Storms inundated fields across Texas and Oklahoma but they broke a drought that wreaked havoc on the profitability of growers, cattlemen
Wed, Jun 24, 2015 - 5:50 AM
Flood waters engulfing houses in Bossier City, Louisiana, earlier this month. The record rains have pushed down hay costs to US$35 a bale from a peak of US$130 during a severe drought in 2012 and 2013.
FARMERS are reaping higher yields and ranchers' feed costs have fallen sharply since flooding swept across the southern US Plains in May, with the record rains providing tangible benefits to agriculture despite causing damage that will likely cost billions of dollars to repair....