This year’s drought is still producing significant losses to many ranchers in the State of Texas. Today, we will look into two more USDA programs to help ranchers cape the drought, Livestock Forage Disaster Program and the Emergency Assistance for Livestock, Honeybees, and Farm-Raised Fish Program.
Numerous wildfire events across the State of Texas have unfortunately developed these last months producing many losses to many ranchers. Today we will review one USDA program that supports ranchers that have livestock losses due to wildfires and other weather-related events.
As we approach Easter, we return to the still-hot lamb market. What are the trends in demand? What do supplies look like? What can we say about the outlook for sustained premiums in this growing market?
As we move into the holiday season, it’s important to not forget a few pending deadlines. The Livestock Forage Disaster Program application will be due at the end of January. Additionally, updates to ELAP may provide payments if producers were required to transport feed.
Easter is a popular holiday for lamb consumption around the United States. In addition to Easter, holidays like Passover and Ramadan are in progress or approaching fast. These holidays make mid spring through late spring an important time for sheep and goat markets. Don’t forget to check out AgriLife’s Small Ruminant Market Price Analysis Project.