
A midyear review reports that Oklahoma City steer prices for 500-600 lb calves averaged $347/cwt year to date, up 21% from 2024. Fed cattle averaged $215/cwt, and the Choice boxed beef cutout averaged $342/cwt.
The review states that the January inventory was the smallest since 1951 and that trade and screwworm disruptions add risk.
Low inventories and reduced calf crops are the main drivers of high cattle and beef prices, and screwworm import restrictions add supply risk. Buyers should expect cattle costs to stay elevated through the rest of 2025.
Not 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.