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Livestock Markets

by Amelia Siroky
Cattle
Hogs
Futures
Cattle
Choice Fed Steers+4 to 6220 – 226
As of 05/09/2025Average: 226.32Top: 230
Dressed Basis+8 to 9355 – 360
As of 05/09/2025Average: 356.78Top: 363
Choice Boxed Beef Cutout-1.92345.97
105 Loads
Hogs
Cash Hogs – Daily Weighted Average
Western Cornbelt+2.2795.44
Iowa Lean Average+0.7194.05
Futures

Choice Fed Steers+4 to 6220 – 226
As of 05/09/2025Average: 226.32Top: 230
Dressed Basis+8 to 9355 – 360
As of 05/09/2025Average: 356.78Top: 363
Choice Boxed Beef Cutout-1.92345.97
105 Loads

Cash Hogs – Daily Weighted Average
Western Cornbelt+2.2795.44
Iowa Lean Average+0.7194.05

 

USDA Predicts Lower Steer Prices in Second Half of 2024

by Andy Schwab

USDA on Friday forecast farmers this spring are planting what will become a 14.86-billion-bushel corn crop and a 4.45-billion-bushel soybean crop. The department released the World Agricultural Supply and Demand …

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May 10, 2024
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Links to More Futures Prices

Settlements on all Ag Futures and Options
Futures Quotes – Montana Market Manager – (AgriCharts)  

Links to Market Analysis

Ag Center – Cattle Report
Livestock Marketing Information Center
Kansas State – AgManager.info
North Dakota State – Livestock Economics
University of Missouri – Farm Marketing
CattleFax

Livestock News

  • Not a Typical Cattle Cycle – When Does the Cow Herd Finally Start to Grow?

    by Colter Brown
    April 9, 2025

    The cattle market moves in cycles, usually lasting nine to 10 years. The current cycle is already in its 12th year, including its seventh year of contraction, the longest since the …

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  • No Additional Allotment of Free EID Tags in Wyoming

    by Andy Schwab
    April 7, 2025

    The Wyoming Livestock Board (WLSB) sent out a memo today informing Wyoming producers that WLSB will not be receiving an additional allotment of EID tags from the USDA in fiscal …

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  • Sheep Industry Rallying Behind Cat Urbigkit Following Health Diagnosis

    by Andy Schwab
    April 2, 2025

    The Wyoming Wool Growers Association (WWGA) announces with deep regret that President Cat Urbigkit has stepped down from her leadership role following a devastating diagnosis of multiple brain tumors. Her …

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  • UDAF and Wyoming Livestock Board Announce Brand Agreement

    by Colton Young
    April 2, 2025

    Taylorsville, UT — The Utah Department of Agriculture and Food (UDAF) and the Wyoming Livestock Board have agreed to allow brands on cattle to be used as official identification for …

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