# Slow fed cattle markets continue | Western Livestock Journal

> Fed cattle trade stayed slow, with packers offering $121 and feeders holding out for $124 in the North and $125 in the South. USDA reported only 1,994 head traded at an average of $124. Packers cut slaughter levels to protect wholesale beef values during the seasonally slow winter demand period.

- Date: 2019-02-08 · published 2019-02-08T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/60750-slow-fed-cattle-markets-continue-western-livestock-journal
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Slow demand and large feedlot supplies keep packers and feeders in a standoff, which limits upward price movement. Packers trimming slaughter helps support prices if beef demand picks up later in the spring.

## Read by commodity

- LCATTLE: neutral

## Sources

- wlj.net: https://www.wlj.net/slow-fed-cattle-markets-continue/

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