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Drought costs nearly $600,000 PDF Print
Monday, 17 December 2007 20:26
Thanks to a drought labeled as the worst in the state’s recorded history, North Carolina’s crop economy may lose $573 million, a state report says. 
Preliminary estimates say soybean farmers suffered the biggest loss, the Associated Press reports. The estimates do not include losses for the livestock, poultry and dairy industries that have also struggled through the drought. In 2006, the state’s crop added approximately $3 billion to the economy. This year’s losses may set up the industry for more trouble next year. The drought’s impact may be felt in the future through poor yields and quality. Additionally, many farmers depleted their water resources to supplement their irrigation. While congressional leaders have agreed to a provision that would open federal agriculture assistance to farmers affected by the drought, two thirds of the state remains under exceptional drought conditions- with no end in sight.
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