Economic Tidbits

Nebraska Agriculture Through Numbers

USDA’s National Agricultural Statistics Service has released a bushel basket of numbers on Nebraska agriculture in recent weeks. The figures are a good reminder of the depth of agriculture in the state. A few highlights include:

  • Feedlots, with capacities of 1,000 or more head, held 2.42 million cattle on feed on October 1, down 2 percent from last year. Placements during September totaled 610,000 head, up 3 percent from 2022, and marketings totaled 450,000 head, down 6 percent from last year.
  • Corn stocks on September 1 totaled 130 million bushels, 9 percent of 2022 production. Of the total, 68.0 million bushels were stored on-farm, and 62.2 million bushels were stored off-farm.
  • Stored soybeans on September 1 totaled 21.1 million bushels, 8 percent of 2022 production. On-farm stocks were 5.60 million bushels and off-farm stocks were 15.5 million bushels.
  • Wheat in storage totaled 41.2 million bushels, 111 percent of this year’s production. On-farm stocks were 8.50 million bushels and off-farm stocks were 32.7 million bushels.
  • Egg laying hens in September totaled 8.07 million, up from 6.49 million the previous year. Egg production during September totaled 203 million eggs, roughly 9 dozen eggs per Nebraskan.
  • Milk production in the third quarter totaled 334 million pounds. The average number of milk cows was 54,000 head, 3,000 head less than the same period last year.

All hogs and pigs on September 1 numbered 3.70 million. Breeding hog inventory was 400,000 head and the market hog inventory was 3.30 million head.

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