The Economist asks:
What will be the average US city price of a pound of ground beef in August 2025?
Started
Mar 21, 2025 05:00PM UTC
Closing Sep 01, 2025 07:01AM UTC
Closing Sep 01, 2025 07:01AM UTC
Challenges
The US beef market, already facing high demand and tight supplies, is expected to be hit hard by tariff policies with Canada and Mexico (Economist, Drovers). The question will be suspended on 31 August 2025 and the outcome determined using Bureau of Labor Statistics (BLS) data as reported by the Federal Reserve Economic Data database (FRED) (FRED).
Confused? Check our FAQ or ask us for help. To learn more about Good Judgment and Superforecasting, click here.
To learn more about how you can become a Superforecaster, see here. For other posts from our Insights blog, click here.
| Possible Answer | Crowd Forecast | Change in last 24 hours | Change in last week |
|---|---|---|---|
| Less than $5.000 | 0% | 0% | -1.00% |
| At least $5.000, but less than $5.250 | 2.00% | 0% | 0% |
| At least $5.250, but less than $5.500 | 6.00% | 0% | -3.00% |
| At least $5.500, but less than $5.750 | 19.00% | 0% | -4.00% |
| At least $5.750, but less than $6.000 | 30.00% | 0% | +3.00% |
| At least $6.000, but less than $6.250 | 21.00% | 0% | +2.00% |
| At least $6.250, but less than $6.500 | 14.00% | +1.00% | +4.00% |
| At least $6.500, but less than $6.750 | 4.00% | 0% | -2.00% |
| $6.750 or more | 4.00% | -1.00% | +1.00% |