# US Cattle Feeders Delay Trade in Hopes of Bull Market
						 | The Cattle Site

> Fed cattle trade was not well established on February 1, with asking prices at $125 to $126 live and bids at $121 to $123. The five-area weighted average was $123.12 live, up $0.08 from the prior week. The Choice cutout was $214.07 at midday, down $1.32 from the previous day.

- Date: 2019-02-01 · published 2019-02-01T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/60729-us-cattle-feeders-delay-trade-in-hopes-of-bull-market-the-cattle-site
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Cattle feeders and packers are delaying trade while they wait for a directional move, so price discovery is slow and supply remains tight in the near term.

## Read by commodity

- LCATTLE: neutral

## Sources

- thecattlesite.com: https://www.thecattlesite.com/news/53716/us-cattle-feeders-delay-trade-in-hopes-of-bull-market

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