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Heat Wave Gives Texas Five-Billion Dollar Crop Loss

By: Newsroom Solutions
Updated: August 18, 2011
Texas A&M agriculture economists say the state is looking at a record in commodity losses.

Due to a searing temperatures and a ten-month drought, crop losses in the state are more than five-billion dollars.

The worst hit was to livestock, with producers losing just over two-billion dollars.

Cotton producers are losing nearly two-billion bucks, with hay, corn and wheat also a financial disaster.

Texas has taken the worst hit from the drought that spans several states from Arizona to sections of the East Coast.

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