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NDSU Extension's Tim Petry compares fall North Dakota 550-600 pound steer calf prices, which the USDA put at an average of $442/cwt in 2026 versus $463/cwt in 2025. Prices rose through the first half of 2026 and then declined seasonally, while 2025 saw a counterseasonal climb to record highs.
Calf prices track expected feeder supply, corn costs and distant live cattle futures, so the lower 2026 level signals softer cattle-feed demand relative to last year's record run. Feed buyers should watch corn and fed cattle prices as the main drivers of calf value.
ndsu.eduNov 12, 2026Not enough comparable past events yet for a historical read.
Not 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.
