In 2022, according to the U.S. Department of Agriculture, California, Texas, Oregon, Nevada, Utah, and New Mexico were suffering from extreme drought. The lack of rainfall greatly reduced the growth of grass that ranchers use to feed cattle. The result was a reduction in the number of cattle raised in these states. Use a demand and supply graph of the cattle market to illustrate the effect of the drought. How are producer surplus and consumer surplus affected? Briefly explain.