Ron Nelson
Author
Series
Production and farm management report volume PFMR 13-02
Publisher
Colorado State University, Department of Agricultural and Resource Economics
Pub. Date
2013.
Description
If Colorado ranchers and farmers face an increased probability of extreme and recurring droughts, it is then important to determine the effect that drought has on the resiliency of farmers and ranchers, and the likelihood that continued assistance will be needed.
Author
Series
Production and farm management report volume PFMR 13-03
Publisher
Colorado State University, Department of Agricultural and Resource Economics
Pub. Date
2013.
Description
If Colorado ranchers and farmers face an increased probability of extreme and recurring droughts, it is then important to determine the effect that drought has on the resiliency of farmers and ranchers, and the likelihood that continued assistance will be needed.
Author
Series
Production and farm management report volume PFMR 13-01
Publisher
Colorado State University, Department of Agricultural and Resource Economics
Pub. Date
2013.
Description
The drought's impacts to the farm or ranch business are not contained within a single season. Much like reservoir levels that are drawn down and may take years to replenish, the impact of a drought can reduce a farm or ranch's equity position making it difficult to service debt or take advantage of future investment opportunities. Equity erosion may take years to rebuild.