Rib-eye steaks are the most popular steak sold in the summer, according to the Beef Checkoff. Pork chops are the most popular cut of pork, according to the Pork Checkoff. Boneless center-cut pork chops are sometimes called an “America’s Cut.” Two in five Americans say that the breast is their favorite cut of chicken, according to the National Chicken Council. Price comparisons among these cuts can offer notable insights into the meat market.
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For the week of April 8 through April 14, bone-in rib-eye steaks averaged $9.91 per pound at major retail supermarkets, according to the USDA National Retail Report-Beef published by the Agricultural Marketing Service’s Livestock, Poultry and Grain Market News division. This was 19.8% higher than the same week last year. Boneless rib-eye steaks were $15.08 per pound, up 33.8% from 2021. The equivalent USDA National Retail Report-Pork showed bone-in center-cut chops at $2.75 per pound, and boneless center cut chops at $3.24 per pound. These advertised prices were up 16.5% and down 19.4%, respectively, compared to a year ago. USDA’s National Retail Report-Chicken showed boneless and skinless chicken breasts in value packs (generally greater than 3 pounds) averaged $3.15 per pound this year, compared to $2.12 per pound during the second week of April 2021. This 48.6% price surge was larger than the price hike of regular packs (less than 3 pounds), which, at $4.14 per pound, were up ...
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