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The weekly fed steer price reached a record $238.68/cwt in mid-June, up $46.13 (+24%) from a year earlier, marking eight straight weeks of new highs. Feeder steer prices in the Southern Plains also hit record levels near $325/cwt.
Tight cattle supplies and steady demand support the high price level, which benefits feeder buyers through higher input costs. Seasonal softening in summer could still reverse the trend.
beefmagazine.comTyler CozzensJun 23, 2025Not 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.
