Cattle inventory down 3 percent from last year | Agriculture

LINCOLN — Nebraska feedlots with capacities of 1,000 or more head contained 2.58 million cattle on feed on Feb. 1, according to the U.S. Department of Agriculture’s National Agricultural Statistics Service.

The inventory was down 3 percent from last year.

January placements of 515,000 head were down 5 percent from 2018, while fed cattle marketings of 480,000 head were up 3 percent.