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In the Cattle Markets: Calf Basis Levels
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In the Cattle Markets: Calf Basis Levels
LAKEWOOD, Colo. — At the end of the first quarter of 2026, nearby futures prices for live cattle were trading from $240 to $245 per cwt, up over $30 per cwt from the year earlier. Nearby feeder cattle futures prices were trading from $365 to $370 per cwt, up around $70 per cwt from the year earlier. The cash prices for lighter-weight feeder cattle (or heavier calves) have followed the shift higher. The weighted-average price for steer calves wei…
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