Commodities · Agriculture and food
World Bank Commodity Price Data (The Pink Sheet): monthly averages of world benchmark prices in U.S. dollars.
The World Bank's beef price has changed specification over the years: New Zealand lean beef imported into the U.S. since 2024, Australian cuts before that.
| Year | Average | Year close |
|---|---|---|
| 1960 | $0.33 | $0.30 |
| 1961 | $0.31 | $0.33 |
| 1962 | $0.32 | $0.27 |
| 1963 | $0.30 | $0.31 |
| 1964 | $0.38 | $0.39 |
| 1965 | $0.40 | $0.43 |
| 1966 | $0.46 | $0.48 |
| 1967 | $0.47 | $0.46 |
| 1968 | $0.49 | $0.49 |
| 1969 | $0.55 | $0.55 |
| 1970 | $0.59 | $0.59 |
| 1971 | $0.61 | $0.60 |
Source: World Bank Commodity Price Data (The Pink Sheet): Beef. The World Bank, CC BY 4.0.
Gray bands mark U.S. recessions as dated by the NBER (FRED USREC).
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