| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| Above 6.60 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Above 6.65 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Above 6.70 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Above 6.75 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Above 6.80 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Above 6.85 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Above 6.90 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market concerns the reported consumer price of ground beef in the United States for March and matters because ground beef is a widely consumed protein whose retail price influences household food budgets and food inflation measures.
Retail ground beef prices reflect a chain of upstream factors including cattle supplies, slaughter and packing capacity, wholesale beef cut values, and feed costs. Monthly readings can move with seasonal slaughter patterns, weather- or disease-related supply disruptions, and shifts in demand from restaurants and households.
Market odds represent traders' aggregated expectations about how the published March retail ground beef price will fall among the listed outcome ranges; interpret them as a real-time consensus view that can change with new data or news.
Settlement is based on the specific published retail ground beef price series named in the event rules (check the event description for the designated source, such as a government or industry release) — the event page lists the official data series used for settlement.
Monthly retail price series for food are usually published after the month ends by the designated statistical agency or data provider; consult the event page for the exact settlement timing and the source's regular publication schedule.
Consider seasonal slaughter and supply cycles that can tighten or expand availability, typical post-holiday demand shifts, and recent trends in cattle inventories and wholesale beef prices that have carried over into early spring.
Key influences include cattle producers and feeders, meatpacking companies, wholesale market price reports, feed grain markets, and the official data publisher named in the event; traders watch these sources for information that affects retail prices.
Unexpected events such as plant closures, extreme weather affecting transport or cattle, animal health outbreaks, sudden export restrictions, or rapid feed-cost swings can quickly change supply and costs and therefore alter expected retail prices prior to settlement.