Girl Planting seeds

Many Texas ranchers won’t survive multibillion-dollar financial hit from coronavirus

The spring pastures perfect for grazing cattle on Marisue Potts’ ranch have begun to dry. That means it’s time to sell. Potts owns a ranch near Matador, Texas, where she keeps a herd of about 35 cattle. In a few weeks she’ll take her yearlings and full-grown steers to the nearest auction in Floydada. She expects to make less per head than she’s made in at least a decade. “I’m going to take whatever hit I’m going to take financially,” Potts said. “There are ranchers who can hold on until this bottleneck is fixed and the markets stabilize but I can’t do that. I have to sell them or they might not make it to next season.”  Read more...

 

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