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Feeder cattle values have softened since mid-October, when many U.S. markets reached their highs for the year. Steer prices in the Northern Plains and Southern Plains fell roughly 9% to 12% by October 31 but remained well above year-ago levels.
The update is a regional snapshot compiled from Livestock Marketing Information Center data.
Feeder cattle prices are retreating from record-level highs, which lowers the cost of stocker and feedlot inputs but signals weaker sentiment for feed demand from cattle feeders. The pullback is gradual rather than a sharp break.
feedlotmagazine.comCourtesy of Livestock Marketing Information Center, Troy WalzNov 14, 2025Not 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.
