Nebraska feedlots with capacity of 1,000 head or more see cattle on feed up 8% year-over-year to 2.36 million head on June 1, USDA says; feedlot placements up 35% to 460,000 head in May

LINCOLN, Nebraska , June 22, 2012 (press release) –
Nebraska feedlots, with capacities of 1,000 or more head, contained 2.36 million cattle on feed on June 1, according to the USDA’s National Agricultural Statistics Service, Nebraska Field Office. The inventory was up 8 percent from last year. This is the highest June inventory since the data series began in 1994.

Placements in feedlots during May totaled 460,000 head, up 35 percent from 2011 and the highest May placements since the data series began in 1994.

Marketings of fed cattle during May totaled 540,000 head, up 9 percent from last year. This is the highest May marketings since the data series began in 1994.

Other disappearance during May totaled 20,000 head, down 20 percent from 2011.

U.S. CATTLE ON FEED UP 2 PERCENT

Cattle and calves on feed for slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 11.1 million head on June 1, 2012. The inventory was 2 percent above June 1, 2011.

Placements in feedlots during May totaled 2.09 million, 15 percent above 2011. Marketings of fed cattle during May totaled 2.02 million, 1 percent above 2011. Other disappearance totaled 100,000 during May, 23 percent above 2011.

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