Look For a Cash Cattle Price Rebound in Early 2021 — Analysts

Packers have kept a lid on the cash cattle market recently, while maintaining strong profit margins as boxed beef prices continue to rise. But based on the futures market right now, that could change soon, with some analysts expecting those boxed beef prices to top soon, creating room for stronger producer margins, though that may not begin to happen until the second half of 2021. Add to the boxed beef market price situation continued strong consumer beef demand, and the cash cattle price outlook for producers looks bullish heading into the new year. See more on why analysts expect new life in cash cattle in 2021.