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Drought takes $128M bite out of Ark beef cattle

September 27, 2012

DROUGHT-BLASTED — pasture in Hector, Ark., at the height of the drought. (Photo by Phil Sims)

A pair of studies released today by U of Arkansas System Division of Ag researchers show heavy price paid by Arkansas’ ranchers during the drought of 2012. One study pegs the direct impact at $128 million and when you start to count the ripple effects of money ranchers aren’t spending in the community, the total is more like $133 million in labor income losses and a $136 million loss in value added.  READ MORE … 

The studies by Mike Popp, Nathan Kemper and Aaron Smith can be found at: http://bit.ly/SomTFP  and http://bit.ly/Qfnz0L

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