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Last week’s market rally helped feedyards erase much of their red ink, but not all.

Cattle feeding margins eroded $62 per head last week, falling $35 into negative territory.

The dog days of summer are here for cattle producers as red ink continues seeping into feedlot ledgers.

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