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TeachMeFinance.com - explain Beef (cattle) price index (BPI) Beef (cattle) price index (BPI) The term 'Beef (cattle) price index (BPI) ' as it applies to the area of agriculture can be defined as ' An index of the weighted average annual price for beef cattle, excluding calves, for a 16 western state area as compared with a specific base period equal to 100. This index is used in calculating federal grazing fees'. Previous 5 Terms: Bedding plane Bedload Bed-load discharge Bed-material discharge bedrock Next 5 Terms: Beginning of Freezup Beginning of the Breakup Behavior Behavioral genetics beige About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.