Description
Ground beef price trends in 2026 are tracked via the St. Louis Fed series for Average Price: Ground Beef, 100% Beef (Cost per Pound/453.6 Grams) in U.S. City Average. The market resolves to Yes if any monthly figure in 2026 meets or exceeds the listed threshold; otherwise it resolves to No. Resolution relies on the St. Louis Fed data, updated to the third decimal place, with data from 2026 months potentially used if January 2027 CPI data is not yet released.
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This market will resolve to "Yes" if the figure for "Average Price: Ground Beef, 100% Beef (Cost per Pound/453.6 Grams) in U.S. City Average" reaches or exceeds the listed figure for any month of 2026 as published by the St. Louis Fed (https://fred.stlouisfed.org/series/APU0000703112). Otherwise, this market will resolve to "No". The St. Louis Fed bases its numbers for ground beef prices on the BLS's CPI release. This market will immediately resolve to "Yes" upon a qualifying update of the St. Louis Fed's chart. If no data for any month of 2026 is released by the scheduled date for the January 2027 CPI release, this market will resolve according to the data for 2026 already available at that time. The resolution source for this market measures prices to the third decimal place. Thus, this is the level of precision that will be used when resolving the market.