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

Last week’s $1 per cwt retreat in cash cattle prices took feedyard margins only modestly lower.

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.

Cattle feeding margins slipped further into the red last week.

Feedyard margins improved last week despite a $3 per cwt. decline in cash cattle prices.

Cattle feeders turned a tidy profit for the second consecutive week.

Cattle feeding and packer profit margins were mostly steady the week ending December 21, with cash prices for fed cattle slightly higher.

Cattle feeding and packer profit margins both declined last week as cash cattle prices were modestly lower.

Packer margins advanced on softer cash cattle prices and gain in the beef cutout prices.