USDA live cattle price forecast versus CME June futures
Earlier this month USDA forecast a record $196/Cwt. annual average for Midwestern finished cattle in 2025. Correlating the price range for June live cattle with USDA’s January estimate results in a February 2025/June 2025 price range forecast of $179 to $198 per hundredweight. June 2025 live cattle futures closed at $192 on 01/16/2025. The forecast range has a standard deviation of $11 per hundredweight.
| January USDA Forecast vs Range for June live Cattle | |||||
| USDA Annual | June Live Cattle | ||||
| Year | Estimate | High | Low | Percent | |
| 2010 | $90 | $97 | $87 | 108% | 97% |
| 2011 | $103 | $122 | $101 | 119% | 99% |
| 2012 | $124 | $129 | $111 | 104% | 90% |
| 2013 | $130 | $129 | $119 | 100% | 92% |
| 2014 | $134 | $148 | $131 | 111% | 98% |
| 2015 | $166 | $156 | $139 | 94% | 84% |
| 2016 | $136 | $131 | $114 | 96% | 84% |
| 2017 | $110 | $135 | $103 | 123% | 94% |
| 2018 | $118 | $119 | $97 | 101% | 82% |
| 2019 | $119 | $125 | $107 | 105% | 90% |
| 2020 | $118 | $113 | $77 | 96% | 66% |
| 2021 | $116 | $126 | $111 | 109% | 96% |
| 2022 | $137 | $143 | $130 | 104% | 95% |
| 2023 | $159 | $183 | $154 | 115% | 97% |
| 2024 | $178 | $187 | $170 | 105% | 96% |
| 2025 | $196 | $198 | $179 | 101% | 91% |
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Forecast for 2025 is derived from linear regression.
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