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Feedlot closeouts continue ending on positive notes.

Cattle feeders turned a profit for the eighth consecutive week.

Cattle feeders saw positive margins on closeouts for the ninth consecutive week.

Feedyard margins declined $28 per head last week to total an average loss of $70 per head, according to the Sterling Beef Profit Tracker.

Feedyard margins dropped another $20 last week to total an average loss of $90 per head, according to the Sterling Beef Profit Tracker.

Calling losses of $193 per head an improvement may be painful, but it’s accurate.

The Sterling Beef Profit Tracker reports average cattle feeding closeouts were in the black last week, but with little room to spare.

Cattle feeders continue to find modest profits on a cash basis despite last week’s $2 per cwt. market retreat.

Cattle feeding margins jumped $72 per head higher the week ending Jan. 25 as the value of feeder cattle calculated against those closeouts declined $8 per cwt.

Feedyards saw closeouts improve dramatically last week after the cash cattle market posted its third consecutive week of higher prices.