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Thursday, March 24, 2011

Worst Texas Drought in 44 Years Damaging Wheat Crop, Reducing Cattle Herds - Bloomberg

Worst Texas Drought in 44 Years Damaging Wheat Crop, Reducing Cattle Herds - Bloomberg: "The worst Texas drought in 44 years is damaging the state’s wheat crop and forcing ranchers to reduce cattle herds, as rising demand for U.S. food sends grain and meat prices higher.

Texas, the biggest U.S. cattle producer and second-largest winter-wheat grower, got just 4.7 inches (12 centimeters) of rain on average in the five months through February, the least for the period since 1967, State Climatologist John Nielsen- Gammon said. More than half the wheat fields and pastures were rated in poor or very poor condition on March 20."

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