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Drought-stricken ranchers given extension to replace animals

Farmers and ranchers in El Paso County who lost livestock due to drought have an additional year to replace their stock, according to the Internal Revenue Service, which released the news Monday. Farmers and ranchers who were required to replace their animals by Dec. 31 now have one more year to do so. The additional… Continue Reading Drought-stricken ranchers given extension to replace animals

Utilities eases drought restrictions

While the city will remain in stage 2B watering restrictions – limited to watering outdoors only two days a week – the threshold for drought surcharges has increased, according to Colorado Springs Utilities. Starting Aug. 1, the entry point for water pricing increases goes to 2,500 cubic feet of water usage, up from 2,000 cubic… Continue Reading Utilities eases drought restrictions

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Drought leads to water restrictions starting in April

A hot dry summer followed by low snowpack in the mountains this winter and higher-than-expected demand has created a water crisis for Colorado Springs Utilities. Trying to refill reservoirs that are at 48 percent of capacity, the city-owned utility is suggesting Stage 2 water restrictions for customers starting in April. That means that outdoor watering… Continue Reading Drought leads to water restrictions starting in April

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U.S. corn growers could have their worst crop in a generation as the harshest drought in decades takes its toll, the government reported Friday as it forecast the lowest average yield in 17 years. The U.S. is the world’s biggest producer of corn, soybeans and wheat, and the United Nations has warned of higher global… Continue Reading US cuts corn, soybean outlook as drought burns on

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While the economic index for the mountain states remains higher than the national average, leading economic indicators are slipping, according to the Goss Institute for Economic Research. The overall business conditions index slipped to 56.1. The index is a measure of indices for new orders, production, employment, inventories and delivery lead time. The big problem… Continue Reading Colorado drought conditions lead to slower economic growth

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  Ranchers in western Colorado are selling off cattle to avoid losing them to a severe drought.   Livestock auctioneer Bill Martin of Loma says his auction barn usually sees between 200 and 400 cows a week, but this year the numbers have sometimes nearly quadrupled.   Martin says the spike in animal sales is… Continue Reading Ranchers selling off cattle to avoid drought loss

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As ranchers in drought areas sell cows, others buy

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The drought in the Southwest may help 29-year-old Chad Bicker get to his goal of being a full-time farmer and rancher by the time he’s 40. As farmers in Texas and other bone-dry areas sell cattle because they can’t grow hay or afford to buy feed, Bicker has been buying animals for his farm in… Continue Reading As ranchers in drought areas sell cows, others buy

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