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

> Cattle futures had a rough week with a sharp correction, while the cash market held together with the north in the mid-to-upper 140s and the south near $140. Many producers took bids for late May delivery as the wide basis favored selling. Carcass weights have begun to decline.

- Date: 2022-04-29 · published 2022-04-29T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/6076-varilek-s-cattle-call-spring-rally-tsln-com
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

The futures break leaves live cattle oversold, and firm cash prices with a wide basis favor packers in the near term. Lower carcass weights reduce beef output and may support prices later.

## Read by commodity

- LCATTLE: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| LCATTLE | 2022-05-01 | 1 | -2.4% | -5.0 | Describes a sharp futures correction during the week ending April 29, with the cash market holding, consistent with the late-April selloff. |
| LCATTLE | 2022-05-06 | 5 | -3.2% | -3.0 | Describes a sharp futures correction in the prior week, with the cash/futures gap pressuring sentiment and carrying into the window. |

## Sources

- tsln.com: https://www.tsln.com/opinion/varileks-cattle-call/varileks-cattle-call-spring-rally-3/

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