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Live cattle sales averaged $4 per hundredweight higher last week with relatively steady total feeding costs, according to the Sterling Beef Profit Tracker.
Cattle feeders added a little powder and lipstick to closeouts this week, but the ugly continues to shine through.
Cattle feeding margins took another turn south last week after a nearly $4 per cwt. decline in fed cattle prices.
Cattle feeding margins took another tumble last week after a $1 per cwt. decline in fed cattle prices.
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.