Persistently tight U.S. cattle supplies, at 75-year lows following years of herd liquidation, have driven retail ground beef prices to a near-record average of $6.74 per pound in February 2026 per BLS data, up 22% year-over-year. USDA's February Food Price Outlook forecasts beef prices rising 5.5% in 2026 (prediction interval -2.7% to 14.4%), with production dipping to 25.81 billion pounds amid sluggish rebuilding and robust lean imports supporting ground beef blends. The March 20 Cattle on Feed report revealed 11.55 million head on feedlots—slightly below year-ago levels—while February placements rose 4%, signaling ongoing supply constraints against resilient demand. Polymarket traders' consensus prices in supply-demand imbalances; key catalysts include April BLS March pricing release, monthly WASDE reports, and summer grilling season demand.
Experimental AI-generated summary referencing Polymarket data · UpdatedWill ground beef hit __ in 2026?
Will ground beef hit __ in 2026?
$7.000+
54%
$8.000+
46%
$9.000+
48%
$10.000+
44%
$0.00 Vol.
$7.000+
54%
$8.000+
46%
$9.000+
48%
$10.000+
44%
The St. Louis Fed bases its numbers for ground beef prices on the BLS's CPI release. This market will immediately resolve to "Yes" upon a qualifying update of the St. Louis Fed's chart. If no data for any month of 2026 is released by the scheduled date for the January 2027 CPI release, this market will resolve according to the data for 2026 already available at that time.
The resolution source for this market measures prices to the third decimal place. Thus, this is the level of precision that will be used when resolving the market.
Market Opened: Apr 3, 2026, 11:10 AM ET
Resolver
0x65070BE91...The St. Louis Fed bases its numbers for ground beef prices on the BLS's CPI release. This market will immediately resolve to "Yes" upon a qualifying update of the St. Louis Fed's chart. If no data for any month of 2026 is released by the scheduled date for the January 2027 CPI release, this market will resolve according to the data for 2026 already available at that time.
The resolution source for this market measures prices to the third decimal place. Thus, this is the level of precision that will be used when resolving the market.
Resolver
0x65070BE91...Persistently tight U.S. cattle supplies, at 75-year lows following years of herd liquidation, have driven retail ground beef prices to a near-record average of $6.74 per pound in February 2026 per BLS data, up 22% year-over-year. USDA's February Food Price Outlook forecasts beef prices rising 5.5% in 2026 (prediction interval -2.7% to 14.4%), with production dipping to 25.81 billion pounds amid sluggish rebuilding and robust lean imports supporting ground beef blends. The March 20 Cattle on Feed report revealed 11.55 million head on feedlots—slightly below year-ago levels—while February placements rose 4%, signaling ongoing supply constraints against resilient demand. Polymarket traders' consensus prices in supply-demand imbalances; key catalysts include April BLS March pricing release, monthly WASDE reports, and summer grilling season demand.
Experimental AI-generated summary referencing Polymarket data · Updated
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