A scheme is proposed to prepare quantum entanglement and quantum steering between two indirectly coupled microwave cavity modes within a hybrid cavity magnonic system. The system consists of two microwave cavities individually coupled to a common YIG sphere driven by a two‐tone Floquet field, while the output field of the second microwave cavity is fed back into the input port of the first microwave cavity via a coherent feedback loop. Floquet driving can effectively generate two interactions between magnons and photons. Magnons with higher dissipation can serve as a cooling channel for the two cavity modes. Optimal quantum correlations between the cavity modes can be achieved when the competition between these two interactions reaches equilibrium. Subsequently, a comparative analysis is performed on the evolution of quantum correlation with and without coherent feedback, revealing that the presence of a coherent feedback loop in the system not only significantly enhances entanglement and steering but also induces inherent asymmetry in quantum steering regardless of the decay rates within subsystems. Moreover, under the influence of the coherent feedback loop, the enhanced quantum correlations exhibit increased robustness against rising environmental temperatures. This work significantly expands the validity of implementation and provides a promising avenue for the preparation of stable quantum correlations.