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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 This material may not be published, broadcast, rewritten or redistributed.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 67 67 10,289
MORTGAGES 107 107 13,434
FORECLOSURE NOTICES 24 24 2,668
BUILDING PERMITS 393 393 24,700
BANKRUPTCIES 60 60 9,952
BUSINESS LICENSES 16 16 3,752
UTILITY CONNECTIONS 149 149 14,706
MARRIAGE LICENSES 31 31 3,198

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