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Livestock Markets

by Amelia Siroky
Cattle
Hogs
Futures
Cattle
Choice Fed SteersSteady220 – 231
As of 07/3/2025Average: 229.56Top: 234
Dressed BasisSteady to -1365 – 372.50
As of 07/3/2025Average: 368.87Top: 375
Choice Boxed Beef Cutout-4.09390.77
75 Loads
Hogs
Cash Hogs – Daily Weighted Average
Western Cornbelt-0.38111.41
Iowa Lean Average-0.40111.45
Futures

Choice Fed SteersSteady220 – 231
As of 07/3/2025Average: 229.56Top: 234
Dressed BasisSteady to -1365 – 372.50
As of 07/3/2025Average: 368.87Top: 375
Choice Boxed Beef Cutout-4.09390.77
75 Loads

Cash Hogs – Daily Weighted Average
Western Cornbelt-0.38111.41
Iowa Lean Average-0.40111.45

 

Today’s Livestock Market Update

by Grace McDonald

The livestock complex was finally able to regain some footing as most of the contracts closed higher. Some light cash cattle trade happened in the North at $368 to $370, …

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July 2, 2025
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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

  • As Consumers Focus on Protein, Meat is Having a Moment

    by Colter Brown
    July 2, 2025

    “Meat is having a moment.” That’s according to Dr. Glynn Tonsor, Livestock Market Economist at Kansas State University. That phrase reflects multiple signals that consumer desire for meat protein is …

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  • U.S. Border to Reopen to Mexican Cattle

    by Andy Schwab
    July 2, 2025

    Progress has been made in critical areas of Mexico following the border closing due to the northern spread of New World screwworm (NWS). That led U.S. Secretary of Agriculture Brooke …

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  • Montana Veterinarian Encourages a Fresh Look at Deworming Protocols

    by Colter Brown
    June 26, 2025

    “We’ve always done it this way” is known to be the most dangerous phrase in business, and the cattle business is no exception, says Dr. Perrie Neal of Hardin, Montana. …

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  • Emergency Livestock Relief Program: How it Works

    by Colter Brown
    June 25, 2025

    Persistent drought and devastating wildfires across much of the U.S. in 2023 and 2024 significantly impacted livestock producers’ ability to maintain herd sizes and grazing operations. In response, USDA’s Farm …

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