Drought’s economic consequences are everywhere. Some tools to help you recalculate your costs:
Tax implications of selling your herd (podcast by Russellville accountant Kent Dollar)
Utilizing Enterprise Budgets – Basics on how and why to use enterprise budgeting.
Cow-Calf Enterprise Budgets, publication MP 413
2012 Crop Enterprise Budgets, publication AG1272
Catfish Production Budgets, publication MP466