Texas Wildfires Impacting Panhandle Ranchers But Not Cattle, Beef Prices
Wildfires in the Texas Panhandle have caused significant cattle losses for individual ranchers, with the Smokehouse Creek Fire burning over 1 million acres. While the impact on local ranchers is severe, it is not expected to significantly affect beef cattle markets or consumers due to the localized nature of the losses. Efforts are underway to assist affected producers, but rebuilding herds amid record-high cattle prices will be challenging.
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