Ranchers Are Selling Off Their Cattle in Unprecedented Numbers Due to the Drought, and That Has Enormous Implications for 2023

Thanks to the horrific drought which is absolutely devastating ranching in the Southwest, ranchers are now in "Panic mode" and are selling off their cattle at an unprecedented rate.

North Texas ranchers are selling off cattle by the thousands as grass and water disappear during an expanding summer drought.

Normally, many cattle ranchers would feed hay to their cattle under such circumstances, but the price of hay has absolutely skyrocketed over the past year.

Central Texas ranchers have little hay to feed their cows due to drought conditions.

Ranchers in top cattle state Texas can't sell their herds fast enough with 100-degree Fahrenheit temperatures making it too expensive to sustain animals.

Normally ranchers would wait until their cattle have reached a desired weight before finally selling them off.

Cattle rancher Anthony Vybiral, in the business since the 90s, says drought conditions are forcing ranchers like him to "Sell smaller."

https://noqreport.com/2022/07/25/ranchers-are-selling-off-their-cattle-in-unprecedented-numbers-due-to-the-drought-and-that-has-enormous-implications-for-2023/