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Cattle feeders began the New Year with black ink on their closeouts, but profits were minimal

The pain eased somewhat for cattle feeders last week, but losses remain more than $170 per head.

It was another ugly week for cattle feeders.

Beef packers put away the red ink last week as they turned modest profits on every animal processed. Feedyard margins, however, slipped a little further away from positive.

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.

Cattle feeding margins declined nearly $53 per head last week, leaving average losses at $56 per head.

The financial pain of feeding cattle eased again last week, but losses remain more than $125 per head.