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Cattle feeding margins took two steps back last week as cash cattle prices hover around what producers hope are the summer lows.

Cattle feeders and beef packers are hoping the price lows are in for the summer as both operated at a loss last week.

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.

Last week saw dramatic improvement in cattle feeding margins, yet triple-digit losses remain.

A $6 per head decline in cattle feeding margins is tolerable, unless you were already losing $112.

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.