Average retail price for prime rib roast in Canada 2015-2022
retailed at a price of 12.52 Canadian dollars per kilogram in February 2022.
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 gradually increased over the past years. In 2020, however, production dropped slightly to around 1.3 million metric tons. The majority of beef cows can be found in Alberta; there where around 1.44 million on Albertan farms as of January 2021. A fair share of beef produced in Canada is then exported: in 2021 around 614.8 thousand metric tons were shipped around the world.
The average retail price for one-kilogram prime rib roast was 43.16 Canadian dollars in February 2022 in Canada. Prime rib roast is a relatively expensive option when compared to other cuts of beef, such as ground beef, which 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 gradually increased over the past years. In 2020, however, production dropped slightly to around 1.3 million metric tons. The majority of beef cows can be found in Alberta; there where around 1.44 million on Albertan farms as of January 2021. A fair share of beef produced in Canada is then exported: in 2021 around 614.8 thousand metric tons were shipped around the world.