Nebraska feedlots with capacity of 1,000 head or more see cattle on feed up 2% year-over-year to 2.47 million in October, USDA says; feedlot placements up 15% to 665,000 head

LINCOLN, Nebraska , November 18, 2011 (press release) – Nebraska feedlots, with capacities of 1,000 or more head, contained 2.47 million cattle on feed on November 1, according to USDA’s National Agricultural Statistics Service, Nebraska Field Office. This inventory was up 2 percent from last year and is the largest November 1 inventory since the data series began in 1994.

Placements during October totaled 665,000 head, up 15 percent from 2010.

Fed cattle marketings for the month of October totaled 390,000 head, up 5 percent from last year. This is the largest number of marketings for October since the data series began in 1994. Other disappearance during October totaled 15,000 head compared with 10,000 during October 2010.

U.S. CATTLE ON FEED UP 4 PERCENT

Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.9 million head on November 1, 2011. The inventory was 4 percent above November 1, 2010. This is the second highest November 1 inventory since the series began in 1996.

Placements in feedlots during October totaled 2.49 million, 1 percent below 2010.

Marketings of fed cattle during October totaled 1.79 million, 3 percent above 2010. Other disappearance totaled 93,000 during October, 50 percent above 2010.

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