# Varilek’s Cattle Call: Labor Day Rally | TSLN.com

> A Varilek's Cattle Call commentary says cash cattle traded at $101 in the south and $103 in the north, with all packers participating. Steer carcass weights are 31 pounds above year-ago levels, and contracts look overbought after a rally from the lows. Choice boxed beef remains just over $200 ahead of Labor Day.

- Date: 2020-08-07 · published 2020-08-07T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/51580-varilek-s-cattle-call-labor-day-rally-tsln-com
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Heavier carcass weights and overbought futures argue for caution, while firm boxed beef and cash trade support prices. Hedging decisions depend on whether the fall run of fed cattle tightens supply.

## Read by commodity

- FCATTLE: neutral
- LCATTLE: neutral

## Sources

- tsln.com: https://www.tsln.com/opinion/varileks-cattle-call-labor-day-rally/

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