Chris Swift at Swift Trading Company said, “Not much seemed to change over the weekend. Cattle feeders lost approximately $42.00 per head from one week to the next. While still profitable, at that rate of decline, it wouldn't take long to be back in the red. Reliance on an ever-higher price continues to be the agenda as feeder cattle prices continue to outstrip fat prices with other inputs no better or worse today. Trade guesses for the on-feed report are as anticipated. The placements were sharply higher over February with still anticipated over 11.5 million head on feed.”