Average retail price for prime rib roast in Canada from January 2015 to May 2019
(in Canadian dollars per kilogram)
Average retail price for prime rib roast in Canada 2015-2019
The average retail price for one-kilogram prime rib roast was 32.6 Canadian dollars in May 2019 in Canada. Whilst this price is slightly higher than in May 2018, the price has remained relatively constant over the given time period, not rising above 33 or below 27 Canadian dollars per kilogram. Prime rib roast is a relatively expensive option when compared to other cuts of beef, such as ground beef, which retailed at a price of 11.3 Canadian dollars per kilogram in May 2019.

What is prime rib?

Also known as a standing rib roast, prime rib is cut from the primal rib section of the animal and can be bought with or without the bone for home-cooking. Prime rib can be a popular choice for a dinner party due to its high quality and generally large size.

Canadian beef market

The volume of beef produced in Canada has gradually increased over the past five years, reaching around 1.17 million metric tons in 2017. The majority of beef cows can be found in Alberta; there where around 1.51 million on Albertan farms as of January 2019. A fair share of beef produced in Canada is then exported: in 2017 around 451,890 metric tons were shipped around the world.
Average retail price for prime rib roast in Canada from January 2015 to May 2019
(in Canadian dollars per kilogram)
20152016201720182019
Dec31.9131.2131.6732.31-
Nov30.8431.0931.2730.33-
Oct30.7630.5230.6627.8-
Sep31.331.3630.9929.9-
Aug31.5531.2431.729.94-
Jul31.0131.9332.9529.95-
Jun31.1931.6632.1230.23-
May29.2132.1630.7630.1332.6
Apr27.132.2130.2632.0231.49
Mar28.7832.2131.5831.5931.86
Feb28.1631.5630.3931.0831.43
Jan28.6132.0831.3232.0131.99
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Source

Release date

July 2019

Region

Canada

Survey time period

January 2015 to May 2019

Supplementary notes

Statistics Canada collects prices for food, household supply and personal care items from food supermarkets and drugstores, prices for cigarettes from supermarkets, department stores, drug stores and tobacco shops, and prices for regular, unleaded gasoline from gas stations.

Average retail price for prime rib roast in Canada 2015-2019
The average retail price for one-kilogram prime rib roast was 32.6 Canadian dollars in May 2019 in Canada. Whilst this price is slightly higher than in May 2018, the price has remained relatively constant over the given time period, not rising above 33 or below 27 Canadian dollars per kilogram. Prime rib roast is a relatively expensive option when compared to other cuts of beef, such as ground beef, which retailed at a price of 11.3 Canadian dollars per kilogram in May 2019.

What is prime rib?

Also known as a standing rib roast, prime rib is cut from the primal rib section of the animal and can be bought with or without the bone for home-cooking. Prime rib can be a popular choice for a dinner party due to its high quality and generally large size.

Canadian beef market

The volume of beef produced in Canada has gradually increased over the past five years, reaching around 1.17 million metric tons in 2017. The majority of beef cows can be found in Alberta; there where around 1.51 million on Albertan farms as of January 2019. A fair share of beef produced in Canada is then exported: in 2017 around 451,890 metric tons were shipped around the world.
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