An improved livestock wastewater treatment system for treating wastewater produced by a confined animal feeding operation (CAFO) facility to reclaim water and solids from the wastewater, and to reduce the environmental footprint of the CAFO facility is provided. The treatment system combines both mechanical and chemical water treating and includes separation of liquids from solids, collection of the separated solids at various stages, and treatment of the remaining liquid so that it can be reclaimed. Methods of treating livestock wastewater with the livestock wastewater treatment system is also provided.