Cattle operation losses from wildfires exceed $26 million
Monday, May 7, 2018
Estimated cattle operation losses from the April wildfires that raged across parts of western Oklahoma exceed $26 million, based on available information.
“More than 348,000 acres burned causing a wide variety of losses to livestock, pastures, hay, fences and facilities,” said Derrell Peel, Oklahoma State University Cooperative Extension livestock marketing specialist.
Estimated cattle industry losses in Oklahoma include:
• $16.4 million for fence replacement and repair;
• $1.4 million for livestock killed or destroyed as a result of the fire plus veterinary
costs and reduced value of surviving injured animals;
• $6.3 million for burned facilities and corrals;
• $1.6 million for emergency feed; and
• $660,000 for burned pasture and hay.
The estimates are based in part on preliminary totals of some 1,600 head of cattle lost and over 2,100 miles of fences affected. The totals do not include any estimates for vehicle and equipment losses or homes or other personal property destroyed in the fires.
“Naturally, estimates may increase as a more comprehensive assessment of the losses is completed,” Peel said.
Peel added losses incurred in the fires will have significant and long-lasting financial impacts on the agricultural operations and families affected. However, no significant market effects on livestock prices are expected as a result of the fire impacts.
Oklahoma is the nation’s fifth-leading producer of cattle and calves, according to USDA National Agricultural Statistics Service data.
The Oklahoma Cooperative Extension Service is one of two state agencies administered by OSU’s Division of Agricultural Sciences and Natural Resources.