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Robust Cattle Prices

Prices for cattle strengthened in 2023 and more increases could be in the future. Recent prices for 500-600 lb. feeder steers in Nebraska were around $305 per cwt. compared to $220 a year ago. And while prices for live steers are off highs of a few months ago, recent sales at $174 per cwt. are higher compared to $156/cwt. at this time last year. The USDA WASDE projects lower beef production this year, projected down over 1 billion pounds. Meanwhile, domestic demand for beef is resilient. Kansas State University’s choice beef monthly demand index for October was higher compared to January 2023—a sign consumer demand is still steady. Beef exports, though, were lower in 2023 and are projected to fall even further in 2024.

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How Novonesis is Reshaping Swine Nutrition with Enzymes, Probiotics & Biological Solutions

Video: How Novonesis is Reshaping Swine Nutrition with Enzymes, Probiotics & Biological Solutions


The merger of Novozymes and Chr. Hansen created Novonesis, a global biosolutions leader combining more than a century of expertise in enzymes, probiotics and microbial science. In this exclusive interview, Keith Kinsley discusses how bringing these two industry innovators together is creating new opportunities for pork producers across North America and around the world.

Keith explains how Novonesis is leveraging the strengths of both legacy companies to deliver a more integrated approach to swine nutrition, gut health and feed efficiency. From sow productivity and piglet development to grow-finish performance, Novonesis offers science-backed biological solutions designed to help producers maximize feed utilization, support microbiome robustness and improve overall herd performance.