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Ribeye in December: the holiday premium and the January cliff

What ten years of USDA prints say about ribeye's December: a real holiday premium most years, a peak that often lands earlier, and a January break that has not missed.

Last reviewed Jul 8 2026

The rib is the holiday primal. Prime rib and ribeye roasts anchor December menus the way turkey anchors November, and wholesale prices carry that demand. But the folklore version, that ribeye simply peaks in December, is only half right, and the half that is wrong costs buyers money. Here is what the actual prints say, computed from ten years of USDA daily data (2016 through 2025) on the heavy boneless Choice ribeye, the most liquid line in the complex.

The premium is real, the peak timing is not reliable

December priced above the year's average in nine of the last ten years, by 11.5 percent on average. That is a real, recurring holiday premium, and in the strongest years it is enormous: 2022, 2023, and 2024 printed December premiums of 30, 20, and 37 percent over those years' averages. The exception was 2021, when a violent autumn spike collapsed before the holiday and December landed below the year's mean.

The unreliable part is calling December the peak. Across those ten years the single highest-priced month was December only three times. The top printed in June twice, November twice, September twice, and May once. Holiday buying is forward: retail and foodservice book their rib programs weeks ahead, so the wholesale surge often crests in November and the December print is the elevated aftermath. A buyer waiting to see the December top before acting is watching the wrong month; the run typically happens in front of it. Even the October-to-December leg is a coin flip: positive in only six of the ten years.

The part that has not missed: January

The tradeable regularity in this seasonal is not the peak, it is the break after it. January printed below December in nine years out of nine (2016 through 2024 year-turns), by 16.6 percent on average, with the mildest fade at 7 percent and the deepest at 27. Once the holiday programs ship, rib demand has no second act: no January event pulls the cut, and retail rotates to resolution-season lean proteins. The buyer's version of this fact: December is the month to be covered in advance or to buy only what programs require, and January is historically the cheapest window in half a year to book ribeye for anything that can wait.

The mechanics repeat every year even though the levels don't. Supply barely changes across the year-turn; this is close to a pure demand seasonal, which is why the fade is so consistent while the peak month wanders with each year's exact ad calendar and cattle backdrop.

These numbers are computed from the same USDA series charted on this site: pull up the ribeye chart, turn on the five-year seasonal overlay, and the December shoulder and January cliff are visible on the band itself. A watchlist alert set below the current print is the simple way to catch the January break without watching the tape daily.

Educational reference, not market commentary or trading advice.