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VOL. 129 | NO. 34 | Wednesday, February 19, 2014

Arkansas Cattle Industry on Rebound After Drought

AP

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LITTLE ROCK, Ark. (AP) — Arkansas ranchers are rebuilding their herds after culling animals during a lengthy drought.

The state's cattle industry suffered $128 million in damage in a 2012 drought, the economic effects of which stretched into 2013.

Nationally, cattle numbers are the lowest they have been since 1951. Arkansas producers had 4 percent more cattle in January as they did one year previously. Federal statistics show Arkansas has 1.66 million head, part of the 86.7 million head nationally.

Cattle expert Tom Troxel of the University of Arkansas Division of Agriculture says the 2012 drought cause a 4 percent decline in Arkansas cattle last year. Nationally, the cattle inventory dropped 2 percent.

The Arkansas cattle industry is poised to recover as the state is almost 100 percent free of drought.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 74 437 6,772
MORTGAGES 122 557 9,280
FORECLOSURE NOTICES 25 129 1,990
BUILDING PERMITS 236 716 15,738
BANKRUPTCIES 56 309 6,059
BUSINESS LICENSES 17 104 2,598
UTILITY CONNECTIONS 76 499 8,469
MARRIAGE LICENSES 31 138 1,997

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