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Average cattle feeding losses totaled $106 per head for the week ending June 21.

As expected, beef packer margins jumped wildly higher the week ending Aug. 17, while cattle feeding margins slipped into the red.

Cattle feeding margins slipped further into the red last week on soft cash prices, while packer margins climbed to extreme heights.

Cattle prices have fallen and so are profits.

Last week’s $2 per cwt. decline in cash cattle prices left feedyard margins at near breakeven levels.

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.