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The feeder cattle market is on the rise while exports continue to hold strong.

USDA released their June Cattle on Feed report this afternoon. It said there were 2.2% more cattle on feed than on June 1, 2015.

A $1 decline in average fed cattle prices and a $25 per head increase in the cost of feeder cattle pushed cattle feeding losses to $52 per head last week, according to the Sterling Beef Profit Tracker.

Last week’s $2 per cwt cash cattle rally lifted feedyard margins to breakeven. 

The Flint Hills region of Kansas is receiving stocker cattle following timely rains in April that are helping boost grass growing conditions.

A Texas feedlot had nearly 100 cattle stolen and sold by an employee at the yard in a theft scheme that spanned nearly 4 years.

Markets for all classes of cattle remain 20% or more below a year ago, but Drovers indicators are a snapshot of the collective markets and their direction. Feedyards have turned profitable and packers have enjoyed sever

Feed cost represents approximately 40-70% of annual cow costs.