Nebraska gaining in cattle-feeding comparison
By ART HOVEY / Lincoln Journal Star
Nebraska, already a $6.5 billion force in annual cattle sales, is asserting itself in early 2007 in its battle for market share with Texas and Kansas.
As high corn prices take their toll, Texas and Kansas producers cut their January feedlot placements by more than 35 percent from a year ago. Nebraska, the other member of the big three of beef production, held virtually steady.
Analysts Darrell Mark, John Harrington and Jeff Stolle agree that Nebraska’s relative stability connects to its booming ethanol sector and to the ready availability of ethanol byproducts as a cheaper feed source.