Ag News and Views: January 2012
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As I write this month's article, most producers are feeling more optimistic because we have had some rain and it has cooled off. The 100-plus degree days of the past summer are a bad memory.
The beginning of a new year is the perfect time to analyze your agricultural operation's economic performance. For those who maintained accurate operational production and financial records, the good news is that a great deal of valuable information can be gleaned from them.
Even with the rains during the fall of 2011, much of Oklahoma and Texas is still under drought advisories. Long-term forecasts are not promising for abundant rainfall during the spring or summer of 2012.