63
2.39
2.23
2.19
2.2
2.21
2.12
2.19
2.23
2.33
1995
2.13
2.16
2.04
1.92
1.75
1.66
1.63
1.69
1.76
1.82
1.94
1.91
1.87
1996
1.86
1.81
1.72
1.72
1.7
1.65
1.68
1.76
1.75
1.79
1.77
1.79
1.75
1997
1.77
1.84
2.04
2
1.9
1.76
1.8
1.84
1.79
1.76
1.83
1.85
1.85
1998
1.82
1.79
1.79
1.79
1.78
1.7
1.67
1.66
1.64
1.64
1.66
1.66
1.72
1999
1.71
1.79
1.76
1.72
1.73
1.72
1.78
1.92
1.87
1.85
1.93
1.94
1.81
Australia/New Zealand, CIF US ports monthly prices, 2000s, $/kg
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
2000
1.95
1.96
1.98
1.98
1.99
1.93
1.9
1.89
1.81
1.82
1.97
1.93
1.93
2001
1.93
1.92
1.98
1.98
2.01
2.05
2.12
2.21
2.36
2.27
2.28
2.16
2.11
2002
2.21
2.23
2.35
2.25
2.12
2.06
2.13
2.1
2.04
1.9
1.91
2.01
2.11
2003
2.04
1.99
2.02
1.97
1.88
1.87
1.91
2.11
2.27
2.33
2.59
2.55
2.13
2004
2.54
2.39
2.34
2.43
2.68
2.76
2.81
2.92
2.93
2.79
2.77
2.71
2.67
2005
2.69
2.7
2.75
2.74
2.77
2.78
2.81
2.76
2.75
2.7
2.7
2.65
2.73
2006
2.62
2.65
2.62
2.6
2.62
2.57
2.62
2.66
2.68
2.69
2.77
2.7
2.65
2007
2.69
2.71
2.69
2.69
2.7
2.68
2.67
2.69
2.69
2.67
2.72
2.73
2.69
2008
2.77
2.89
3.01
3.16
3.51
3.66
3.93
3.84
3.56
3.11
2.73
2.66
3.24
2009
2.64
2.54
2.61
2.64
2.72
2.74
2.79
2.8
2.81
2.75
2.83
2.88
2.73
Australia/New Zealand, CIF US ports monthly prices, 2010s, $/kg
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
2010
3.02
3.21
3.4
3.66
3.58
3.33
3.27
3.41
3.39
3.37
3.5
3.88
3.42
2011
4.19
4.08
4.19
4.33
4.16
3.94
3.94
3.93
3.83
3.92
4.2
4.22
4.08
2012
4.26
4.31
4.35
4.29
4.22
4.12
4.03
4.1
4.06
4.07
4.29
4.37
4.21
2013
4.36
4.35
4.29
4.27
4.1
3.93
3.94
3.95
3.99
4.04
4.14
4.18
4.13
2014
4.18
4.28
4.47
4.35
4.38
4.54
5.17
5.79
6.17
5.95
5.84
5.46
5.05
2015
5.3
4.88
4.72
4.82
4.5
4.44
4.65
4.77
4.58
4.24
4.03
3.8
4.56
2016
3.63
3.86
4.03
3.96
4.04
4.11
4.26
4.24
4.12
4.04
4.3
4.14
4.06
2017
4.07
4.23
4.35
4.41
4.6
4.68
4.67
4.47
4.3
4.25
4.33
4.28
4.39
2018
4.3
4.35
4.44
4.38
4.32
4.24
4.19
4.11
4.01
3.86
3.95
4.19
4.2
2019
4.24
4.28
4.48
4.7
4.6
4.63
4.63
4.6
4.65
4.86
5.94
5.56
4.76
Australia/New Zealand, CIF US ports monthly prices, 2020s, $/kg
Year
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Average
2020
5.04
4.72
4.47
4.45
5.08
5.1
4.7
4.63
4.6
4.42
4.4
4.4
4.67
2021
4.46
4.66
4.72
5.17
5.48
5.68
5.59
5.61
5.77
5.53
5.69
5.75
5.34
2022
5.81
5.99
6.07
5.97
5.94
5.81
5.73
5.57
5.44
5.33
5.07
4.71
5.62
2023
4.65
4.65
4.84
5.3
5.31
5.01
4.78
4.73
4.9
4.98
4.88
4.79
4.9
2024
5
5.38
5.73
6.05
5.88
5.85
6.19
6.34
6.3
6.06
6.18
6.23
5.93
2025
6.46
6.62
6.77
6.71
6.62
6.67
6.72
6.86
6.9
7.09
7.51
7.38
6.86
2026
7.97
8.12
8.21
8.21
7.95
7.46
7.31
7.28
7.81
Method
Nominal prices are the source's monthly averages in US dollars, stored in the source's unit and never mixed on one chart. Real prices divide each month by the US consumer price index for all urban consumers (BLS series CPIAUCSL, via FRED) and multiply by the 2024 average, so they read as "2024 dollars". Changes are ratios of monthly averages. The all-time high is the highest monthly average, not an intraday peak.
Cite as: Commodity Origins, "Beef price history (1960–2026)", https://commodityorigins.com/prices/beef/, data 2026-09-02. Data updated 6 September 2026.