Work · Beef prices

Ribeye, lip-on, bone-in

USDA’s daily wholesale price for ribeye, lip-on, bone-in (IMPS 109E, fat limitation 1: 3/4 inch average fat, 1 inch at most), sold by packers in boxes on negotiated deals. The latest Choice price, for Oct 29, 2026, is $13.82 per hundredweight, or $13.82 a pound.

Choice
$13.82/lb −1.1%
Select, Wed, Oct 28
$12.77/lb
Pounds sold
72,128
Trades
22

Is today’s price high or low? · On the high side

Higher than on 241 of the other 253 days it traded in the past year.

Lowest of the yearHighest of the year

A year earlier (Oct 29, 2025) it was $12.78 per hundredweight; today’s price is +8.2% against that. Over the past year it traded on 254 days, averaging $11.14, from a low of $8.55 (Jan 13, 2026) to a high of $14.23 (Oct 26, 2026). In a usual year (2020–2025) it runs highest in December (+23.9% against its own year’s average) and lowest in July (−16.2%).

GradeLast tradedPer cwtPer lbRange, per cwtPoundsChange
ChoiceThu, Oct 29$13.82$13.82$13.10–$14.9972,128−$15.56 since Wed, Oct 28
SelectWed, Oct 28$12.77$12.77$10.94–$13.5317,306+$122.38 since Tue, Oct 27

Every week on record Jan 2, 2020 to Oct 29, 2026

$13.98$5.06
  • Choice
  • Select
  • Weekly average, dollars per hundredweight

Each point is the average of the week’s daily prices. Gaps are stretches of three weeks or more with no sales. On record since Jan 2, 2020: 1,738 days with a price.

Average Choice price by month $ per lb

YearJanFebMarAprMayJunJulAugSepOctNovDecYear
20268.869.1610.139.779.8610.909.9811.7013.1113.78··10.72
20259.788.619.2711.0810.939.848.9711.6412.7012.5012.8611.6010.82
20248.788.748.998.108.709.488.318.519.1610.3411.6013.249.50
20239.368.729.079.088.389.618.179.339.9910.8311.3412.459.69
20227.437.127.118.007.737.567.227.907.868.329.7810.878.08
20216.738.047.8610.0410.969.897.4810.9812.7610.039.738.699.43
20206.406.276.815.8310.417.976.357.167.567.989.619.097.62

Each month is weighted by the pounds sold on each day. A dot is a month with no sales on record.

Its usual year Each month against its own year’s average, the median over 2020–2025

  1. Jan−8.8%
  2. Feb−13.3%
  3. Mar−11.3%
  4. Apr−3.6%
  5. May−1.6%
  6. Jun−0.5%
  7. Jul−16.2%
  8. Aug−2.9%
  9. Sep+1.1%
  10. Oct+7.6%
  11. Nov+20.0%
  12. Dec+23.9%

Day by day The last 20 days it traded

DayChoice, per cwtPer lbPoundsSelect, per cwtPer lbPounds
Oct 29, 2026$13.82$13.8272,128———
Oct 28, 2026$13.98$13.98127,368$12.77$12.7717,306
Oct 27, 2026$13.88$13.88170,268$11.55$11.553,169
Oct 26, 2026$14.23$14.237,057———
Oct 23, 2026$13.83$13.83657,719———
Oct 22, 2026$13.75$13.75181,873———
Oct 21, 2026$13.98$13.98203,092———
Oct 20, 2026$13.99$13.9946,811$11.34$11.344,268
Oct 19, 2026$13.89$13.89142,272$13.04$13.0494,605
Oct 16, 2026$13.84$13.84718,259———
Oct 15, 2026$13.72$13.72228,826$11.89$11.895,285
Oct 14, 2026$14.20$14.2034,789$11.50$11.5019,833
Oct 13, 2026$14.01$14.01206,460$11.75$11.7529,044
Oct 12, 2026$13.75$13.7552,787$10.56$10.566,740
Oct 9, 2026$13.67$13.67351,817$12.52$12.5221,498
Oct 8, 2026$13.68$13.68425,694———
Oct 7, 2026$13.60$13.60106,602———
Oct 6, 2026$13.60$13.60134,301———
Oct 5, 2026$14.16$14.166,196$11.63$11.6354,296
Oct 2, 2026$13.59$13.59327,566———

Every day is in the CSV downloads, with the day’s low and high and the number of trades.

Other cuts from the rib today Dearest first, per pound

CutPer lbGrade
Ribeye, boneless, heavy$15.91Choice
Ribeye, lip-on, bone-in$13.82Choice

The rib primal as a whole was worth $6.79 per hundredweight (Choice) on Thursday, Oct 29, 2026: its page.

About these numbers

Prices are USDA’s, from the National Daily Boxed Beef Cutout and Boxed Beef Cuts, Negotiated Sales afternoon report (LM_XB403): the weighted average of the day’s negotiated sales of boxed beef, FOB the packing plant, for delivery within 0 to 21 days, in dollars per hundredweight (100 lb). Divide by 100 for the price per pound. These are wholesale prices for whole cuts in boxes, well below what the same cut costs at a store. USDA lists this item as “Rib, ribeye, lip-on, bn-in (109E 1)”. The latest report is for Oct 29, 2026; the next is due Fri, Oct 30, 2026.

The beef price board has every cut for today, the cutout, how the data is collected, and the whole history as CSV downloads. Source: USDA Agricultural Marketing Service, Livestock, Poultry and Grain Market News.