FILE - In this Jan. 31, 2011, file photo John Prince, left, and Kevin Hafner, right, vice president of operations at Bob Funk's Express Ranches in El Reno, Okla., move cattle into a pen. The U.S. Agriculture Department, which has been issuing cattle inventory reports in January and July, is eliminating the July report. The USDA says it expects to cut about $10 million from its $156 million budget by eliminating or reducing the frequency of reports in 14 industries. (AP Photo/Sue Ogrocki, File)
Nebraska feedlots with capacities of 1,000 or more head contained 2.47 million cattle on feed as of Nov. 1.
The Nebraska Field Office of the USDA's National Agricultural Statistics Service says the inventory was up 2 percent from 2010 and marks the largest Nov. 1 inventory since records were first kept in 1994.
Placements in feedlots during October totaled 665,000 head, up 15 percent from last year. Marketings of fed cattle during October totaled 390,000 head, up 5 percent from 2010.
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