This study employs beef price as its primary research object, with corn price, lamb price, pig price, chicken price and imported beef price selected as explanatory variables. The study then collates the monthly price change data for the aforementioned products over the period from 2019 to 2024. An OLS multiple linear regression model was constructed using Stata18 software to systematically analyse the factors affecting beef prices and to determine the strength of the influence of each factor on beef price changes. The findings of the study indicate that the volatility of beef prices is predominantly influenced by the prices of sheep meat, corn, chicken meat and imported beef. Conversely, the impact of pig prices and chicken meat prices on beef prices is comparatively limited. In light of these findings, recommendations are put forth with the aim of ensuring a stable supply of feed resources, such as corn and wheat, optimising the early warning and regulation mechanism of the beef market, its substitutes market and factor market, and enhancing the competitiveness of China's beef industry in the international market.

Wanqing Cheng, Yuezhi Yang. Research and analysis of beef price drivers in China. Academic Journal of Business & Management (2025), Vol. 7, Issue 1: 205-210. https://doi.org/10.25236/AJBM.2025.070127.

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