Ranchers left with only their pocket lint

US - Alan Kindsfater shrugged off the snow squall swirling outside a window of the Belle Fourche Livestock Exchange cafe recently, saying it was not enough to make a difference for him and his neighbors
calendar icon 29 January 2007
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What’s needed is a foot of good, wet snow to infuse the country with hope for the future, Kindsfater said. Stock dams are dry, and there isn’t a surplus of feed within a 150- to 200-mile radius of Belle Fourche.

“There’s not as much optimism in agriculture as there was a year ago,” Kindsfater said, glancing up at a television monitor showing calves running onto the auction ring’s scale.

Kindsfater and Mike Strohscheim plan to sell 60 yearling Angus bulls Feb. 15. Those bulls might sell better if the outlook for the spring and summer called for full stock dams and abundant green grass.

Kindsfater, who also sells real estate, said economic conditions in rural South Dakota are starting to affect land prices. Few ranchers and farmers have extra capital to invest in more land.

Source: Rapid City Journal.com
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