(Neb.)- Cattle In Neb. Feedlots The Highest Since 1994
LINCOLN, Neb. (AP) - Nebraska feedlots contained 2.48 million cattle as of Nov. 1, a slight increase over the previous year and the largest inventory for the month since 1994.
The U.S. Department of Agriculture reports that cattle placements during October totaled 590,000 head, down 11 percent from 2011.
Fed cattle that were marketed in October totaled 425,000 head, up 9 percent from last year. This is the largest number since the federal government started gathering data in 1994.
Cattle and calves in feedlots nationwide totaled 11.3 million as of Nov. 1, about 5 percent lower than in the previous November.
Feedlots have capacities of 1,000 or more head.