Texas Drought Causes $1.2 Billion in Livestock Losses

Livestock losses due to the Texas drought have reached $1.2 billion in six months, according to economists with the Texas AgriLife Extension Service. Farmers are selling off herds, crop conditions are deteriorating and ranchers are being forced to feed hay to their herds early in the season due to lack of pasture growth. The U.S. Drought Monitor reports that 100 percent of the state is abnormally dry and 82 percent is classified as being in extreme and exceptional drought. Read more (Drovers Cattle Network).