# Cattle Economics: Cattle Market Outlook for 2021 from a Professional Novice | UT Beef & Forage Center

> An annual cattle outlook reviews 2020, when realized quarterly average prices came in $6 to $9 below the midpoint of the previous year's forecast. The author attributes the miss to coronavirus disruptions to beef and cattle markets at home and abroad.

- Date: 2021-01-09 · published 2021-01-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/49291-cattle-economics-cattle-market-outlook-for-2021-from-a-professional-novice-ut
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Forecast misses highlight how demand shocks can override supply fundamentals in cattle pricing. The outlook for 2021 depends on how quickly beef demand and feedlot supplies normalize.

## Read by commodity

- LCATTLE: neutral

## Sources

- utbeef.tennessee.edu: https://utbeef.tennessee.edu/cattle-market-outlook-for-2021-from-a-professional-novice/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.