By James Mitchell
Cattle and beef prices are sharply higher through the first half of 2025. Oklahoma City steer prices for 500-600 lb calves have averaged $347/cwt year-to-date, up 21% from the same period in 2024 and more than double the 2019-2023 average. Feeder prices (700-800 lb) are averaging $281/cwt, a 17% year-over-year increase. Fed cattle prices in the five-area region are averaging $215/cwt, up 16% from last year, while the Choice boxed beef cutout has averaged $342/cwt—13% higher than 2024 and close to 31% above the five-year average.
