Nebraska feedlots with capacity of 1,000 head or more see cattle on feed up 6% year-over-year to 2.57 million head on March 1, USDA says; feedlot placements up 17% to 410,000 head in February

OMAHA, Nebraska , March 23, 2012 (press release) – Nebraska feedlots, with capacities of 1,000 or more head, contained 2.57 million cattle on feed on March 1, according to USDA’s, National Agricultural Statistics Service, Nebraska Field Office. This inventory was up 6 percent from last year and is equal to last month, which was the largest inventory since the data series began in 1994.

Placements in feedlots during February totaled 410,000 head, up 17 percent from 2011. This equals 1999 as the largest placements for the month of February since the data series began in 1994.

Marketings of fed cattle during February totaled 390,000 head, up 7 percent from last year. Other disappearance during February totaled 20,000 head, up 33 percent from last year.

U.S. CATTLE ON FEED UP 3 PERCENT

Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.7 million head on March 1, 2012. The inventory was 3 percent above March 1, 2011.

Placements in feedlots during February totaled 1.71 million, 3 percent above 2011.

Marketings of fed cattle during February totaled 1.76 million, 2 percent below 2011. Other disappearance totaled 93,000 during February, 52 percent above 2011.

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