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Feedlot Magazine says fundamentals still support cattle prices despite futures volatility. Feeder steer prices averaged $371.42/cwt in February, second-highest monthly average on record, and slaughter steer prices reached a record high in late February.
The 2026 feeder price forecast was raised to $367.25/cwt and the slaughter steer forecast to $242.00/cwt.
Tight cattle supplies and firm feeder demand keep feeder and fed cattle prices supported, which raises the cost of finishing cattle for feed buyers.
feedlotmagazine.comSources Russell Knight, Hannah Brooks, USDA, ERS, Katelyn SteffensMar 25, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
