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Oklahoma feeder auction prices averaged $320.14/cwt for 500-pound steers in 2024, a record year up 18.6% from 2023. The 800-pound steer average was $247.43/cwt, and fed cattle averaged $186.66/cwt through mid-December.
Record 2024 feeder and fed prices reflect tight supplies and strong demand, supporting cattle values heading into 2025 and signaling elevated feed-cost pressure for cattle feeders.
drovers.comDrovers MagazineJan 1, 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.
