price of beef per pound in michigan
As feed prices fluctuate, cattle producers should know what the breakeven price is for finishing beef and use it to determine what to charge for freezer beef. The price of beef at a retail level is near record high. The average retail price of Choice beef as of June 2013 was $5.29 per pound.Consumers can save around 20 percent of that cost by purchasing beef in larger quantities of quarters, halves or whole beef carcasses.n general, processors at the higher end of the processing range are the ones using cold carcass weights. The average price of hanging beef was $2.83 per pound included processing and $2.42 per pound without processing.