With more than 60 percent of the American West, Southwest and Central Plains categorized as D3 or severe drought – or worse – the American Farm Bureau Federation conducted a third round of its survey to evaluate drought’s continued impact on farm and ranch businesses.
The 17 states including and north of Texas, along the Central Plains to North Dakota and west to California, are vital to the U.S. agricultural sector. They support almost half of the nation’s $364 billion production by value -- but are being severely impacted by drought.
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Daniel Munch
Daniel Munch is an associate economist with the American Farm Bureau Federation’s Market Intel. Visit www.fb.org/market-intel for more information.
