A devastating drought has a wide range of business implications. While you were concerned with the drought of 2012 – or continuing drought for many Western producers – you probably haven't taken into consideration what it left behind for the next five years.
It is important to know what your options and choices are after the drought, and to have the best approach for your farm going forward.
From filing for crop insurance claims to tax implications, major droughts can impact your bottom line. Just what do droughts leave behind for future crops? What steps do you need to take to get land ready for planting and replenish the soil's nutrients?
Are you a livestock producer? Fewer feed resources and corresponding higher prices in a major drought year is a double-whammy to your bottom line.
The editors at Farm Progress have pulled together a host of information to help you figure out the best approach for your farm. Download our free report: 5 Post-Drought Strategies below.
A history-making drought can change the rules in a lot of ways, but there are always legal considerations to consider. A panel of experts offers their take on some items you may want to talk to your lawyer about. Download our free report: 5 Post-Drought Strategies.
Post-Drought Livestock, Range And Pasture Insight
No single group of producers was more impacted by the 2012 drought than those who raise livestock.
If facing drought conditions, evaluate the animals in your herd. Heavy culling is likely necessary; only the most productive animals are to be wintered with a short feed supply.
The editors at Farm Progress have pulled together tips that will help you survive to profit following a tough drought.Download our free report: 5 Post-Drought Strategies.
What you will learn from 5 Post-Drought Strategies
Tip #1: Post-Drought Business Issues From Tax And Legal Ramifications To Cash Flow Issues
From filing for crop insurance claims to tax implications, a drought will impact your bottom line.
Tip #2: Post-Drought Soil And Fertility Issues
Just what does a drought leave behind for the future crop? And what steps do you need to take to get land ready for planting?
Tip #3: Post-Drought Herbicide And Seed Considerations
Crop protection could be a whole new ballgame after a drought.
Tip #4: Post-Drought Livestock, Range And Pasture Insight
Livestock producers must change how they manage their herd to minimize costs and maximize production.
Tip #5: Post-Drought Crop Quality Considerations
Significant droughts can leave behind mycotoxins that may impact how grain can be used.
The Bottom Line In Recovering From The 2012 Drought
This free report - 5 Post-Drought Strategies offers you an in-depth look at how to move forward after a significant drought.
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