Drought may have cost Nebraska farmers nearly $2 billion in 2022
10/27/2022 12:00:00 AM
CATEGORIES:
Agriculture
Plants & Wildlife
AFFECTED AREAS:
Nebraska
Start Date: 1/1/2022
- End Date: 12/31/2022
Nebraska corn, soybean and wheat farmers may have lost nearly $2 billion due to drought this year. Nebraska Farm Bureau’s Senior Economist Jay Rempe estimated the loss to be $1.1 billion on corn and $674 million on soybeans, while wheat production was down 31%. The total loss is likely higher as the estimates to not include losses for other crops like sorghum, sugar beets, sunflowers, and dry beans.
Cattle and other livestock were also affected by drought. Much of the state’s pasture and rangeland was rated very poor to poor. Alfalfa production was estimated to be 22% lower than in 2021, while other hay production was estimated to be 18% lower than last year.
Nebraska Farm Bureau (Lincoln, Neb.), Oct 27, 2022
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