# Cattle Prices Near Record Levels to Finish 2024

> 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.

- Date: 2025-01-01 · published 2025-01-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/27088-cattle-prices-near-record-levels-to-finish-2024
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

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.

## Read by commodity

- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Sources

- drovers.com: https://www.drovers.com/markets/market-reports/cattle-prices-near-record-levels-finish-2024

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.