Packer margins were brought back into the black last week following the rise in wholesale choice boxed beef levels not seen in almost two years. USDA put the choice beef cutout at $162.86/cwt, up $2.98/cwt. According to HedgersEdge.com, the average beef plant margin for Monday was at a positive $15.35/head, $2.50/head better than last Friday and up $25.75/head from one week ago. Expect these higher cash prices and lower corn futures to create fresh demand for replacement feeders. Cash sellers should consider holding onto cattle a little bit; selling heavier weights on what could be a market uptick over the next two weeks.