Farmer resiliency under drought conditions

Abstract

Coloradoans continue to experience severe drought conditions resulting in significant economic losses. The ongoing drought has led to widespread crop failures, damaged rangelands and reduced livestock productivity. The drought's financial impacts will be felt by agricultural producers for years to come and may threaten the long-term economic viability of some agricultural operations. Nearly all operations are less resilient to future shocks when compared to conditions before the drought. The purpose of this document is to shed light on some aspects of Colorado agricultural operations' lost resiliency.