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Record-high temperatures and historic drought are forcing ranchers in some states to sell off their cattle in huge quantities, to an extent that is raising fears about the long-term health of the industry. The sell-off has centered mostly in the South, where ranchers have been seen lining up at livestock auctions in droves. In North Texas, would-be sellers have roughly “quadrupled” compared to typical auctions, Jack Robinson, an 83-year-old auctioneer at Emory Livestock Auction, told Bloomberg.

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