Beef packer margins improved to -$100/head last week, up $28 from the prior week as the Choice cutout stabilized following its brief post-Easter decline while fed cattle prices eased modestly. The cutout firmed to $384/cwt, while fed cattle prices slipped to $246/cwt, allowing packer margins to recover slightly after several weeks of compression. Despite the improvement, margins remain negative, with seasonal pressure on wholesale beef still evident into late April. Feedlot placement margins weakened to -$275/head, down $23 from the prior week, as  ...