Thursday, January 10, 2008
Cattle Farmers - Dry Season
Last year, precipitation in the Southeast region of the US was the lowest its been in a decade, it was the 2nd-driest year since 1895.
The Southeast, defined as Virginia, North Carolina, South Carolina, Georgia, Alabama, and Florida - accounts for 25% of calf production in the US. But without rain to nourish pastures, hay and forages, the cost of feeding cows is becoming untenable.
A cattle farmer in Georgia says he used to pay about $25 per roll of quality hay, now the price is double.
Beef prices have risen 5% to $3.81 in November 2007, from $3.63 in January 2007.
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