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Thursday, July 29, 2010

Drought, Recession Scorch Texas Cattle Ranchers

World Weather Post - Wednesday, March 11, 2009, 4:30
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From Pandora, Texas, Ed Stoddard and Jessica Rinaldi, of Reuters, are reporting that “Frates Seeligson recalls when his ranch last saw rain: September of last year.

That was around the time he took on an extra 200 cows to help a farmer whose fields were ravaged by Hurricane Ike.

 Talk about a perfect storm. The worst drought on record in this parched part of south-central Texas means his withered land can hardly support his own dwindling herds.

Meanwhile, the worsening recession means that low-priced hamburger meat is replacing high-priced steak on American shopping lists, driving down beef prices.”

Full story in Reuters.

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