Loading…
USDA ERS outlook reports Oklahoma City feeder steer prices averaged $270.67/cwt in February and rose to $277.28 in early March. Slaughter steer forecasts were lowered after prices dipped in early March.
Mexican cattle import pace is constrained by New World Screwworm protocols, and terms of trade for Canadian and Mexican cattle are uncertain.
Screwworm-related import restrictions tighten feeder supplies, which keeps feeder and fed cattle prices firm for feedlots and buyers.
feedlotmagazine.comSources Russell Knight, Hannah Taylor, USDA, ERS, Annita LorimorMar 24, 2025After 122 past bullish disease events, FCATTLE moved a median +0.4% over 5 sessions (60% higher; middle half -1.0% to +1.6%), and +2.0% over 20.
After 148 past bullish disease events, LCATTLE moved a median +0.4% over 5 sessions (62% higher; middle half -0.5% to +1.2%), and +1.4% over 20.
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.
