Why is this important to corn producers and consumer?Livestock is our number one market - and beef being the majority of livestock that is fed corn - so being aware of how many cattle on are feed in Nebraska and across the U.S. helps us know about the market for our corn.
Nebraska Cattle on Feed up 4 percentNebraska feedlots, with capacities of 1,000 or more head, contained 2.20 million cattle on feed on September 1, according to the USDAs National Agricultural Statistics Service. This inventory was up 4 percent from last year.
Placements during August totaled 410,000 head, down 4 percent from 2014.
Fed cattle marketings for the month of August totaled 400,000 head, down 9 percent from last year. Other disappearance during August totaled 10,000 head, down 5,000 from last year.
Cattle On Feed Up 3 Percent In The U.S.Cattle and calves on feed for the slaughter market in the United States for feedlots with capacity of 1,000 or more head totaled 9.99 million head on September 1, 2015. The inventory was 3 percent above September 1, 2014.
Placements in feedlots during August totaled 1.63 million head, 5 percent below 2014. Net placements were 1.57 million head. During August, placements of cattle and calves weighing less than 600 pounds were 395,000 head, 600-699 pounds were 215,000 head, 700-799 pounds were 362,000 head, and 800 pounds and greater were 660,000 head. Placements are the lowest for August since the series began in 1996.
Marketings of fed cattle during August totaled 1.59 million head, 6 percent below 2014. Marketings are the lowest for August since the series began in 1996. Other disappearance totaled 60,000 head during August, 9 percent below 2014.