Farm Finance

Tax Implications of Selling Cattle during Drought

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…

Alabama Extension Encourages Farmers to Pursue Drought Assistance Options

AUBURN, Ala.–All Alabama counties have been designated as disaster areas by the U.S. Department of Agriculture because of ongoing drought conditions.  To help producers battle the threats, the U.S.D.A. offers farmers several drought assistance programs through the Farm Service Agency (FSA).…

Strategies to Help Livestock Producers Battle Drought

AUBURN, Ala.–Alabama is suffering the worst drought conditions the state has seen since 2006. Some areas need as much as 15 inches to break the drought. Livestock producers are facing tough decisions about how to manage their herds. Not only…