National Monthly Grass Fed Beef Report Agricultural Marketing Service For The Month of August Livestock, Poultry & Grain Market News Fri. Aug 27, 2021

Negotiated Grass Fed Beef - Wholesale Grass Fed Beef - Direct to Consumer (Retail) Carcass Purchase Size ($/lb) 211.00Avg Item Description ($/lb) Avg Whole 5.75 - 8.50 7.57 Rib Primal Half 5.90 - 11.25 8.35 Ribeye, Boneless, Whole 17.75 - 35.95 22.89 Quarter 5.99 - 11.75 9.22 Ribeye Steak 12.00 - 31.53 23.63 Commodity Grassfed Item Description ($/lb) Avg Chuck Primal Beef* Premium** Chuck Roll 7.00 - 16.65 12.26 Ribeye Steak 15.00 - 35.00 21.31 10.06 11.26 Round Primal Ribeye Roast 16.50 - 26.50 21.87 9.14 12.73 Knuckle, Peeled, Whole Chuck Roast 7.50 - 12.00 9.35 5.35 4.00 Top Round, Inside 11.95 - 15.24 12.85 Flat Iron Steak 13.49 - 25.98 19.14 7.77 11.37 Bottom Round, Gooseneck 9.99 - 13.35 11.47 Rump Roast 8.00 - 14.00 10.78 4.72 6.06 Eye of Round 10.00 - 16.34 12.79 Bottom Round Roast 3.85 Loin Primal Filet Mignon 19.95 - 35.00 27.39 12.05 15.34 Tenderloin, Whole 25.00 - 34.95 28.41 Tenderloin 19.95 - 30.49 26.09 11.68 14.41 Tri Tip 8.00 - 15.25 11.84 Tri Tip 9.00 - 16.85 12.11 6.73 5.39 Top Butt, Sirloin, Whole 12.10 - 18.99 16.29 Sirloin Steak 11.00 - 24.95 16.58 7.46 9.13 New York Steak 20.50 - 34.00 28.03 Sirloin Roast 8.75 - 12.49 10.70 0.00 0.00 Sirloin Steak 15.00 - 22.80 17.93 Brisket 8.00 - 13.77 10.13 4.16 5.98 Flank, Brisket, and Plate Primal Flank Steak 8.00 - 18.00 13.58 8.95 4.64 Brisket, Whole 8.00 - 13.00 10.02 Skirt Steak 9.00 - 20.14 14.10 11.66 2.45 Flank Steak 13.00 - 22.98 17.35 Short Ribs 6.00 - 11.00 8.37 7.42 0.95 Skirt Steak 12.95 - 18.00 14.95 Stew Meat 7.50 - 13.38 10.12 5.73 4.39 Hanger Steak 10.80 - 17.99 14.39 Direct Grass Fed Vs. Direct Commodity Short Ribs 9.00 - 11.44 10.32 18.00 Stew Meat 8.50 - 13.99 10.78 16.00 Ground or Trim Product 14.00 90% Bulk 8.50 - 10.99 9.51 12.00 90% Patties 9.00 - 10.99 9.98 10.00 85% Bulk Trim 8.00 Variety Meats 6.00 Beef Oxtail 9.00 - 15.95 11.53 4.00 Beef Liver 4.00 - 10.49 6.06 2.00 Beef Tongue 7.00 - 10.49 8.85 0.00 Beef Bones 3.00 - 7.00 4.80 Jun-21 Jul-21 Aug-21 Small and Very Small Producer Carcass Prices Direct Grass Fed Average Price by Region Verified through the Grass Fed SVS Producer Program $30.00 Prices shown are in ($/lb). $20.00 Grass Fed Beef Dressed Carcass Basis Range 3.00 - 4.80 $10.00 Grass Fed Beef Dressed Carcass Basis Weighted Avg 3.85 Cost of Production $0.00 NASS 17 State $/AUM Grazing Fees 2020 Survey 19.90 Ribeye Steak Chuck Roast Sirloin Steak Brisket Grazing Fee Estimates: Based on Grass Hay Prices Central South West Northeast Good Tallgrass Pasture $/AUM 26.85 Fair to Good Pasture $/AUM 20.14 Region Breakout: Central: ND, SD, NE, KS, MO, IA, MN, WI, MI, OH, WV, IN, IL; Northeast: ME, MA, NH, VT, NY, PA, MD, DE, NJ, CT, RI; Southern: OK, KY, TN, VA, AR, TX, LA, MS, AL, GA, FL, NC, SC; Western: WA, OR, CA, NV, AZ, NM, CO, WY, MT, ID, UT, AK, HI

Source: USDA Livestock, Poultry and Grain Market News * Prices averaged from the National Retail Beef Activity Report Des Moines, Iowa | 515-284-4460 | [email protected] ** The difference in commodity retail beef prices and grass fed retail beef prices. www.ams.usda.gov/LPSMarketNewsPage