(FOX NEWS) Ranchers in South Dakota fear they may lose everything after a freak storm dumped up four feet of snow in parts of the state last week, killing as many as 100,000 cattle.
Matt Kammerer, a 45-year-old rancher whose family has operated in South Dakota’s Meade County since 1882, told FoxNews.com that he lost 60 cattle in the storm, or one-third of his entire herd.
“You’re talking about $120,000 of assets that are just gone,” Kammerer said Friday by phone. “And we still owe the banks, too. It’s like driving a brand-new pickup off a cliff and still having to make payments.”