# Cattle Prices Projected Higher From Last Month | Feedlot Special | feedlotmagazine.com

> USDA ERS raised its 2024 feeder steer price forecast to $258.50/cwt and third-quarter forecast to $269, citing tight supplies. Oklahoma City feeder steer prices averaged $263.47/cwt in June, and imports of feeder cattle from Canada and Mexico rose year over year.

- Date: 2024-07-19 · published 2024-07-19T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/29402-cattle-prices-projected-higher-from-last-month-feedlot-special-feedlotmagazine
- Commodities: [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A tighter feeder supply and higher price outlook point to firm cattle demand for feed, with relatively cheaper corn supporting feedlot margins.

## Read by commodity

- CORN: neutral
- FCATTLE: bullish ▲
- LCATTLE: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| FCATTLE | 2025-07-29 | [Feeder Cattle Prices Projected Higher From Last Month \| Feedlot Special \| feedlotmagazine.com](https://feedsoft.ai/events/23917-feeder-cattle-prices-projected-higher-from-last-month-feedlot-special.md) | +0.6% | +8.2% |
| FCATTLE | 2024-01-24 | [Cattle Prices Start 2024 Higher Than Last Year \| Industry News \| feedlotmagazine.com](https://feedsoft.ai/events/32256-cattle-prices-start-2024-higher-than-last-year-industry-news-feedlotmagazine-com.md) | +4.5% | +8.8% |
| FCATTLE | 2025-01-29 | [Fewer Cattle on Feed \| Industry News \| feedlotmagazine.com](https://feedsoft.ai/events/8610-fewer-cattle-on-feed-industry-news-feedlotmagazine-com.md) | -4.8% | -2.6% |
| FCATTLE | 2025-05-22 | [USDA: 2025 Fed Cattle Prices Seen Higher - Zia Commodities, LLC](https://feedsoft.ai/events/24802-usda-2025-fed-cattle-prices-seen-higher-zia-commodities-llc.md) | +1.2% | +2.1% |
| FCATTLE | 2026-04-27 | [Cattle Market Discussion \| Industry News \| feedlotmagazine.com](https://feedsoft.ai/events/19846-cattle-market-discussion-industry-news-feedlotmagazine-com.md) | +1.0% | -4.8% |
| LCATTLE | 2025-07-29 | [Feeder Cattle Prices Projected Higher From Last Month \| Feedlot Special \| feedlotmagazine.com](https://feedsoft.ai/events/23917-feeder-cattle-prices-projected-higher-from-last-month-feedlot-special.md) | +1.5% | +3.7% |
| LCATTLE | 2024-01-24 | [Cattle Prices Start 2024 Higher Than Last Year \| Industry News \| feedlotmagazine.com](https://feedsoft.ai/events/32256-cattle-prices-start-2024-higher-than-last-year-industry-news-feedlotmagazine-com.md) | +1.4% | +4.7% |
| LCATTLE | 2025-01-29 | [Fewer Cattle on Feed \| Industry News \| feedlotmagazine.com](https://feedsoft.ai/events/8610-fewer-cattle-on-feed-industry-news-feedlotmagazine-com.md) | -1.5% | -4.5% |

## Sources

- feedlotmagazine.com: https://www.feedlotmagazine.com/news/feedlot_special/cattle-prices-projected-higher-from-last-month/article_42cab7a6-453b-11ef-9b24-93c31dbdd77b.html

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