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Cash cattle prices dipped nearly 50 cents per cwt.
Whether you’re cattle feeder or packer, ledger sheets are full of red ink.
Cattle feeding margins declined $45 per head last week, leaving average per head losses at more than $77.
Cattle feeding margins improved nearly $25 per head last week, but average per head losses remain more than $32.
After two weeks of losses, cattle feeding margins are back in the black.
Cattle feeders began the New Year with black ink on their closeouts, but profits were minimal