Drought: Business/Economics

All Drought: Business/Economics Content

Two producers reviewing financial paperwork in a farm office.

Farm’s Target for Working Capital

Working capital provides a first line of defense for financial stress and an opportunity to take advantage of bargains that may arise. Learn how to calculate it and determine strategic targets for your operation.

Color-coded drought monitor map of South Dakota. As of March 22, northwest to southeast South Dakota are facing severe drought to abnormally dry conditions, while the northeast is under normal conditions.

Agronomic Considerations for Moisture Deficit Conditions

The current soil moisture stress in South Dakota could be more pronounced than we have seen in last few years. If this continues, cropping decisions may need to be adjusted for the upcoming growing season.

Female FSA employee reviewing paperwork with a male producer.

Counties Designated as Disaster Areas and Qualify for Other Programs

Five South Dakota counties have been given disaster declarations due to dry summer conditions. This declaration gives producers in these counties and those in contiguous counties access to USDA-FSA emergency loans.

a creep feeder unit in a pasture. Photo by Alice Welch, USDA

Considering Creep Feeding

Despite what Mother Nature seems to think the summer months are approaching and for some that means rolling out the creep feeder and for others considering whether creep feeding is a necessary investment.

Vast winter prairie on the Rosebud Reservation.

Climate Resilience Toolkit for the Northern Plains Region

In September 2021, the U.S. Climate Resilience Toolkit announced the publication of a new Northern Great Plains Region section. The new section can help producers recognize climate hazards, assess vulnerabilities and confront risks.

Stream running through West River South Dakota rangeland.

Water Rights in a Time of Drought

During a drought, it is not surprising that the South Dakota Water Rights Program will see an increase in permit applications. In South Dakota, water is considered the property of the people of the state, and depending on your intended water use, a water right permit may be needed.

Hand examining drought-stressed soybeans in the field.

Salvaging Drought-Stressed Soybeans as Feed

One of the more popular questions we’ve been receiving lately involves using soybeans as forage. Although the soybeans planted for grain are not typically bred for forage use, we can salvage the crop for said forage if need be.

Producer and USDA Farm Service Agency agent reviewing forms on a desk.

Qualifying Livestock Forage Program Applications

As drought conditions worsen, livestock producers will find feed assistance from the Livestock Forage Program administered by the U.S. Department of Agriculture Farm Service Agency. Learn how to qualify, apply and certify your application for assistance.

Color-coded drought monitor map of South Dakota. As of April first, Northeast South Dakota is facing extreme drought, while the rest of the state is under abnormally dry to severe drought conditions.

SDSU Extension Launches Drought Hour Webinar Series April 12

April 06, 2021

SDSU Extension’s Drought Hour webinar series will provide the latest climate outlook, market insights and proactive moisture management planning for farms, ranches and properties of all sizes.

Cattle feeding in a feed bunk.

Don’t Let Dry Conditions Take a Toll on Breeding Success

If you feel pastures are not going to provide adequate nutrients to prepare cows for breeding, here are some management strategies that can be done to potentially stimulate estrus, maintain good pregnancy rates, and save some feed resources too.