The extended drought in South Texas has affected just about everybody, in one way or another. But, perhaps more than most, cattle ranchers have been hit especially hard.

A common conversation between ranchers at livestock auction markets is usually centered on the hard times. Armand Martinez is a veteran cattle rancher. He's spending more money than ever to keep things running on his ranch, as his costs go up. He can blame it all on the drought. One of the worst dry spells since the 1930s has made hay a lot harder to grow, and more expensive to buy.

"Guys can't afford to feed them anymore. The ranchers cannot afford to hold them, they're losing weight, and when they lose weight, you lose money," Martinez says.

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