AUBURN, Ala.–Cattle producers in Alabama are facing drought conditions. In extreme cases of drought, producers may have to reduce their herd size to take the stress off their pasture. Selling such a large number of cattle at one time can raise concerns about the tax consequences from these sales.
Ken Kelly, an Alabama Extension farm and agribusiness management agent, says that producers have some options to postpone or avoid these consequences. Learn more about these options in this story from ExtensionDaily.com.